We're going to switch to do quarterly financial reports to y'all, just to make it a little less work on us. So without further ado, here's our profit & loss for Quarter 4, 2024. This is October - December 2024.
We're excited that we've started using Wave to manage all of this instead of a spreadsheet. Turns out that talking to a professional bookkeeper is a Good Thing!
October was a fairly expensive month for us because it included a lot of travel. One of our co-owners attended the CDF fellowship program, and we also traveled to meet in DC for a weekend. We also tried a little newsletter promotion in a local DC newsletter, though it feels fairly inconclusive if that returned any clicks.
What's most exciting is that we had almost $500 a month come in through monthly donations. Our sales numbers are of course still pretty small, but that's to be expected. It's also a little tricky to differentiate between the two on our bank statement, so we might be allocating them wrong.
In the end our total operating expenses were $3,085.39, our gross profit was $1,321.89. We still have some pretty hefty big ticket items coming through in our books in January (a CPA and the purchase of our hats), but the remainder of the Kickstarter will cover that.
After that, we'll be dependent entirely on our monthly support, so pitch in!
This is a companion discussion topic for the original entry at https://mirlo.space/team/post/191