What was the total number of shares for Monicals Pizza as of December 31, 2024?
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 shares as of December 31, 2024, was 391,250. These shares are associated with a total amount of $2,257,777 in paid-in capital, $12,100 in treasury stock, and $12,137,501 in retained earnings, resulting in total equity of $14,407,378.
This information is derived from the consolidated statements of owners' equity, which provides a detailed breakdown of the changes in the company's equity accounts over the fiscal year. The table outlines the balances at the beginning of 2023, tracks net income and distributions to owners throughout 2023 and 2024, and arrives at the final balances as of December 31, 2024.
For a prospective Monicals Pizza franchisee, understanding the equity structure and share distribution can provide insights into the financial stability and ownership of the company. While the franchisee will not directly own these shares, the overall financial health of the company, as reflected in these figures, can impact the franchisor's ability to support its franchisees and invest in the brand. It is important to note that distributions to owners can fluctuate year to year, impacting retained earnings.