What was the depreciation amount for Learningrx in 2022?

According to Learningrx's 2025 Franchise Disclosure Document, the depreciation expense for the year ending September 30, 2022, was $898.

Depreciation is an accounting method used to allocate the cost of a tangible asset over its useful life. For Learningrx, this figure represents the portion of the cost of their assets (such as equipment or furniture) that was expensed during the 2022 fiscal year. This is a non-cash expense, meaning it doesn't involve an actual outflow of cash, but it does reduce the company's reported profit.

For a prospective franchisee, understanding depreciation is important for assessing the overall financial health and profitability of Learningrx. While a small depreciation expense might suggest limited investment in assets, a very large depreciation expense could indicate significant capital expenditures or a rapid decline in asset value. In this case, the depreciation amount is relatively small, suggesting a stable asset base for Learningrx.