May Revenue
$71,875
↑ vs $2,781 in April
Net Income
$50,639
↑ vs -$26,861 in April
Cash in Bank
$64,103
↑ from $5,745
Profit Quality
1.17
Healthy
“May was the month the business turned a corner — revenue broke out to $71,875 and cash 10x’d, but A/R collection will determine whether June continues the momentum.”
Three Power Insights
Revenue Season Has Arrived
May hit $71,875 — more than February through April combined. Cash jumped from $5,745 to $64,103 in a single month.
► Keep the June sales pipeline full — this window funds the rest of the year.
$183K Is Still Waiting in A/R
Receivables dropped from $235K to $183K — progress. But at 76 days outstanding, the top invoices need a direct follow-up call.
► Review the top 3 open balances with your bookkeeper this week.
The Office Manager Clock Started
May cleared both thresholds: revenue above $65K and cash above $25K. That’s month one of three.
► Start reviewing candidates now — ready to move in August if June and July hold.
Profit & Loss Summary
|
Feb |
Mar |
Apr |
May |
4-Mo Avg |
| Revenue |
$3,020 |
$29,840 |
$2,781 |
$71,875 |
$26,879 |
| Cost of Goods Sold |
$197 |
$839 |
$8,322 |
$1,657 |
$2,754 |
| Gross Profit |
$2,823 |
$29,001 |
-$5,542 |
$70,218 |
$24,125 |
| Gross Margin |
93.5% |
97.2% |
n/m |
97.7% |
— |
| Operating Expenses |
$19,470 |
$19,701 |
$21,619 |
$19,579 |
$20,092 |
| Net Income |
-$16,647 |
$9,300 |
-$26,861 |
$50,639 |
$4,108 |
Apr gross margin n/m — $6,119 equipment parts booked to COGS in a low-revenue month.
Cash Flow Waterfall — May 2026
What This Means
$50,639 Profit
May’s roofing revenue was the engine. The business earned this with the same ~$19.5K cost base as every other month.
+$100,586 Unearned Rev
Unearned revenue captured by new WIP accounting. This cash moved the needle more than profit alone.
-$77,146 A/R
Work billed but not yet collected. This is the next cash opportunity — follow up on open invoices.
-$14,033 LOC
$14,033 paid toward the M&T line of credit. Debt reduced while cash grew.
Net +$58,358
Cash grew from $5,745 to $64,103. Best single-month cash gain of the year.
Key Accounts Snapshot
Cash in Bank
$64,103
↑ from $5,745 last month
Accounts Receivable
$183,402
DSO 76.5 days — watch
Accounts Payable
$22,065
Current vendor obligations
Credit Card
$22,972
Discover — ↑ $4,830 in May
Long-Term Debt
$35,000
Galen Miller Loan — half-yearly
Profit Quality Score
1.17
Healthy (0.8–1.2 range)
Financial Health Ratios
Quick Ratio
0.97
● Watch
Nearly 1:1 on immediate liquidity. Unearned Revenue inflates the denominator — underlying position is stronger.
A/R Days (DSO)
76.5 days
● Concern
Invoices averaging 2.5 months to collect. Target is under 45 days.
Gross Margin
97.7%
● Healthy
Nearly all May revenue flowed to gross profit. Material and sub costs were minimal.
Profit Quality
1.17
● Healthy
Cash generated exceeded net income. Solid earnings conversion for the month.
Before Next Month
The Event
$183,402 in open receivables is the largest cash opportunity sitting outside the bank account right now.
Estimated Impact
Collecting the top open balances could add $60,000–$100,000+ to cash in June.
One Action Item
Review your top open invoices with Titus by June 20. Send a follow-up to anyone 30+ days past due. Also confirm the Galen Miller half-yearly loan payment date — if due in June or July, factor it into your cash plan.
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This report was prepared by Prosynergy Bookkeeping based on data exported from QuickBooks Online as of May 31, 2026.
All figures are on an accrual basis. This report is for informational purposes only and does not constitute financial, tax, or legal advice.
Inventory balances and WIP accounting entries are in progress and subject to adjustment.