Are the Floors To Go financial statements presented on a calendar year basis?

According to the 2025 Floors To Go Franchise Disclosure Document, the company's financial statements are indeed presented on a calendar year basis. The audited financial statements included in the FDD cover the years ended December 31, 2024, December 31, 2023, and December 31, 2022. This means that the financial performance and position of Floors To Go are reported for the 12-month periods concluding on the last day of December each year.

For a prospective franchisee, this is a standard and transparent practice. Using a consistent calendar year allows for easy comparison of financial performance across different years and aligns with common business reporting practices. Franchisees can review these statements to understand the franchisor's financial health and stability over the past three years.

The independent auditors' reports included in the FDD also reference these dates, confirming that the audits were conducted on financial statements prepared as of December 31, 2024 and 2023, and for the years then ended. This further validates that Floors To Go uses a calendar year for its financial reporting.

Therefore, a potential Floors To Go franchisee can be confident that the financial data provided is organized and reported on a consistent, calendar-year basis, facilitating informed decision-making.