What was the consolidated net income for Monicals Pizza as of December 31, 2023?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Performance Measures: December 31, 2023 | December 31, 2022 | |||
|---|---|---|---|---|
| Operating Revenues | $46,821,183 | $46,155,468 | ||
| Change in Operating Revenues over Prior Year | 1.4% | -0.6% | ||
| Consolidated Net Income | $1,680,571 | $894,285 | ||
| Basic and Diluted Earnings per Share | $4.30 | $2.29 |
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the consolidated net income for the company as of December 31, 2023, was $1,680,571. This figure represents the net profit earned by Monicals Pizza and its subsidiaries after all revenues and expenses have been accounted for during that fiscal year. This is a key indicator of the company's overall financial performance and profitability.
In addition to the consolidated net income, the FDD also provides other relevant financial metrics for the same period. Monicals Pizza's operating revenues for 2023 totaled $46,821,183. The basic and diluted earnings per share were $4.30. These figures, when viewed alongside the net income, offer a more comprehensive understanding of the company's financial health and operational efficiency.
Prospective franchisees should consider these figures in the context of their own investment goals and risk tolerance. While a net income of $1,680,571 indicates a profitable operation, it's important to analyze trends over multiple years and compare these results against industry benchmarks. Reviewing the complete financial statements and consulting with a financial advisor can provide a more informed perspective on the financial viability of investing in a Monicals Pizza franchise.