Question 1

How many iCode franchise locations are there?

Accepted Answer

iCode currently has 51 total units, including 47 franchised locations and 4 company-owned locations.

Question 2

Is the iCode franchise system growing or shrinking?

Accepted Answer

iCode has experienced positive net growth of +10.9% over the past year, with a 3-year compound annual growth rate (CAGR) of +18.1%.

Question 3

What is the franchise vs. company-owned ratio for iCode?

Accepted Answer

iCode has a franchise ratio of 92%, meaning 92% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many iCode franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), iCode had 7 units opened and 2 units closed.