What was the total number of common stock shares for Monicals Pizza as of December 31, 2023?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Capital - | Retained | Total | |||
|---|---|---|---|---|---|
| Treasury Stock | Earnings | ||||
| Balances at January 1, 2023 | 391,250 | $ 2,257,777 | $ 12,100 | $ 12,668,292 | $ 14,938,169 |
| Net income | - | - | - | 1,680,571 | 1,680,571 |
| Distributions to owners | - | - | - | (1,867,625) | (1,867,625) |
| Balances at December 31, 2023 | 391,250 | 2,257,777 | 12,100 | 12,481,238 | 14,751,115 |
| Net income | - | - | - | 1,849,358 | 1,849,358 |
| Distributions to owners | - | - | - | (2,193,095) | (2,193,095) |
| Balances at December 31, 2024 | 391,250 | $ 2,257,777 | $ 12,100 | $ 12,137,501 | $ 14,407,378 |
**CONSOLIDATED STATEMENTS OF CAS
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the total number of common stock shares as of December 31, 2023, was 391,250. The value of these shares was listed as $2,257,777. The company also had $12,100 in treasury stock and retained earnings of $12,481,238, bringing the total to $14,751,115.
For a prospective franchisee, this information provides a snapshot of the equity structure of Monicals Pizza. It shows the number of shares outstanding and their associated value, which can be an indicator of the company's financial health and stability. Understanding the equity structure can also be useful when evaluating the overall financial position of the company.
It's important to note that this figure represents the total number of shares issued by Monicals Pizza. The value and retained earnings are accounting figures that reflect the cumulative profits retained within the business over time. Reviewing these figures over several years, as presented in the table, can provide insights into the company's financial performance and how it manages its equity.
Franchisees should consider this information in conjunction with other financial data provided in the FDD, such as revenue, expenses, and net income, to gain a comprehensive understanding of Monicals Pizza's financial condition. Consulting with a financial advisor is recommended to fully assess the implications of these figures.