What years are covered in the consolidated statements of profit and loss for Petro Stopping Center?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit D includes BPCNA's audited consolidated balance sheets as of December 31, 2024 and December 31, 2023, and related consolidated statements of profit and loss, comprehensive income, changes in stockholders' equity and cash flows for the years ended December 31, 2024, 2023, and 2022 and the related notes to the consolidated financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 87)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, Exhibit D includes BPCNA's audited consolidated balance sheets as of December 31, 2024, and December 31, 2023. The exhibit also contains related consolidated statements of profit and loss, comprehensive income, changes in stockholders' equity, and cash flows. These financial statements cover the years ended December 31, 2024, 2023, and 2022, along with related notes.
This means that prospective Petro Stopping Center franchisees can review three years of the company's financial performance to understand trends in profitability, revenue, and expenses. Analyzing these statements can provide insights into the financial stability and performance of Petro Stopping Center.
It is important to carefully examine these statements and notes, possibly with the assistance of a financial advisor, to fully understand the financial health of BPCNA, the parent company, and its implications for Petro Stopping Center franchisees. Understanding the franchisor's financial performance is a crucial part of assessing the overall risk and opportunity of investing in a Petro Stopping Center franchise.