What years are covered in the consolidated statements of income (loss) included in Exhibit C for Remax, LLC?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 21 — Financial Statements (FDD page 108)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, Exhibit C includes consolidated statements of income (loss) for the three-year period ending December 31, 2024. This means the statements of income (loss) cover the years 2022, 2023, and 2024.
These financial statements provide prospective franchisees with an overview of Remax's financial performance over the recent past. Analyzing these statements can help potential franchisees understand revenue trends, expenses, and overall profitability. Keep in mind that past performance is not necessarily indicative of future results.
It is important for potential franchisees to carefully review these statements and consult with a financial advisor to fully understand the financial health of Remax. Understanding Remax's financial performance can help a franchisee assess the potential risks and rewards of investing in a Remax franchise.