What was The Standardx's maximum exposure to loss, including maximum exposure under guarantee and indemnification, as of March 31, 2025, and December 31, 2024?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
At March 31, 2025 and December 31, 2024, our maximum exposure to loss was $146 million and $142 million, respectively, which includes the maximum exposure under the guarantee and indemnification (see Note 12).
Source: Item 1 — Financial Statements. (FDD pages 156–187)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the company's maximum exposure to loss, including maximum exposure under guarantee and indemnification, was $146 million as of March 31, 2025, and $142 million as of December 31, 2024.
These figures include the maximum exposure under both guarantee and indemnification obligations. It is important to note that these are 'maximum' exposure figures, representing potential losses under worst-case scenarios, and do not necessarily reflect The Standardx's anticipated or expected losses.
A prospective franchisee should carefully review the notes to The Standardx's financial statements for a complete understanding of the nature and extent of these guarantees and indemnifications. Understanding the specific events or conditions that could trigger these potential losses is crucial for assessing the overall financial risk associated with investing in The Standardx.