What was the net income (loss) for Face Foundrie in 2022?

According to Face Foundrie's 2025 Franchise Disclosure Document, the company experienced a net loss in 2022. The financial statements show that Face Foundrie had a net loss of $409,453 for the fiscal year ending December 31, 2022. This loss is a key indicator of the company's financial performance during that period.

For a prospective franchisee, this information is crucial for assessing the financial health and stability of Face Foundrie. A net loss can signal potential risks or challenges within the business model. It's important to consider the factors that contributed to this loss, such as operating expenses, revenues, and other income, to understand the overall financial picture.

It is also important to note that while Face Foundrie experienced a net loss in 2022, the financial statements also provide data for subsequent years. Reviewing the trend of net income (loss) over multiple years, including 2023 and 2024, can offer a more comprehensive understanding of the company's financial trajectory and potential for future profitability. This historical context can help potential franchisees make a more informed decision about investing in a Face Foundrie franchise.