As of what date is the unaudited balance sheet for Nothing Bundt Cakes?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 23: RECEIPTS]
Unaudited Statement of Operations
December 30, 2024 through March 30, 2025 Revenues Royalty, franchise fee, and other revenue $ 14,122,929 Total revenues 14,122,929 Costs and expenses General and administrative expenses 2,387,833 Depreciation and amortization 3,689,863 Operating income 8,045,233 Other expense Other (income) expense, net 89 Total other expense, net 89 Income (loss) before income taxes 8,045,144 Income tax expense 19,829 Net income (loss) $ 8,025,315
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 93)
What This Means (2025 FDD)
According to the 2025 FDD, the provided unaudited statement of operations for Nothing Bundt Cakes covers the period from December 30, 2024, through March 30, 2025. This statement includes revenues, costs, and expenses during this specific timeframe.
Specifically, the statement details the revenues, which totaled $14,122,929 from royalties, franchise fees, and other sources. It also outlines the costs and expenses, including general and administrative expenses amounting to $2,387,833 and depreciation and amortization expenses of $3,689,863. The operating income is reported as $8,045,233.
Furthermore, the statement accounts for other expenses, with a net amount of $89. After factoring in income tax expenses of $19,829, the net income (loss) is calculated to be $8,025,315. This financial overview provides insight into the brand's financial performance over the specified period.