What financial statements are included for Remax, LLC in Exhibit C?

According to Remax's 2025 Franchise Disclosure Document, Exhibit C includes the consolidated balance sheets of REMAX, LLC and its subsidiaries as of December 31, 2024, and 2023. These balance sheets provide a snapshot of the company's assets, liabilities, and equity at those specific points in time.

In addition to the balance sheets, Exhibit C also contains 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. The statement of income (loss) shows the company's financial performance over those years, detailing revenues, expenses, and profits or losses. The statement of cash flows illustrates the movement of cash both into and out of the company during that period, categorized by operating, investing, and financing activities. The statement of comprehensive income (loss) displays changes in equity from transactions and other events and circumstances from non-owner sources. The member's equity statement reconciles the changes in equity over the stated period.

Finally, Exhibit C includes RE/MAX, LLC's Guarantee of Performance. These audited financial statements offer prospective franchisees insight into Remax's financial stability and performance, which can be a crucial factor in evaluating the overall risk and potential of investing in a Remax franchise.