Where can I find the Statement of Cash Flows in Fitstop's financial statements?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
INDEPENDENT AUDITOR'S REPORT
To the members Fitstop USA, INC.
Opinion
We have audited the financial statements of Fitstop USA, INC. which comprise the balance sheet as of December 31, 2023 and 2022, and the related statement of operations and changes in members' equity, and cash flow for the years then ended, and the related notes to the financial statements.
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, the Statement of Cash Flows for Fitstop USA, INC. is included as part of the financial statements. The financial statements are presented as Exhibit C within the FDD.
The financial statements include the balance sheets as of December 31, 2023 and 2022, the related statement of operations and changes in members' equity, and the statement of cash flows for the years then ended. These statements, along with the notes to the financial statements, are audited by Muhammad Zubairy, CPA PC.
The independent auditor's report states that the financial statements present fairly the financial position of Fitstop USA, INC. as of December 31, 2023 and 2022, and the results of its operations and its cash flows for the years then ended, in accordance with accounting principles generally accepted in the United States of America.