What was the approximate amount of contracted revenue that The Standardx expected to recognize in future periods as of December 31, 2024?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
yet been recognized, which includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods. Contracted revenue expected to be recognized in future periods was approximately $125 million at December 31, 2024, approximately 10% of which we expect to recognize over the next 12 months, with the remainder to be recognized thereafter.
4. DEBT AND EQUITY SECURITIES
We invest in debt and equity securities that we believe are
Source: Item 23 — Receipts (FDD pages 85–132)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, as of December 31, 2024, the company anticipated recognizing approximately $125 million in contracted revenue in future periods. This revenue is classified as allocated to remaining performance obligations, which includes deferred revenue and amounts that will be invoiced and recognized as revenue in the future.
Of this $125 million, The Standardx expected to recognize approximately 10% within the subsequent 12 months. The remaining portion of the $125 million is expected to be recognized after that initial 12-month period.
For a prospective franchisee, this indicates the amount of revenue The Standardx has already contracted for but has not yet recognized. Understanding the timing of revenue recognition can be crucial for assessing the financial stability and future income potential of The Standardx.