What was the reported amortization for Focalpoint Coaching in the first year presented?
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)
Based on the 2025 Focalpoint Coaching FDD, the financial statements include reports for the years 2022, 2023, and 2024. To determine the amortization expense for the first year presented (2022), a prospective franchisee should carefully review the income statement for that year.
The income statement will outline Focalpoint Coaching's revenues, expenses, and profits over a period of time. Amortization is the gradual expensing of the cost of an intangible asset over its useful life. Reviewing the financial statements will help a prospective franchisee understand how Focalpoint Coaching accounts for its assets and expenses.
Because the excerpt does not contain the specific amortization figures, it is recommended that a prospective franchisee carefully examine the complete financial statements within the FDD and consult with a financial advisor to fully understand the financial implications of investing in a Focalpoint Coaching franchise.