What was the net cash used in investing activities for Hydrodog in 2023?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
Department of Financial Institutions Post Office Box 1768 Madison, Wisconsin 53701 (608) 266-2801 | |
| 2024 | 2023 | |
|---|---|---|
| Cash flows from operating activities Net loss Adjustments to reconcile net loss to net cash provided | $ (40,772 ) | (248,249) |
| by operating activities Change in allowance for credit losses Non-cash lease expense Depreciation Prepaid expenses | (10,606) 335,119 64,284 | 33,893 256,401 109,470 (2,250) |
| (Increase) decrease in assets: Accounts receivable - trade, net Security deposits Increase (decrease) in liabilities: Accounts payable | (37,674) (71,600) 3,534 | (58,789) (11,600) |
| Accounts payable Accrued liabilities | 42,471 1,544 | |
| Total adjustments | 362,863 | 371,140 |
| Net cash provided by operating activities | 322,091 | 122,891 |
| Cash flows from investing activities Advances made on notes receivable Acquisition of property and equipment Net cash used in investing activities | (96,978) | (165,484) |
| (578) | (3,522) | |
| (97,556) | (169,006) | |
| Cash flows from financing activities Reduction of finance lease liability Contributions Distributions | (107,314) | (99,106) |
| - | 158,639 | |
| (22,500) | - | |
| Net cash provided by (used in) financing activities | (129,814) | 59,533 |
| Net increase in cash | 94,721 | 13,418 |
| Cash, beginning of the year | 13,418 | - |
| Cash, end of the year | $ 108,139 | $ 13,418 |
| SUPPLEMENTAL DISCLOSURE OF NON-C |
Source: Item 23 — RECEIPTS (FDD pages 43–166)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, the net cash used in investing activities in 2023 was $169,006. This figure reflects the total cash outflow related to investments made by Hydrodog during that year.
Specifically, this amount includes $165,484 in advances made on notes receivable and $3,522 spent on the acquisition of property and equipment. These are distinct categories of investment that Hydrodog made in 2023.
For a prospective franchisee, this information provides insight into how Hydrodog manages its finances and invests in its business operations. It is important to consider these figures in the context of Hydrodog's overall financial performance and strategic goals. Understanding these investment activities can help a franchisee assess the financial stability and growth potential of the Hydrodog franchise system.