What was the change in fair value for The Standardx's other assets in 2024, as detailed in Note 21?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
recognized in other income (loss), net on our consolidated statements of income:
| 2024 | 2023 | |
|---|---|---|
| Fair value at January 1 | $ 115 $ | — |
| Fair value as of acquisition dates (Note 7) | 141 | 107 |
| Change in fair value (1) (Note 21) |
Source: Item 10 — OTHER ASSETS (FDD pages 132–156)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the change in fair value of other assets in 2024 was a loss of $39. This information is based on Note 21 within the document. In contrast, the change in fair value in 2023 was a gain of $9.
This fair value change is an important factor for prospective franchisees to consider as it reflects the fluctuations in the value of The Standardx's assets. Monitoring these changes can provide insights into the financial health and stability of the company. A significant decrease in fair value, as seen in 2024, could indicate potential risks or challenges that The Standardx is facing.
It is important for potential franchisees to review the complete financial statements and related notes in the FDD to fully understand the context and implications of these fair value changes. Consulting with a financial advisor can also help in assessing the overall financial condition of The Standardx and the potential risks and rewards of investing in the franchise.