As of what date do the statements of stockholder equity for Gold Star cover?

According to Gold Star's 2025 Franchise Disclosure Document, the audited financial statements include statements of stockholder equity for each of the 3 years in the period ended December 31, 2024. This means that the provided financial statements include a historical view of Gold Star's equity position.

For a prospective franchisee, this information is crucial for assessing the financial stability and overall health of Gold Star. By reviewing the statements of stockholder equity, a franchisee can see how the company's ownership structure and equity have changed over the three-year period. This includes details about common stock, paid-in capital, retained earnings (or deficits), and any accumulated other comprehensive income or losses.

The document's inclusion of three years' worth of data allows for trend analysis. A potential franchisee can identify whether Gold Star's equity has been consistently growing, declining, or fluctuating. Consistent growth in equity generally indicates a financially healthy and well-managed company, while a declining equity position might raise concerns about the company's profitability and long-term sustainability. Franchisees should pay close attention to retained earnings, as this reflects the company's accumulated profits or losses over time. A positive and growing retained earnings balance is a positive sign, whereas a negative balance (deficit) could indicate past financial difficulties.

Overall, the stockholder equity statements provide valuable insights into Gold Star's financial structure and performance, enabling potential franchisees to make informed decisions about their investment. It is important to review these statements carefully and compare them with other financial data provided in the FDD to gain a comprehensive understanding of the company's financial health.