What was the net cash applied to investing activities for Focalpoint Coaching's capital expenditures in 2022?
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 capital expenditures in 2022 was $(9,923). This means that Focalpoint Coaching spent $9,923 on capital expenditures during that year.
For a prospective franchisee, this figure provides insight into the company's investment in its own infrastructure and assets. Capital expenditures can include things like purchasing equipment, upgrading technology, or improving facilities. Seeing this figure can help a franchisee understand how Focalpoint Coaching manages its finances and whether it is reinvesting in the business.
It's important to note that this figure only reflects capital expenditures and doesn't include other types of investments the company may have made. Franchisees may want to inquire about the company's overall investment strategy and how it plans to support franchisees in the future.