What was the value of Exit's issued 100 common shares in 2022?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
------|-----------------------------------| | Revenues recognized over time: | | | | | Franchise sales and renewals | $ 374,466 |
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the value of 100 common shares issued by Exit in 2022 was $7. This figure is also consistent for the years 2023 and 2024.
For a prospective franchisee, this information provides a glimpse into the company's capitalization and the stated value of its equity. While a nominal amount, it's typical for companies to issue initial shares at a very low value. This is because the real value is built over time through the company's operations and growth.
It is important to note that this is simply the stated value of the shares at the time of issuance and does not reflect the current market value or the overall financial health of Exit. Further analysis of the company's financial statements would be needed to assess the true value of the equity and the potential return on investment for a franchisee.