What is the composition of the Third Quartile in Learningrx's financial performance representation?

According to Learningrx's 2025 Franchise Disclosure Document, the Third Quartile in their financial performance representation is comprised of the 10 centers that generated the third-highest total revenue during the last fiscal year, which ended September 30, 2024. This data is based on the business records and financial statements prepared by Learningrx's affiliate and franchisees, adhering to generally accepted accounting principles. The financial performance representations include historical gross revenue information of centers operating in the United States. As of September 30, 2024, there were 45 franchised outlets operating in the United States.

The financial data is organized into four quartiles, each representing a different segment of financial performance among Learningrx centers. The Third Quartile, specifically, provides insight into the revenue generated by the 10 centers that fall into the mid-lower range of the top-performing centers.

Prospective franchisees can use this information to understand the potential revenue range they might expect to achieve, assuming they perform within the third-highest tier of Learningrx franchises. However, it's important to note that individual results may vary, and there is no guarantee of achieving similar revenue figures. The FDD also notes that written substantiation for the financial performance representation will be made available to the prospective franchisee upon reasonable request.