What is the fiscal year end date used for Learningrx's financial performance representations?

According to Learningrx's 2025 Franchise Disclosure Document, the financial performance representations are based on the fiscal year ending September 30, 2024. The Item 19 disclosures include historical gross revenue information from centers operating in the United States, generated from franchisee records for that fiscal year.

This means that the financial data presented, such as average sales, median sales, and other performance metrics, reflects the performance of Learningrx centers during the period from October 1, 2023, to September 30, 2024. Prospective franchisees should understand that this data is backward-looking and may not be indicative of future performance due to various factors like changing market conditions, local competition, or individual franchisee management skills.

The FDD specifies that as of September 30, 2024, Learningrx had 45 franchised outlets operating in the United States, with two outlets having closed during that fiscal year. The financial performance data is organized into quartiles based on total revenues, providing a range of performance levels among the franchised centers. This allows potential franchisees to see the spectrum of possible outcomes based on past performance, though Learningrx explicitly states that individual results may vary and there is no guarantee of earning as much as the amounts represented.

It is important for prospective franchisees to carefully review the entire Item 19 and understand the basis for the financial performance representations. They should also consider factors specific to their potential location and market, and conduct their own independent research and due diligence before making any investment decisions. Learningrx also provides contact information for reporting any unauthorized financial performance information received outside of the FDD.