What was The Standardx's net other income (loss) for the year ended December 31, 2022?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
olidation.
The following table provides a reconciliation of segment Adjusted EBITDA to income before income taxes:
| Year Ended December 31, | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2022 | |||||||
| Segment Adjusted EBITDA | $ | 1,255 | $ | 1,231 $ | 1,105 | ||||
| Unallocated overhead expenses | (160) | (177) | (170) | ||||||
| Eliminations | 1 | 1 | 1 | ||||||
| Contra revenue | (69) | (47) | (31) | ||||||
| Revenues for reimbursed costs | 3,352 | 3,058 | 2,620 | ||||||
| Stock-based compensation expense (Note 17) (1) | (62) | (75) | (60) | ||||||
| Transaction and integration costs | (42) | (42) | (35) | ||||||
| Depreciation and amortization | (333) | (397) | (426) | ||||||
| Reimbursed costs | (3,457) | (3,144) | (2,632) | ||||||
| Equity earnings (losses) from unconsolidated hospitality ventures | 31 | (1) | 5 | ||||||
| Interest expense | (180) | (145) | (150) | ||||||
| Gains (losses) on sales of real estate and other | 1,245 | 18 | 263 | ||||||
| Asset impairments | (213) | (30) | (38) | ||||||
| Other income (loss), net | 257 | 124 | (34) | ||||||
| Pro rata share of unconsolidated owned and leased hospitality | (62) | (64) | (55) | ||||||
Source: Item 10 — OTHER ASSETS (FDD pages 132–156)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the company's net other income (loss) for the year ended December 31, 2022, was a loss of $34.
This figure represents the aggregation of various income and expense items not directly related to The Standardx's primary business operations. These items include interest income, unrealized gains or losses, amortization income, fair value adjustments, depreciation recovery, foreign currency exchange gains or losses, credit loss reversals, impairment of equity security, restructuring costs, guarantee expenses, and other miscellaneous income or expenses.
For a prospective franchisee, understanding the components of "other income (loss), net" can provide insights into the financial factors that influence The Standardx's overall profitability beyond its core business activities. While a single year's loss may not be indicative of a long-term trend, it is important to consider how these items might fluctuate and potentially impact the franchisor's financial stability. Reviewing several years of financial statements would give a better picture of the typical range and volatility of these items.
It is also worth noting that the individual components contributing to this net figure can offer further details. For example, significant restructuring costs or losses from foreign currency exchange could signal underlying business challenges or market risks that could indirectly affect franchisees. Therefore, a comprehensive understanding of these figures is essential for assessing the overall financial health and stability of The Standardx.