Are the consolidated statements of cash flows included in the financial statements for Remax, LLC?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
REMAX, LLC guarantees RE/MAX Integrated Regions, LLC's obligations under the Franchise Agreement. Attached to this disclosure document as Exhibit C are the consolidated balance sheets of REMAX, LLC and subsidiaries as of December 31, 2024 and 2023, and the related consolidated statements of income (loss), comprehensive income (loss), member's equity, and cash flows for each of the years in the three-year period ended December 31, 2024. Also attached to this disclosure document as Exhibit C is RE/MAX, LLC's Guarantee of Performance.
Source: Item 21 — Financial Statements (FDD page 108)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the consolidated financial statements include consolidated statements of cash flows. The financial statements attached as Exhibit C include the consolidated balance sheets as of December 31, 2024 and 2023, and the related consolidated statements of income (loss), comprehensive income (loss), member's equity, and cash flows for each of the years in the three-year period ended December 31, 2024.
These statements offer insights into Remax's financial health and how it manages its money. A franchisee can review these statements to understand the sources and uses of cash within the company over the past three years. This information can be helpful in assessing the financial stability of Remax.
It is important to note that REMAX, LLC guarantees RE/MAX Integrated Regions, LLC's obligations under the Franchise Agreement. This guarantee is also attached as Exhibit C. Reviewing the consolidated statements of cash flow, in conjunction with the other financial statements, can provide a more complete picture of Remax's financial position and its ability to support its franchisees.