What was the operating income (loss) for Focalpoint Coaching for the year ended December 31, 2024?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit C contains our audited financial statements as of December 31, 2022, December 31, 2023, and December 31, 2024. Our fiscal year end is December 31.
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the financial statements include the statements of income for the years ended December 31, 2024 and 2023. However, the excerpt does not specify the exact operating income (loss) for Focalpoint Coaching for the year ended December 31, 2024.
While the provided financial statements are audited by Rich, Wightman & Company, CPAs, LLC, and include an independent auditor's report, the specific figure for operating income or loss is not disclosed in this excerpt. The auditor's report confirms that the financial statements present fairly the financial position of Focalpoint Coaching, Inc. as of December 31, 2024, but it does not enumerate the operating income.
A prospective Focalpoint Coaching franchisee should request a full copy of the audited financial statements, including the income statement, from the franchisor to ascertain the operating income (loss) for the year ended December 31, 2024. This information is crucial for assessing the financial health and profitability of Focalpoint Coaching.