What was the net cash applied to investing activities for Focalpoint Coaching in 2023?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
| Balance, ending (deficit) | $ | (249,741) | $ | (266,798) |
STATEMENTS OF CASH FLOWS Years Ended December 31, 2023 and 2022
| 2023 | 2022 | |
|---|---|---|
| Cash flows from operating activities: | ||
| Cash received from customers | $ 5,935,922 | $ 5,079,501 |
| Cash paid to suppliers and employees | (5,937,550) | (5,037,342) |
| Interest received | 1 | 0 |
| Interest paid | (316) | (498) |
| Other income | 39,416 | 29,613 |
| Income tax paid | (1,444) | (48,514) |
| Net cash provided by operating activities | $ 36,029 | $ 22,760 |
| Cash flows from investing activities: | ||
| Net cash applied to investing activities, | ||
| capital expenditures | $ (7,662) | $ (9,923) |
| Net increase in cash and cash equivalents |
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the net cash applied to investing activities for the company in 2023 was $7,662. This figure represents the capital expenditures made by Focalpoint Coaching during that year.
For a prospective franchisee, understanding the investing activities of the franchisor can provide insights into how Focalpoint Coaching is allocating its resources. Capital expenditures typically include investments in property, equipment, and other assets that are intended to support the growth and operations of the company.
It's worth noting that this figure is a net cash outflow, indicated by the negative sign, meaning that Focalpoint Coaching spent more cash on investing activities than it generated from them in 2023. Reviewing these figures over several years can reveal trends in Focalpoint Coaching's investment strategy and financial health.