What was the net income per common share for Monicals Pizza in the year represented in the table?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| OPERATING REVENUES: | | | | |---|---|---|---| | Restaurant sales | | $ 45,624,409 | $ 45,815,328 | | Franchising revenues | 960,839 | 1,005,855 | | | | Total operating revenues | 46,585,248 | 46,821,183 | | OPERATING EXPENSES (INCOME): | | | | | Cost of restaurant sales | 11,176,742 | 11,953,858 | | | Store labor | 18,051,846 | 17,728,791 | | | Operating | 5,779,342 | 5,702,647 | | | Occupancy | 4,022,912 | 3,828,519 | | | Depreciation | 1,119,873 | 1,165,083 | | | General and administrative | 5,180,660 | 4,935,692 | | | Profit sharing | 173,597 | 163,266 | | | Net gain from insurance proceeds | ( 461,551) | ( 33,290) | | | | Total operating expenses | 45,043,421 | 45,444,566 | | OPERATING INCOME | 1,541,827 | 1,376,617 | | | OTHER INCOME (EXPENSES): | | | | | Interest income | 306,125 | 307,758 | | | Interest expense - finance leases | ( 34,125) | ( 34,864) | | | Other income | 35,531 | 33,464 | | | Loss on sale of fixed assets | | - | ( 2,404) | | | Total other income | 307,531 | 303,954 | | NET INCOME | 1,849,358 | 1,680,571 | | | Basic and diluted income per common share: | | | | | Net income per common share | | $ 4.73 | $ 4.30 | | Weighted average shares outstanding | 391,250 | 391,250 | | (Additional individuals sub
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the net income per common share for the year 2024 was $4.73, while for 2023 it was $4.30. This is based on a weighted average of 391,250 shares outstanding for both years.
For a prospective franchisee, this indicates the profitability of Monicals Pizza on a per-share basis. It reflects the portion of the company's profit allocated to each outstanding share of common stock. The increase from $4.30 in 2023 to $4.73 in 2024 suggests improved financial performance for Monicals Pizza.
It's important to note that this figure represents the consolidated net income per share for Monicals Pizza Corporation and its subsidiaries, not necessarily the income of an individual franchise location. While the net income per common share provides insight into the overall financial health of Monicals Pizza, prospective franchisees should also consider other financial metrics and factors specific to the franchise opportunity, such as initial investment costs, ongoing fees, and potential revenue, to assess their potential profitability.
Furthermore, the FDD includes the consolidated statements of income, which provide a detailed breakdown of Monicals Pizza's revenues, expenses, and income for the years 2024 and 2023. This information can be valuable for prospective franchisees in understanding the financial performance of the company and assessing the potential risks and rewards of investing in a Monicals Pizza franchise.