What is the date of the unaudited balance sheet provided for Stretch Zone in Exhibit M?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached as Exhibit M are our:
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- Unaudited Balance Sheet dated March 31, 2025 and Unaudited Profit and Loss Statement for the 3-month period from January 1, 2025 to March 31, 2025; and
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- Audited financial statements for fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022.
Our fiscal year ends December 31.
Source: Item 21 — ITEM -21 FINANCIAL STATEMENTS (FDD page 84)
What This Means (2025 FDD)
According to Stretch Zone's 2025 Franchise Disclosure Document, Exhibit M includes an unaudited balance sheet dated March 31, 2025. This balance sheet offers a snapshot of the company's assets, liabilities, and equity as of that date.
In addition to the unaudited balance sheet, Exhibit M also contains an unaudited profit and loss statement for the three-month period from January 1, 2025, to March 31, 2025. This statement provides insight into Stretch Zone's financial performance over that period.
Furthermore, the exhibit includes audited financial statements for the fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022. These audited statements offer a more comprehensive and verified view of Stretch Zone's financial history over the past three years, as the company's fiscal year ends on December 31.