Does Exhibit A contain the audited financial statements for Epcon Communities as of December 31, 2024?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
Our audited financial statements as of December 31, 2022, December 31, 2023 and December 31, 2024 and for the years then ended are attached to this disclosure document as Exhibit A.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 85)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, the audited financial statements as of December 31, 2022, December 31, 2023, and December 31, 2024, are included in Exhibit A.
Specifically, Exhibit A contains the consolidated balance sheets as of December 31, 2024 and 2023, along with the related consolidated statements of income, changes in member's equity, and cash flows for the years then ended. These statements are accompanied by notes to the consolidated financial statements.
The inclusion of these audited financial statements in Exhibit A allows prospective franchisees to review Epcon Communities' financial performance over the past three years. This information is crucial for assessing the financial stability and overall health of the franchise system before making an investment decision.