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#154. April 2024 Financials

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Manage episode 418455836 series 2596498
Inhalt bereitgestellt von Motor Carrier HQ. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Motor Carrier HQ oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

We keep moving in the right direction, April 2024 Financials were better than March. If you remember I mentioned I would be happy if we can keep doubling our net income for 4-5 months. April is the third month in a row we have been able to do that. We start off the episode talking about the importance of being agile. If you aren't agile in this kind of a market, you are going to be hurting.

What To Expect From Episode 154

Even though we keep moving in the right direction, there is still a decent way to go. Here are the numbers:

  • Total miles ran– 113,066 (Lowest in a while, had a truck sitting for a while. Larry had to step a way from over the road for a while. He is a great driver, we’ll miss him)
  • Deadhead miles– 7,551 (6.7%, slight increase)
  • Total revenue- $241,614.25 (Decrease, for the number of miles, it’s an improvement)
  • All-in rate-per-mile- $2.14 (Moving in the right direction)

Haulin Assets realized another baby profit of $10,565.31. That is also 7 months in a row in the black.

Here are some of the P&L items we discuss during this episode:

  • Revenue was down
    • Rate per mile was up.
  • Most expenses were pretty normal, but here are the exceptions:
    • Bad debt
    • Maintenance and repairs
    • I did another CPM analysis and we went from $1.97 in October 2023 to $1.87 now
  continue reading

160 Episoden

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iconTeilen
 
Manage episode 418455836 series 2596498
Inhalt bereitgestellt von Motor Carrier HQ. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Motor Carrier HQ oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

We keep moving in the right direction, April 2024 Financials were better than March. If you remember I mentioned I would be happy if we can keep doubling our net income for 4-5 months. April is the third month in a row we have been able to do that. We start off the episode talking about the importance of being agile. If you aren't agile in this kind of a market, you are going to be hurting.

What To Expect From Episode 154

Even though we keep moving in the right direction, there is still a decent way to go. Here are the numbers:

  • Total miles ran– 113,066 (Lowest in a while, had a truck sitting for a while. Larry had to step a way from over the road for a while. He is a great driver, we’ll miss him)
  • Deadhead miles– 7,551 (6.7%, slight increase)
  • Total revenue- $241,614.25 (Decrease, for the number of miles, it’s an improvement)
  • All-in rate-per-mile- $2.14 (Moving in the right direction)

Haulin Assets realized another baby profit of $10,565.31. That is also 7 months in a row in the black.

Here are some of the P&L items we discuss during this episode:

  • Revenue was down
    • Rate per mile was up.
  • Most expenses were pretty normal, but here are the exceptions:
    • Bad debt
    • Maintenance and repairs
    • I did another CPM analysis and we went from $1.97 in October 2023 to $1.87 now
  continue reading

160 Episoden

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