Are the Engineering For Kids financial statements in Exhibit E?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit E to this disclosure document contains the following financial statements: the audited financial statements for Engineering for Kids International, LLC as of December 31, 2022, December 31, 2023 and December 31, 2024. Our fiscal year end is December 31.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 52–53)
What This Means (2025 FDD)
According to Engineering For Kids's 2025 Franchise Disclosure Document, the audited financial statements for Engineering for Kids International, LLC are included in Exhibit E. Specifically, Exhibit E contains the audited financial statements as of December 31, 2022, December 31, 2023, and December 31, 2024. The Engineering For Kids fiscal year ends on December 31.
For a prospective Engineering For Kids franchisee, this means that detailed financial information about the franchisor's performance is available for review. Examining these statements is a crucial step in due diligence, as it provides insights into the financial stability and historical performance of Engineering For Kids.
By reviewing these financial statements, potential franchisees can assess Engineering For Kids's revenue trends, profitability, assets, and liabilities. This information can help in evaluating the overall financial health of the franchisor and understanding the potential risks and rewards associated with investing in an Engineering For Kids franchise. It is advisable to consult with a financial advisor to properly interpret these statements.