What were The Standardx's total segment revenues for the year ended December 31, 2024?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
$ | — | $ 86 | | | |
The following tables provide a reconciliation of segment revenues to segment Adjusted EBITDA:
| Year Ended December 31, 2024 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Management and franchising | Owned and leased | Distribution | Segment Total | |||||||
| Segment revenues | $ | 1,191 |
Source: Item 10 — OTHER ASSETS (FDD pages 132–156)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the total segment revenues for the year ended December 31, 2024, were $3,437. These revenues are broken down into three segments: Management and franchising, Owned and leased, and Distribution. The Management and franchising segment generated $1,191 in revenue, the Owned and leased segment generated $1,197, and the Distribution segment generated $1,049. These individual segment revenues add up to the total segment revenue of $3,437.
It's important to note that these segment revenues do not represent the total revenues for The Standardx as a whole. The document also includes figures for contra revenue, revenues for reimbursed costs, and intersegment revenues, which are accounted for separately. Understanding the different revenue streams and how they are categorized is crucial for a prospective franchisee to assess the overall financial health and performance of The Standardx.
Prospective franchisees should pay close attention to the performance of each segment, as it can provide insights into the strengths and weaknesses of different aspects of The Standardx's business model. For example, a strong performance in the Management and franchising segment may indicate a successful franchise system, while a weaker performance in the Distribution segment may suggest challenges in supply chain management or logistics. By carefully analyzing these figures, potential franchisees can make a more informed decision about whether to invest in a The Standardx franchise.