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How does Amada Senior Care make money?

Amada Senior Care draws 50.0% of its revenue from royalties. That is below typical among franchisors reporting their own books.

Compared with 12 franchisors reporting their own books

Which franchisors lean on royalties more than Amada Senior Care? →

Where the revenue in Amada Senior Care’s filing came from, year by year

Each column is one year. 2025: $27.15M in total.

RoyaltiesNew-franchise feesBrand fund contributionsTechnology feesCare it delivers itself
2023 — Royalties: 49.2%2023 — New-franchise fees: 4.9%2023 — Brand fund contributions: 9.8%2023 — Technology fees: 2.2%2023 — Care it delivers itself: 30.3%2023 — Other income: 3.6%20232024 — Royalties: 54.2%2024 — New-franchise fees: 6.1%2024 — Brand fund contributions: 11.0%2024 — Technology fees: 2.2%2024 — Care it delivers itself: 24.2%2024 — Other income: 2.1%20242025 — Royalties: 50.0%2025 — New-franchise fees: 7.4%2025 — Brand fund contributions: 9.9%2025 — Technology fees: 2.2%2025 — Care it delivers itself: 28.9%2025 — Other income: 1.6%2025
Source: Audited financial statements, 2026 filingHomecareHQ Intelligence · 2026 FDDs
›View data & method
Amada Senior Care: revenue by line and fiscal year
Line202320242025
Royalties$9.5M$11.5M$13.6M
New-franchise fees$943.6K$1.3M$2M
Brand fund contributions$1.9M$2.3M$2.7M
Technology fees$435.8K$473.5K$609.2K
Care it delivers itself$5.9M$5.1M$7.8M
Total revenue$19.38M$21.15M$27.15M

Read from the one audited statement package the filing presents as current, full years only. A line the statements do not break out is not drawn; what is left over after the named lines is shown as other income rather than dropped, because a mix that does not sum to the whole misstates the whole.

The figures on this page are Amada Senior Care’s own audited statements.

The entity
Amada Franchise, Inc.
What is inside it
the franchisor consolidated with its own subsidiaries
Audited by
Baker Tilly US, LLP
The opinion
Clean — no reservations
Its year ends
December 31
Also inside it
Business other than franchising these agencies

p. 208 ↗

7.4% of what Amada Senior Care earns comes from selling new franchises.

Royalty share of revenue
Hallmark Homecare: 18.3%Home Matters Caregiving: 43.0%Amada Senior Care: 50.0%Visiting Angels: 53.0%Nurse Next Door: 57.6%SYNERGY HomeCare: 60.6%BrightStar Care: 64.4%Seniors Helping Seniors: 66.9%HomeCare Advocacy Network: 70.5%Senior Helpers: 72.4%Assisting Hands Home Care: 72.7%HomeWell Care Services: 75.2%
50.0%
below typical
New-franchise fee share
Griswold: 1.8%BrightStar Care: 2.0%Visiting Angels: 5.5%Senior Helpers: 5.6%Amada Senior Care: 7.4%HomeCare Advocacy Network: 7.8%HomeWell Care Services: 8.3%SYNERGY HomeCare: 8.9%Assisting Hands Home Care: 18.2%Seniors Helping Seniors: 27.3%Nurse Next Door: 36.6%Home Matters Caregiving: 37.7%Hallmark Homecare: 77.7%
7.4%
below typical

Compared with 12 franchisors reporting their own books.

Amada Senior Care’s royalty income grew more slowly than Amada Senior Care’s number of locations.

Royalty income
+18.3%
Franchised locations
+33.2%
The gap
−14.9 points

The two are set side by side and not divided into one another: royalty income is the franchisor’s and the location count is the system’s, and the difference between the two rates is the most a filing supports saying about them together.

What Amada Senior Care keeps

Pre-tax margin
Compared with other systems only before tax, because these entities are taxed in different ways.
-5.5%
Cash from operations
How much of revenue arrived as cash the business actually collected.
2.2%

Systems in this field are taxed in different ways — some pay tax as a company, some pass it to their owners — so the figure after tax is not comparable across them, and is not compared here.

What it owns and what it owes

Everything it owns
$16.49M
Total assets at the year end.
What is left over
$1.31M
What it owns, less everything it owes.
Owed against owned
92.0%
The share of what it owns that is already committed.
Cover for the next twelve months
1.5×
What is due within a year, against what can be turned into cash within a year.

How to read a franchisor's accounts

  • These are the franchisor's books, not the owners'. Item 21 shows what the company that sells the franchise earns. What an owner's business brings in is a different question, on a different page, and the two are never mixed.
  • Sometimes the books belong to a parent. Seven of these twenty-three systems file the audited statements of the group that owns them. Where that is the case we say so, name the entity, and show the figures on their own rather than against franchisors reporting their own accounts.
  • Royalties and new-franchise fees are two different businesses. A franchisor living on royalties earns when its owners do. One living on the fees from selling franchises has to keep selling them.
›The numbers behind this page
Amada Senior Care: audited figures by fiscal year
Figure202320242025
Total revenue$19.38M$21.15M$27.15M
Royalties$9.52M$11.47M$13.57M
New-franchise fees$944K$1.29M$2M
Brand fund contributions$1.9M$2.34M$2.69M
Technology fees$436K$474K$609K
Care it delivers itself$5.87M$5.13M$7.84M
Pre-tax margin2.9%10.9%-5.5%
Net income$387K$2.44M$-1.16M
Cash from operations$4.22M$-1.87M$598K
Total assets$12.59M$11.74M$16.49M
Equity$26K$2.47M$1.31M

What the statements say they cover

Figures are Amada Franchise, Inc.; the franchisor consolidated with its own subsidiaries; consolidating Amada OC, Inc, ASC Holdings, LLC; and include Company-owned corporate senior care locations (acquired from a franchisee) in multiple regions, including Iowa, Idaho, and Tennessee, and provision of health care services.

What this filing does not disclose

  • Operating margin: the filing does not break the figure out.

Every figure on this page comes from the one audited statement package Amada Senior Care’s 2026 filing presents as current. Full years only: stub periods, predecessor presentations and the disaggregation tables that repeat a year are excluded. Margins are compared before tax, because these entities are taxed in different ways. Source ↗

What does an owner actually pay? →

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