What was the value of Exit's issued 100 common shares in 2024?

According to Exit's 2025 Franchise Disclosure Document, the value of the company's issued 100 common shares was $7 in 2024. The FDD also shows that the value of 100 common shares was also $7 in 2023 and 2022. This indicates a consistent valuation over the three-year period.

For a prospective franchisee, this information provides a glimpse into the company's capital structure and historical valuation of its shares. While the amount is relatively small, it's a data point that contributes to the overall financial picture of Exit. It is important to note that this value represents the initial issuance price, not necessarily the current market value of the shares, as Exit is a private company and its stock is not publicly traded.

It's also worth noting that the independent auditor's report included in the FDD raises concerns about Exit's ability to continue as a going concern due to recurring losses and a net capital deficiency. While management has plans to alleviate these concerns, prospective franchisees should carefully consider this information and conduct thorough due diligence before investing in an Exit franchise.