Through what date has the management of Epcon Communities evaluated subsequent events?

According to Epcon Communities' 2025 Franchise Disclosure Document, the company's management has evaluated subsequent events through the date of the Independent Auditor's Report. This date is also specified as the date on which the consolidated financial statements were available to be issued.

In simpler terms, Epcon Communities' management reviews events that occur after the close of their fiscal year (December 31, 2024 in this FDD) up to a certain point to ensure their financial statements accurately reflect the company's financial position. This review period extends until the date the Independent Auditor finalizes their report and the financial statements are ready for release.

For a prospective franchisee, this means that the financial information presented in the FDD has been vetted for any significant events that occurred after the fiscal year-end but before the statements were issued. This provides a higher level of confidence in the accuracy and completeness of the financial data. Franchisees should be aware that this subsequent event evaluation provides a snapshot in time, and business conditions can change.

It is common practice for franchisors to have their financial statements audited by an independent auditor. This audit provides an additional level of assurance to potential franchisees that the financial information presented in the FDD is reliable. The subsequent events evaluation is a standard part of the audit process.