factual

Does the Learningrx FDD include statements of income, retained earnings, and cash flows?

Learningrx Franchise · 2025 FDD

Answer from 2025 FDD Document

We have audited the accompanying financial statements of LearningRx Franchise Corporation (a Colorado Corporation), which comprise the balance sheets as of September 30, 2024 and 2023, and the related statements of income, retained earnings, and cash flows for the years then ended, and the related notes to the financial statements.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of LearningRx Franchise Corporation as of September 30, 2024 and 2023, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

Source: Item 23 — RECEIPT (FDD pages 54–209)

What This Means (2025 FDD)

According to Learningrx's 2025 Franchise Disclosure Document, the document includes statements of income, retained earnings, and cash flows. Specifically, the independent auditors' report confirms that the financial statements of LearningRx Franchise Corporation, which include these statements, have been audited. This audit provides an opinion on the fair presentation of the company's financial position, results of operations, and cash flows in accordance with accounting principles generally accepted in the United States of America.

The inclusion of these financial statements is a standard practice in franchise disclosure documents, as it provides prospective franchisees with a detailed view of the franchisor's financial performance. The independent audit adds credibility to these statements, as it indicates that an external firm has reviewed and attested to their accuracy. This information can be valuable for potential franchisees in assessing the financial health and stability of Learningrx.

Specifically, the FDD contains the LearningRx Franchise Corporation Statements of Retained Earnings For the Years Ended September 30, 2024 and 2023. It also contains the LearningRx Franchise Corporation Statements of Cash Flows For the Years Ended September 30, 2024 and 2023. These statements offer insights into how Learningrx manages its earnings and cash flow, which are critical indicators of its financial management and overall performance. Prospective franchisees can use this information to make informed decisions about investing in a Learningrx franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.