As of what date are the Epcon Communities audited financial statements included in Exhibit A?

According to Epcon Communities' 2025 Franchise Disclosure Document, the audited financial statements included in Exhibit A comprise the consolidated balance sheets as of December 31, 2024 and 2023, and the related consolidated statements of income and changes in member's equity and cash flows for the years then ended. The Independent Auditor's Report expresses an opinion that these financial statements present fairly the financial position of Epcon Communities as of those dates and for those years, in accordance with accounting principles generally accepted in the United States of America.

This means that a prospective franchisee reviewing the 2025 FDD can examine Epcon Communities' financial performance and position for the two most recent fiscal years. These audited statements provide insights into the company's profitability, solvency, and cash flow generation. The auditor's opinion lends credibility to these statements, indicating they have been prepared in accordance with established accounting standards and fairly present the company's financial condition.

It is important for potential franchisees to carefully review these financial statements and understand the underlying assumptions and accounting policies. Analyzing trends in revenue, expenses, assets, and liabilities can help assess the financial health and stability of Epcon Communities. Consulting with a financial advisor or accountant is advisable to fully interpret the financial statements and their implications for the franchise opportunity.