Are the financial statements for Itan Franchising, Inc. presented for consecutive years?

According to Itan's 2025 Franchise Disclosure Document, the audited financial statements for iTan Franchising, Inc. are included for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022. This indicates that the financial statements are presented for three consecutive years.

The inclusion of these financial statements allows prospective franchisees to review Itan's financial performance over the stated period. Analyzing these statements can help potential franchisees understand the company's revenue, expenses, profitability, and overall financial health. This information is crucial for making an informed investment decision.

It is standard practice for franchisors to include audited financial statements for the past three years in their FDDs. This provides transparency and allows potential franchisees to assess the financial stability and performance of the franchise system. The audit reports included with the financial statements also offer an opinion from an independent auditor regarding the fairness of the presentation of Itan's financial position and results of operations.