factual

What is the last year for which financial statements are provided for Engineering For Kids?

Engineering_For_Kids Franchise · 2025 FDD

Answer 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' 2025 Franchise Disclosure Document, the franchisor includes audited financial statements up to December 31, 2024. The financial statements provided cover the years ending December 31, 2022, December 31, 2023, and December 31, 2024. The Engineering For Kids fiscal year ends on December 31.

The inclusion of these financial statements allows prospective franchisees to review Engineering For Kids' financial performance over the past three years. This information is crucial for assessing the financial stability and overall health of the franchise system. By examining these statements, potential franchisees can gain insights into revenue trends, expenses, profitability, and cash flow.

It is important for prospective franchisees to carefully analyze these financial statements and consider seeking professional advice from an accountant or financial advisor. This will help them make an informed decision about investing in an Engineering For Kids franchise. Understanding the franchisor's financial performance is a key step in evaluating the potential risks and rewards of this franchise opportunity.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.