What years are covered in the consolidated statements of income (loss) 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, the consolidated statements of income (loss) include data for each of the years in the three-year period ending December 31, 2024. This means the statements cover the years 2022, 2023, and 2024.
Prospective franchisees should review these statements carefully to understand Remax's financial performance over the recent past. Analyzing trends in income and loss can provide insights into the stability and potential profitability of the company.
It is important to note that these are consolidated statements for Remax, LLC and its subsidiaries, not individual franchise locations. While they offer a view of the overall company health, they do not reflect the specific financial performance of any single franchise. A prospective franchisee should compare these statements with other data, such as the Item 19 financial performance representations, and speak with existing franchisees to get a more complete picture of potential earnings.