What period does the unaudited profit and loss statement cover for Stretch Zone?
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, the unaudited profit and loss statement covers the 3-month period from January 1, 2025, to March 31, 2025. This statement, along with an unaudited balance sheet dated March 31, 2025, is included as an exhibit in the FDD.
In addition to the unaudited financials, the FDD also includes audited financial statements for the fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022. Stretch Zone's fiscal year ends on December 31.
Prospective franchisees should carefully review both the unaudited and audited financial statements to understand Stretch Zone's financial performance and stability. The profit and loss statement offers a snapshot of the company's recent financial activity, while the audited statements provide a longer-term view of its financial health.