table_specific

What was the amount of distributions for Face Foundrie in 2024?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

86,273 | | (410,494) | | Other income | | | | | | | | Interest income | | 84,127 | | 47,416 | | 1,041 | | Total other income | | 84,127 | | 47,416 | | 1,041 | | Net income (loss) | $ | 937,141 | $ | 233,689 | $ | (409,453) |

STATEMENTS OF MEMBER'S DEFICIT

For the Years Ended December 31, 2024, 2023 and 2022

Balance at December 31, 2021 $ (84,259)
Member contributions 55,552
Member

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 73)

What This Means (2025 FDD)

According to Face Foundrie's 2025 Franchise Disclosure Document, the distributions for the year ending December 31, 2024, were reported as ($486,625). This means that Face Foundrie distributed $486,625 to its members during that year.

Member distributions represent the allocation of profits or capital from Face Foundrie to its members or owners. In this case, the distribution is a negative value, indicating a cash outflow from the company to its members. This could be due to various reasons, such as profit sharing, return of capital, or other financial decisions made by the company.

A prospective franchisee should consider these distributions in the context of Face Foundrie's overall financial performance. While distributions can be a positive sign of profitability, it's important to assess whether the company retains sufficient earnings for future growth and stability. Reviewing the trend of distributions over several years, alongside net income and retained earnings, can provide a more comprehensive understanding of the company's financial management practices.

It is also important to note that distributions can fluctuate depending on the company's financial performance and investment decisions. Therefore, past distributions are not necessarily indicative of future distributions. A potential franchisee should discuss Face Foundrie's distribution policy and financial outlook with the franchisor to gain a better understanding of potential future distributions.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.