Where can I find the statements of income for Focalpoint Coaching in the financial statements?

According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the statements of income can be found within the audited financial statements. The independent auditor's report indicates that the financial statements comprise balance sheets as of December 31, 2024, and 2023, along with related statements of income, retained earnings (deficit), and cash flows for the years then ended, including related notes. These statements provide a comprehensive view of Focalpoint Coaching's financial performance over those periods.

Specifically, the auditor's report on supplementary information mentions that the audits were conducted to form an opinion on the basic financial statements taken as a whole. The schedules of net revenues, cost of revenues, and general and administrative expenses are included as supplementary information. For the years ended December 31, 2024 and 2023, these schedules are located on pages 18 through 19.

Prospective franchisees can review these statements to understand Focalpoint Coaching's revenue, expenses, and overall profitability. Understanding these financial statements is crucial for assessing the financial health and stability of the franchisor, which can indirectly impact the support and resources available to franchisees. Additionally, examining the trends in revenue and expenses can provide insights into the potential growth and sustainability of the Focalpoint Coaching franchise system.