Board

Report

Q1 2023

Helping You Grow In Finance & Accounting yourcfoguy.com

Dashboard
January 2022 – December 2022

Revenue COGS

$764,664 $66,526
6 7% increas e ▲ $ 512,258 6 4 % increas e ▲ $ 42,566

C o m pa re d to J a n-21 -De c -21 C o m pa re d to J a n-21 -De c -21

Gross Profit Expenses

$698,138 $1,641,847
6 7% increas e ▲ $ 469,692 50 % increas e ▲ $ 823,375

C o m pa re d to J a n-21 -De c -21 C o m pa re d to J a n-21 -De c -21

Net Income Cash Burn

-$1,141,194 -$977,896
4 2 % increas e ▲ -$ 474,194 3 5% increas e ▲ -$ 340,471

C o m pa re d to J a n-21 -De c -21 C o m pa re d to J a n-21 -De c -21

Helping You Grow In Finance & Accounting yourcfoguy.com

 YOUR CFO GUY

Budge t Actual ▲ %

Re ve nue $ 6 4 ,10 4 $ 6 4 ,0 8 7 ( $ 17) -0% Re v e n u e

- $ 17
$ 3 4 ,111 $ 19 ,5 6 1 $ 14 ,5 5 0 % Mis s
COGS 43%

Gros s Profit $ 29 ,9 9 3 $ 4 4 ,5 26 $ 14 ,5 3 3 48%

Gros s Margin 4 7% 6 9% 23% 48%

Gro s s Pro fit

Ge ne ral & Admins trative $ 11,10 3 $ 8 ,0 6 2 $ 3 ,0 4 1 27% $ 14 ,5 33

4 8 % Sa vin g s

Cus tome r S ucce s s $ 13 ,5 6 5 $ 8 ,8 8 8 $ 4 ,6 77 34%

S ale s & Marke ting $ 9 ,5 20 $ 2,0 21 $ 7,4 9 9 79%

Re s e arch & De ve lopme nt $ 9 ,6 4 6 $ 9 ,14 2 $ 504 5%

Ne t In c o m e

$ 4 3 ,8 3 4 $ 28 ,113 $ 15 ,721
$ 30 ,0 16
Total Ope x 36%
26 5 % Mis s

Othe r Income / Expe ns e s $ 2,5 12 $ 2,274 ( $ 23 8 ) -9%

Ne t Income ( $ 11,3 29 ) $ 18 ,6 8 7 $ 3 0 ,0 16 -265%

Ca s h

$ 5 ,0 0 9 $ 1,10 5 ( $ 3 ,9 0 4 )
- $ 18 ,19 5
Cas h Burn -78%
18 % Mis s

Ending Cas h $ 9 8 ,74 0 $ 8 0 ,5 4 5 ( $ 18 ,19 5 ) -18%

Helping You Grow In Finance & Accounting yourcfoguy.com

 Actual Actual Actual Actual
Q1 2023 Jan-23 Feb-23 Mar-23

Re ve nue $ 254,764 $ 81,782 $ 82,914 $ 90,068

COGS $ 22,164 $ 7,115 $ 7,214 $ 7,836

Gro s s Pro fit $ 232,599 $ 74,667 $ 75,700 $ 82,232

Gros s Ma rgin 91% 91% 91% 91%

Op e rating Exp e ns e s $ 549,814 $ 176,407 $ 181,936 $ 191,471

Adve rt is ing & Marke t ing 118,121 38,739 39,380 40,002
Ot he r G&A 45,446 14,912 15,152 15,382
S oft ware & Te c h 70,256 23,053 23,424 23,779
P rofe s s ional Fe e s 69,314 21,304 21,853 26,158
He adc ount 234,413 74,377 78,037 81,999
Trave l, Me als & Ent e rt ainme nt 12,263 4,022 4,089 4,152

Ne t Op e rating Inc o me $ (317,215) $ (101,740) $ (106,235) $ (109,239)

Oth e r Inc o me / Exp e ns e s $ (58,629) $ (19,190) $ (19,587) $ (19,852)

Ot he r Inc ome - - - -
Ot he r Expe ns e 58,629 19,190 19,587 19,852

Ne t Inc o me $ (375,844) $ (120,931) $ (125,822) $ (129,091)

Helping You Grow In Finance & Accounting yourcfoguy.com

Helping You Grow In Finance & Accounting yourcfoguy.com
 Actual Actual Actual Actual
Q1 2023 Jan-23 Feb-23 Mar-23

Be g inning Cas h $ 3,384,680 $ 3,384,680 $ 3,280,906 $ 3,166,783

Cas h Flo w s $ (332,862) $ (103,774) $ (114,123) $ (114,965)

Cas h From Ope rat ing Ac t ivit ie s (586,201) (100,483) (109,605) (376,114)
Cas h From Inve s t ing Ac t ivit ie s (10,240) (3,291) (4,518) (2,431)
Cas h From Financ ing Ac t ivit ie s 263,580 - - 263,580

End ing Cas h $ 3,051,818 $ 3,280,906 $ 3,166,783 $ 3,051,818

Cas h Burn $ (596,442) $ (103,774) $ (114,123) $ (378,545)

Helping You Grow In Finance & Accounting yourcfoguy.com