Profit & Loss
January 2026
Cash in the bank · January
$605,354.46
($469,682.96) vs Jan 1
Net sales
$1,131,776.70
after sales tax
Gross profit
$407,316.31
36.0% gross margin
Operating income
$18,587.97
1.6% operating margin
Net profit
$22,187.56
2.0% margin
Performance
Sales, product cost and net profit
January 2026
Operating expense breakdown
Revenue and profit
Month by month through January
Key observations
- Net sales of $1,131,776.70.
- Gross profit of $407,316.31, a 36.0% gross margin.
- Net profit of $22,187.56, a 2.0% real margin after every expense.
- Operating costs of $388,728.34, with payroll & employee at $233,998.48 carrying most of it.
- Sales tie to Sweed. $1,488,330.00 rang up, $356,553.30 of that is sales tax collected, leaving $1,131,776.70 of net sales.
- Year to date the business stands at $22,187.56 net on $1,131,776.70 of net sales.
Statement
| Category | JAN | Change | |
| Gross sales | — | $1,488,330.00 | — |
| Sales tax collected | — | ($356,553.30) | — |
| Net sales | — | $1,131,776.70 | — |
| Product cost | — | ($724,460.39) | — |
| Gross profit | — | $407,316.31 | — |
| Advertising | — | $47,775.48 | — |
| Payroll & Employee | — | $233,998.48 | — |
| Facility | — | $72,345.60 | — |
| Fleet | — | $74.97 | — |
| Administrative | — | $34,533.81 | — |
| Total operating exp. | — | $388,728.34 | — |
| Operating income | — | $18,587.97 | — |
| Other income, net | — | $3,599.59 | — |
| Net profit | — | $22,187.56 | — |
Year to Date
January through January 2026
Cash in the bank
$605,354.46
($469,682.96) since 1-1-2026
Net sales
$1,131,776.70
after sales tax
Gross profit
$407,316.31
36.0% gross margin
Operating expenses
$388,728.34
January through January
Net profit
$22,187.56
2.0% margin
Revenue and profit
Month by month through January
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | $1,131,776.70 | 36.0% | $22,187.56 | 2.0% |
| Year to date | $1,131,776.70 | 36.0% | $22,187.56 | 2.0% |
Full Profit & Loss
January and year to date
| Account | January | Year to date |
| Income | ||
| 40000 Income | ||
| 40001 Sales - Aeropay Sales | $102,123.20 | $102,123.20 |
| 40003 Sales - Cash Sales | $804,297.90 | $804,297.90 |
| 40005 Sales - DNS Debit Settlements | $488,364.50 | $488,364.50 |
| 40009 Cumulative - Sweed Timing Adjustment | $93,544.40 | $93,544.40 |
| Total 40000 Income | $1,488,330.00 | $1,488,330.00 |
| 41000 Less - Sales Tax Collected | ($356,553.30) | ($356,553.30) |
| Total Income | $1,131,776.70 | $1,131,776.70 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Product (per Sweed) | $611,828.59 | $611,828.59 |
| Total 50000 Cost of Goods Sold (Sales) | $611,828.59 | $611,828.59 |
| 51000 Other COGS | ||
| 51100 Packaging & Bags - COGS | $5,514.45 | $5,514.45 |
| 51200 Inventory Adjustment - Sweed True-Up | $107,117.35 | $107,117.35 |
| Total 51000 Other COGS | $112,631.80 | $112,631.80 |
| Total Cost of Goods Sold | $724,460.39 | $724,460.39 |
| Gross Profit | $407,316.31 | $407,316.31 |
| Expenses | ||
| 60000 Advertising | ||
| 60025 Advertising - Internet--Domains, Ads/SEO, Social Media | $221.55 | $221.55 |
| 60050 Advertising - Messaging | $1,605.56 | $1,605.56 |
| 60100 Advertising - YouTube | $82.99 | $82.99 |
| 60300 Advertising - Promotional Products--Graphic Design | $750.00 | $750.00 |
| 60400 Advertising - Billboard | $34,535.00 | $34,535.00 |
| 60450 Advertising - Print--Media-Videography-Photography | $1,009.46 | $1,009.46 |
| 60500 Advertising - Telemarketing | ||
| 60600 Advertising - Marketing Team Meals | $9,570.92 | $9,570.92 |
| Total 60000 Advertising | $47,775.48 | $47,775.48 |
| 65000 Employee Related-Payroll | ||
| 65010 General Salaries & Wages | $176,836.78 | $176,836.78 |
| 65020 OT | $7,011.89 | $7,011.89 |
| 65100 Vacation/Holiday/Sick--Severance/Emergency Leave | $4,862.37 | $4,862.37 |
| 65150 Training & Meeting Wages | $250.00 | $250.00 |
| 65200 Payroll Tax - FICA/FUTA & SUTA | $26,948.19 | $26,948.19 |
| 65400 Workers' Comp Insurance | $1,746.66 | $1,746.66 |
| 65450 Payroll Administrative Related Fees | $631.84 | $631.84 |
| 65500 Group Health Insurance | $5,198.08 | $5,198.08 |
| 65600 Uniforms/Logo Shirts | $849.22 | $849.22 |
| 65750 Hiring/Talent Recruitment Expenses | $99.99 | $99.99 |
| 65825 Employee Reimbursements | $9,563.46 | $9,563.46 |
| Total 65000 Employee Related-Payroll | $233,998.48 | $233,998.48 |
| 70000 Facility | ||
| 70025 Building Maintenance & Repairs | $2,950.00 | $2,950.00 |
| 70050 Shop Supplies | $531.70 | $531.70 |
| 70150 Rent | $35,815.00 | $35,815.00 |
| 70250 Utilities--Water, Gas, Electric | $1,887.58 | $1,887.58 |
| 70300 General Liability Insurance | ||
| 70400 Janitorial | ||
| 70450 Security | $31,161.32 | $31,161.32 |
| Total 70000 Facility | $72,345.60 | $72,345.60 |
| 75000 Fleet | ||
| 75200 Fuel | ||
| 75300 Vehicle Insurance | $74.97 | $74.97 |
| 75400 Vehicle Parking/Tolls/Garages | ||
| 75450 Vehicle Charging Subscription | ||
| Total 75000 Fleet | $74.97 | $74.97 |
| 80000 Administrative | ||
| 80030 Permits & Licenses-Business Registration | $2,252.98 | $2,252.98 |
| 80050 Accounting & Auditing | ||
| 80100 Legal | $10,000.00 | $10,000.00 |
| 80110 Consultant/Contractor Expenses | $5,987.69 | $5,987.69 |
| 80120 Technology Expenses | $451.75 | $451.75 |
| 80300 Dues & Subscriptions | $966.99 | $966.99 |
| 80400 Software Licensing | $7,447.61 | $7,447.61 |
| 80450 IT Services | ||
| 80600 Office Supplies/Forms/Contracts | $2,432.32 | $2,432.32 |
| 80650 Communication & Cell Phone/Data/Internet | $410.69 | $410.69 |
| 80750 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $4,583.78 | $4,583.78 |
| 80800 Travel | ||
| 80850 Meals & Entertainment | ||
| 80900 Charitable Contributions-Gifts | ||
| 81020 Transportation Services | ||
| Total 80000 Administrative | $34,533.81 | $34,533.81 |
| Total Expenses | $388,728.34 | $388,728.34 |
| Net Operating Income | $18,587.97 | $18,587.97 |
| Other Income | ||
| 91000 Other Income | ||
| 91050 Interest Income | $93.34 | $93.34 |
| 91500 Sales - ATM Sales | $3,506.25 | $3,506.25 |
| 91550 Advertising – Rebates/Revenue Share | ||
| Total 91000 Other Income | $3,599.59 | $3,599.59 |
| Total Other Income | $3,599.59 | $3,599.59 |
| Other Expenses | ||
| 92000 Other Expenses | ||
| 97050 State Income Taxes - Current | ||
| Net Other Income | $3,599.59 | $3,599.59 |
| Net Income | $22,187.56 | $22,187.56 |
Balance Sheet
As of January 30, 2026
Total assets
$3,637,362.70
Balanced to the penny
Cash
$605,354.46
operating account
Inventory
$949,494.95
on the shelf
Vendor bills
$899,634.02
accounts payable
Equity
$1,515,464.58
owners' stake
Assets
| 10001 | VELTISTE LLC-7180 | $605,354.46 |
| 10002 | Escrow Account Mandated by State | — |
| 13250 | Inventory | $949,494.95 |
| 15500 | Cumulative - Sweed Sales in Transit | $93,544.40 |
| 17070 | Furniture & Other Equipment | ($15,129.00) |
| 17090 | Buildings/Improvements | $1,879,097.89 |
| 19003 | Loan to BPMD | $125,000.00 |
| Total assets | $3,637,362.70 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $899,634.02 |
| 20500 | Credit Cards | — |
| 20501 | Liam LLC CC | $4,025.79 |
| 20502 | EASY Chase Credit Card | — |
| 20503 | Frontier Credit Card | — |
| 22500 | Sales Taxes Payable | $82,901.56 |
| 22701 | 401k Payable (Guideline) | $3,348.04 |
| 22702 | Employee Benefits - Medical/Dental/Vision | $1,721.02 |
| 23101 | SUP Development - Start Up Loan | $1,130,267.69 |
| 23102 | Kuntal Shah Loan Payable | — |
| Total liabilities | $2,121,898.12 | |
| 32102 | Shareholder 1 - Contributions | $11,396.96 |
| 32600 | Retained Earnings | $1,481,880.06 |
| Net income, year to date | $22,187.56 | |
| Total equity | $1,515,464.58 | |
| Total liabilities and equity | $3,637,362.70 |
Cash Flow
January 2026
Change in cash
($469,682.96)
January 1 to January
Opening cash
$1,075,037.42
January 1
Net profit
$22,187.56
accrual basis
Working capital
($84,339.91)
inventory, bills, tax
Closing cash
$605,354.46
January 30
Where the cash went
January 2026
| Cash at January 1 | $1,075,037.42 |
| Net profit for the month | $22,187.56 |
| Inventory | $246,177.71 |
| Sweed sales not yet deposited | ($93,544.40) |
| Vendor bills | ($307,322.24) |
| Sales tax payable | $70,349.02 |
| SUP loan | ($160,042.20) |
| Benefits payable | $15,048.20 |
| Everything else | ($262,536.61) |
| Change in cash | ($469,682.96) |
| Cash at January 30 | $605,354.46 |
Notes
January 2026
How the month went
January brought in $1,131,776.70 of net sales and kept $22,187.56 of it, a 2.0% real margin. Gross margin landed at 36.0%.
Year to date Veltiste is at $1,131,776.70 of net sales and $22,187.56 of net profit, a 2.0% margin on 36.0% gross.
Sales match the Sweed register to the penny. The cumulative timing account carries the difference between what rang up and what hit the bank, so revenue, cost of goods and sales tax all tie back to the POS.
Still open
| Inventory | Sitting at $949,494.95. Working through the duplicate transactions before anything gets adjusted. |
| Chase card | Payments are on the books, the charges behind them are not. Need the statements or the login. |
| SUP loan | Balance at $1,130,267.69. No 2026 interest posted yet. Need the terms so it can post monthly. |
| Liam card | $4,025.79 sitting in Veltiste that belongs in Liam. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
February 2026
Cash in the bank · February
$807,438.64
+$202,084.18 vs Jan
Net sales
$1,120,039.84
($11,736.86) vs Jan
Gross profit
$481,522.32
43.0% gross margin
Operating income
$192,907.23
17.2% operating margin
Net profit
$194,954.78
17.4% margin
Performance
Sales, product cost and net profit
February 2026
Operating expense breakdown
Revenue and profit
Month by month through February
Key observations
- Net sales of $1,120,039.84, down 1% from Jan.
- Gross profit of $481,522.32, a 43.0% gross margin.
- Net profit of $194,954.78, a 17.4% real margin after every expense.
- Operating costs of $288,615.09, with payroll & employee at $169,925.61 carrying most of it.
- Sales tie to Sweed. $1,470,533.00 rang up, $350,493.16 of that is sales tax collected, leaving $1,120,039.84 of net sales.
- Year to date the business stands at $217,142.34 net on $2,251,816.54 of net sales.
Statement
| Category | JAN | FEB | Change |
| Gross sales | $1,488,330.00 | $1,470,533.00 | ($17,797.00) |
| Sales tax collected | ($356,553.30) | ($350,493.16) | +$6,060.14 |
| Net sales | $1,131,776.70 | $1,120,039.84 | ($11,736.86) |
| Product cost | ($724,460.39) | ($638,517.52) | +$85,942.87 |
| Gross profit | $407,316.31 | $481,522.32 | +$74,206.01 |
| Advertising | $47,775.48 | $42,507.92 | ($5,267.56) |
| Payroll & Employee | $233,998.48 | $169,925.61 | ($64,072.87) |
| Facility | $72,345.60 | $54,429.80 | ($17,915.80) |
| Fleet | $74.97 | $75.01 | +$0.04 |
| Administrative | $34,533.81 | $21,676.75 | ($12,857.06) |
| Total operating exp. | $388,728.34 | $288,615.09 | ($100,113.25) |
| Operating income | $18,587.97 | $192,907.23 | +$174,319.26 |
| Other income, net | $3,599.59 | $2,047.55 | ($1,552.04) |
| Net profit | $22,187.56 | $194,954.78 | +$172,767.22 |
Year to Date
January through February 2026
Cash in the bank
$807,438.64
($267,598.78) since 1-1-2026
Net sales
$2,251,816.54
after sales tax
Gross profit
$888,838.63
39.5% gross margin
Operating expenses
$677,343.43
January through February
Net profit
$217,142.34
9.6% margin
Revenue and profit
Month by month through February
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | $1,131,776.70 | 36.0% | $22,187.56 | 2.0% |
| February | $1,120,039.84 | 43.0% | $194,954.78 | 17.4% |
| Year to date | $2,251,816.54 | 39.5% | $217,142.34 | 9.6% |
Full Profit & Loss
February and year to date
| Account | February | Year to date |
| Income | ||
| 40000 Income | ||
| 40001 Sales - Aeropay Sales | $117,487.02 | $219,610.22 |
| 40003 Sales - Cash Sales | $824,227.00 | $1,628,524.90 |
| 40005 Sales - DNS Debit Settlements | $524,777.75 | $1,013,142.25 |
| 40009 Cumulative - Sweed Timing Adjustment | $4,041.23 | $97,585.63 |
| Total 40000 Income | $1,470,533.00 | $2,958,863.00 |
| 41000 Less - Sales Tax Collected | ($350,493.16) | ($707,046.46) |
| Total Income | $1,120,039.84 | $2,251,816.54 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Product (per Sweed) | $624,401.27 | $1,236,229.86 |
| Total 50000 Cost of Goods Sold (Sales) | $624,401.27 | $1,236,229.86 |
| 51000 Other COGS | ||
| 51100 Packaging & Bags - COGS | $2,200.55 | $7,715.00 |
| 51200 Inventory Adjustment - Sweed True-Up | $11,915.70 | $119,033.05 |
| Total 51000 Other COGS | $14,116.25 | $126,748.05 |
| Total Cost of Goods Sold | $638,517.52 | $1,362,977.91 |
| Gross Profit | $481,522.32 | $888,838.63 |
| Expenses | ||
| 60000 Advertising | ||
| 60025 Advertising - Internet--Domains, Ads/SEO, Social Media | $59.67 | $281.22 |
| 60050 Advertising - Messaging | $506.68 | $2,112.24 |
| 60100 Advertising - YouTube | $110.74 | $193.73 |
| 60300 Advertising - Promotional Products--Graphic Design | ||
| 60400 Advertising - Billboard | $28,030.00 | $62,565.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | $2,434.31 | $2,434.31 |
| 60600 Advertising - Marketing Team Meals | $11,366.52 | $20,937.44 |
| Total 60000 Advertising | $42,507.92 | $90,283.40 |
| 65000 Employee Related-Payroll | ||
| 65010 General Salaries & Wages | $129,919.30 | $306,756.08 |
| 65020 OT | $596.95 | $7,608.84 |
| 65100 Vacation/Holiday/Sick--Severance/Emergency Leave | $2,989.75 | $7,852.12 |
| 65150 Training & Meeting Wages | $950.00 | $1,200.00 |
| 65200 Payroll Tax - FICA/FUTA & SUTA | $17,584.70 | $44,532.89 |
| 65400 Workers' Comp Insurance | $1,780.40 | $3,527.06 |
| 65450 Payroll Administrative Related Fees | $736.70 | $1,368.54 |
| 65500 Group Health Insurance | $4,089.34 | $9,287.42 |
| 65600 Uniforms/Logo Shirts | $482.84 | $1,332.06 |
| 65750 Hiring/Talent Recruitment Expenses | $99.99 | $199.98 |
| 65825 Employee Reimbursements | $10,695.64 | $20,259.10 |
| Total 65000 Employee Related-Payroll | $169,925.61 | $403,924.09 |
| 70000 Facility | ||
| 70025 Building Maintenance & Repairs | $300.00 | $3,250.00 |
| 70050 Shop Supplies | ||
| 70150 Rent | $35,815.00 | $71,630.00 |
| 70250 Utilities--Water, Gas, Electric | $6,410.61 | $8,298.19 |
| 70300 General Liability Insurance | ||
| 70400 Janitorial | ||
| 70450 Security | $11,904.19 | $43,065.51 |
| Total 70000 Facility | $54,429.80 | $126,775.40 |
| 75000 Fleet | ||
| 75200 Fuel | ||
| 75300 Vehicle Insurance | $75.01 | $149.98 |
| 75400 Vehicle Parking/Tolls/Garages | ||
| 75450 Vehicle Charging Subscription | ||
| Total 75000 Fleet | $75.01 | $149.98 |
| 80000 Administrative | ||
| 80030 Permits & Licenses-Business Registration | $946.25 | $3,199.23 |
| 80050 Accounting & Auditing | $4,468.75 | $4,468.75 |
| 80100 Legal | ||
| 80110 Consultant/Contractor Expenses | $2,947.02 | $8,934.71 |
| 80120 Technology Expenses | $15.00 | $466.75 |
| 80300 Dues & Subscriptions | $966.99 | $1,933.98 |
| 80400 Software Licensing | $3,888.24 | $11,335.85 |
| 80450 IT Services | ||
| 80600 Office Supplies/Forms/Contracts | $3,413.32 | $5,845.64 |
| 80650 Communication & Cell Phone/Data/Internet | $410.63 | $821.32 |
| 80750 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $4,620.55 | $9,204.33 |
| 80800 Travel | ||
| 80850 Meals & Entertainment | ||
| 80900 Charitable Contributions-Gifts | ||
| 81020 Transportation Services | ||
| Total 80000 Administrative | $21,676.75 | $56,210.56 |
| Total Expenses | $288,615.09 | $677,343.43 |
| Net Operating Income | $192,907.23 | $211,495.20 |
| Other Income | ||
| 91000 Other Income | ||
| 91050 Interest Income | $83.80 | $177.14 |
| 91500 Sales - ATM Sales | $1,963.75 | $5,470.00 |
| 91550 Advertising – Rebates/Revenue Share | ||
| Total 91000 Other Income | $2,047.55 | $5,647.14 |
| Total Other Income | $2,047.55 | $5,647.14 |
| Other Expenses | ||
| 92000 Other Expenses | ||
| 97050 State Income Taxes - Current | ||
| Net Other Income | $2,047.55 | $5,647.14 |
| Net Income | $194,954.78 | $217,142.34 |
Balance Sheet
As of February 30, 2026
Total assets
$3,806,893.22
Balanced to the penny
Cash
$807,438.64
operating account
Inventory
$912,900.06
on the shelf
Vendor bills
$866,661.45
accounts payable
Equity
$1,710,419.36
owners' stake
Assets
| 10001 | VELTISTE LLC-7180 | $807,438.64 |
| 10002 | Escrow Account Mandated by State | — |
| 13250 | Inventory | $912,900.06 |
| 15500 | Cumulative - Sweed Sales in Transit | $97,585.63 |
| 17070 | Furniture & Other Equipment | ($15,129.00) |
| 17090 | Buildings/Improvements | $1,879,097.89 |
| 19003 | Loan to BPMD | $125,000.00 |
| Total assets | $3,806,893.22 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $866,661.45 |
| 20500 | Credit Cards | — |
| 20501 | Liam LLC CC | $4,025.79 |
| 20502 | EASY Chase Credit Card | — |
| 20503 | Frontier Credit Card | — |
| 22500 | Sales Taxes Payable | $95,364.04 |
| 22701 | 401k Payable (Guideline) | $2,881.66 |
| 22702 | Employee Benefits - Medical/Dental/Vision | ($2,726.77) |
| 23101 | SUP Development - Start Up Loan | $1,130,267.69 |
| 23102 | Kuntal Shah Loan Payable | — |
| Total liabilities | $2,096,473.86 | |
| 32102 | Shareholder 1 - Contributions | $11,396.96 |
| 32600 | Retained Earnings | $1,481,880.06 |
| Net income, year to date | $217,142.34 | |
| Total equity | $1,710,419.36 | |
| Total liabilities and equity | $3,806,893.22 |
Cash Flow
February 2026
Change in cash
$202,084.18
January to February
Opening cash
$605,354.46
January
Net profit
$194,954.78
accrual basis
Working capital
$12,043.57
inventory, bills, tax
Closing cash
$807,438.64
February 30
Where the cash went
February 2026
| Cash at January | $605,354.46 |
| Net profit for the month | $194,954.78 |
| Inventory | $36,594.89 |
| Sweed sales not yet deposited | ($4,041.23) |
| Vendor bills | ($32,972.57) |
| Sales tax payable | $12,462.48 |
| Benefits payable | ($4,914.17) |
| Change in cash | $202,084.18 |
| Cash at February 30 | $807,438.64 |
Notes
February 2026
How the month went
February brought in $1,120,039.84 of net sales and kept $194,954.78 of it, a 17.4% real margin. Gross margin landed at 43.0%.
Year to date Veltiste is at $2,251,816.54 of net sales and $217,142.34 of net profit, a 9.6% margin on 39.5% gross.
Sales match the Sweed register to the penny. The cumulative timing account carries the difference between what rang up and what hit the bank, so revenue, cost of goods and sales tax all tie back to the POS.
Still open
| Inventory | Sitting at $912,900.06. Working through the duplicate transactions before anything gets adjusted. |
| Chase card | Payments are on the books, the charges behind them are not. Need the statements or the login. |
| SUP loan | Balance at $1,130,267.69. No 2026 interest posted yet. Need the terms so it can post monthly. |
| Liam card | $4,025.79 sitting in Veltiste that belongs in Liam. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
March 2026
Cash in the bank · March
$928,276.70
+$120,838.06 vs Feb
Net sales
$1,243,688.01
+$123,648.17 vs Feb
Gross profit
$519,985.15
41.8% gross margin
Operating income
$114,014.09
9.2% operating margin
Net profit
$95,790.85
7.7% margin
Performance
Sales, product cost and net profit
March 2026
Operating expense breakdown
Revenue and profit
Month by month through March
Key observations
- Net sales of $1,243,688.01, up 11% from Feb.
- Gross profit of $519,985.15, a 41.8% gross margin.
- Net profit of $95,790.85, a 7.7% real margin after every expense.
- Operating costs of $405,971.06, with payroll & employee at $173,630.69 carrying most of it.
- Sales tie to Sweed. $1,632,279.00 rang up, $388,590.99 of that is sales tax collected, leaving $1,243,688.01 of net sales.
- Year to date the business stands at $312,933.19 net on $3,495,504.55 of net sales.
Statement
| Category | FEB | MAR | Change |
| Gross sales | $1,470,533.00 | $1,632,279.00 | +$161,746.00 |
| Sales tax collected | ($350,493.16) | ($388,590.99) | ($38,097.83) |
| Net sales | $1,120,039.84 | $1,243,688.01 | +$123,648.17 |
| Product cost | ($638,517.52) | ($723,702.86) | ($85,185.34) |
| Gross profit | $481,522.32 | $519,985.15 | +$38,462.83 |
| Advertising | $42,507.92 | $35,260.20 | ($7,247.72) |
| Payroll & Employee | $169,925.61 | $173,630.69 | +$3,705.08 |
| Facility | $54,429.80 | $74,519.67 | +$20,089.87 |
| Fleet | $75.01 | $75.01 | +$0.00 |
| Administrative | $21,676.75 | $122,485.49 | +$100,808.74 |
| Total operating exp. | $288,615.09 | $405,971.06 | +$117,355.97 |
| Operating income | $192,907.23 | $114,014.09 | ($78,893.14) |
| Other income, net | $2,047.55 | ($18,223.24) | ($20,270.79) |
| Net profit | $194,954.78 | $95,790.85 | ($99,163.93) |
Year to Date
January through March 2026
Cash in the bank
$928,276.70
($146,760.72) since 1-1-2026
Net sales
$3,495,504.55
after sales tax
Gross profit
$1,408,823.78
40.3% gross margin
Operating expenses
$1,083,314.49
January through March
Net profit
$312,933.19
9.0% margin
Revenue and profit
Month by month through March
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | $1,131,776.70 | 36.0% | $22,187.56 | 2.0% |
| February | $1,120,039.84 | 43.0% | $194,954.78 | 17.4% |
| March | $1,243,688.01 | 41.8% | $95,790.85 | 7.7% |
| Year to date | $3,495,504.55 | 40.3% | $312,933.19 | 9.0% |
Full Profit & Loss
March and year to date
| Account | March | Year to date |
| Income | ||
| 40000 Income | ||
| 40001 Sales - Aeropay Sales | $147,106.93 | $366,717.15 |
| 40003 Sales - Cash Sales | $992,306.40 | $2,620,831.30 |
| 40005 Sales - DNS Debit Settlements | $645,084.75 | $1,658,227.00 |
| 40009 Cumulative - Sweed Timing Adjustment | ($152,219.08) | ($54,633.45) |
| Total 40000 Income | $1,632,279.00 | $4,591,142.00 |
| 41000 Less - Sales Tax Collected | ($388,590.99) | ($1,095,637.45) |
| Total Income | $1,243,688.01 | $3,495,504.55 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Product (per Sweed) | $673,446.58 | $1,909,676.44 |
| Total 50000 Cost of Goods Sold (Sales) | $673,446.58 | $1,909,676.44 |
| 51000 Other COGS | ||
| 51100 Packaging & Bags - COGS | $1,347.71 | $9,062.71 |
| 51200 Inventory Adjustment - Sweed True-Up | $48,908.57 | $167,941.62 |
| Total 51000 Other COGS | $50,256.28 | $177,004.33 |
| Total Cost of Goods Sold | $723,702.86 | $2,086,680.77 |
| Gross Profit | $519,985.15 | $1,408,823.78 |
| Expenses | ||
| 60000 Advertising | ||
| 60025 Advertising - Internet--Domains, Ads/SEO, Social Media | ||
| 60050 Advertising - Messaging | $1,096.58 | $3,208.82 |
| 60100 Advertising - YouTube | $110.74 | $304.47 |
| 60300 Advertising - Promotional Products--Graphic Design | ||
| 60400 Advertising - Billboard | $20,895.00 | $83,460.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60600 Advertising - Marketing Team Meals | $13,157.88 | $34,095.32 |
| Total 60000 Advertising | $35,260.20 | $125,543.60 |
| 65000 Employee Related-Payroll | ||
| 65010 General Salaries & Wages | $134,972.83 | $441,728.91 |
| 65020 OT | $648.90 | $8,257.74 |
| 65100 Vacation/Holiday/Sick--Severance/Emergency Leave | $2,062.30 | $9,914.42 |
| 65150 Training & Meeting Wages | $1,150.00 | $2,350.00 |
| 65200 Payroll Tax - FICA/FUTA & SUTA | $18,193.34 | $62,726.23 |
| 65400 Workers' Comp Insurance | $934.10 | $4,461.16 |
| 65450 Payroll Administrative Related Fees | $1,324.62 | $2,693.16 |
| 65500 Group Health Insurance | $4,420.33 | $13,707.75 |
| 65600 Uniforms/Logo Shirts | $1,165.21 | $2,497.27 |
| 65750 Hiring/Talent Recruitment Expenses | $99.99 | $299.97 |
| 65825 Employee Reimbursements | $8,659.07 | $28,918.17 |
| Total 65000 Employee Related-Payroll | $173,630.69 | $577,554.78 |
| 70000 Facility | ||
| 70025 Building Maintenance & Repairs | ||
| 70050 Shop Supplies | $123.56 | $655.26 |
| 70150 Rent | $35,815.00 | $107,445.00 |
| 70250 Utilities--Water, Gas, Electric | $3,275.40 | $11,573.59 |
| 70300 General Liability Insurance | $23,209.00 | $23,209.00 |
| 70400 Janitorial | ||
| 70450 Security | $12,096.71 | $55,162.22 |
| Total 70000 Facility | $74,519.67 | $201,295.07 |
| 75000 Fleet | ||
| 75200 Fuel | ||
| 75300 Vehicle Insurance | $75.01 | $224.99 |
| 75400 Vehicle Parking/Tolls/Garages | ||
| 75450 Vehicle Charging Subscription | ||
| Total 75000 Fleet | $75.01 | $224.99 |
| 80000 Administrative | ||
| 80030 Permits & Licenses-Business Registration | $97,705.25 | $100,904.48 |
| 80050 Accounting & Auditing | $2,105.00 | $6,573.75 |
| 80100 Legal | ||
| 80110 Consultant/Contractor Expenses | $3,527.26 | $12,461.97 |
| 80120 Technology Expenses | $2,515.00 | $2,981.75 |
| 80300 Dues & Subscriptions | $987.98 | $2,921.96 |
| 80400 Software Licensing | $7,753.93 | $19,089.78 |
| 80450 IT Services | ||
| 80600 Office Supplies/Forms/Contracts | $1,965.47 | $7,811.11 |
| 80650 Communication & Cell Phone/Data/Internet | $447.65 | $1,268.97 |
| 80750 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $5,467.95 | $14,672.28 |
| 80800 Travel | $10.00 | $10.00 |
| 80850 Meals & Entertainment | ||
| 80900 Charitable Contributions-Gifts | ||
| 81020 Transportation Services | ||
| Total 80000 Administrative | $122,485.49 | $178,696.05 |
| Total Expenses | $405,971.06 | $1,083,314.49 |
| Net Operating Income | $114,014.09 | $325,509.29 |
| Other Income | ||
| 91000 Other Income | ||
| 91050 Interest Income | $110.51 | $287.65 |
| 91500 Sales - ATM Sales | $1,666.25 | $7,136.25 |
| 91550 Advertising – Rebates/Revenue Share | ||
| Total 91000 Other Income | $1,776.76 | $7,423.90 |
| Total Other Income | $1,776.76 | $7,423.90 |
| Other Expenses | ||
| 92000 Other Expenses | ||
| 97050 State Income Taxes - Current | $20,000.00 | $20,000.00 |
| Total 92000 Other Expenses | $20,000.00 | $20,000.00 |
| Total Other Expenses | $20,000.00 | $20,000.00 |
| Net Other Income | ($18,223.24) | ($12,576.10) |
| Net Income | $95,790.85 | $312,933.19 |
Balance Sheet
As of March 30, 2026
Total assets
$3,576,642.46
Balanced to the penny
Cash
$928,276.70
operating account
Inventory
$664,030.32
on the shelf
Vendor bills
$924,135.73
accounts payable
Equity
$1,806,210.21
owners' stake
Assets
| 10001 | VELTISTE LLC-7180 | $928,276.70 |
| 10002 | Escrow Account Mandated by State | $50,000.00 |
| 13250 | Inventory | $664,030.32 |
| 15500 | Cumulative - Sweed Sales in Transit | ($54,633.45) |
| 17070 | Furniture & Other Equipment | ($15,129.00) |
| 17090 | Buildings/Improvements | $1,879,097.89 |
| 19003 | Loan to BPMD | $125,000.00 |
| Total assets | $3,576,642.46 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $924,135.73 |
| 20500 | Credit Cards | — |
| 20501 | Liam LLC CC | $4,025.79 |
| 20502 | EASY Chase Credit Card | ($13,884.42) |
| 20503 | Frontier Credit Card | — |
| 22500 | Sales Taxes Payable | ($33,654.49) |
| 22701 | 401k Payable (Guideline) | — |
| 22702 | Employee Benefits - Medical/Dental/Vision | ($15,458.05) |
| 23101 | SUP Development - Start Up Loan | $905,267.69 |
| 23102 | Kuntal Shah Loan Payable | — |
| Total liabilities | $1,770,432.25 | |
| 32102 | Shareholder 1 - Contributions | $11,396.96 |
| 32600 | Retained Earnings | $1,481,880.06 |
| Net income, year to date | $312,933.19 | |
| Total equity | $1,806,210.21 | |
| Total liabilities and equity | $3,576,642.46 |
Cash Flow
March 2026
Change in cash
$120,838.06
February to March
Opening cash
$807,438.64
February
Net profit
$95,790.85
accrual basis
Working capital
$329,544.57
inventory, bills, tax
Closing cash
$928,276.70
March 30
Where the cash went
March 2026
| Cash at February | $807,438.64 |
| Net profit for the month | $95,790.85 |
| Inventory | $248,869.74 |
| Sweed sales not yet deposited | $152,219.08 |
| Vendor bills | $57,474.28 |
| Sales tax payable | ($129,018.53) |
| SUP loan | ($225,000.00) |
| Benefits payable | ($15,612.94) |
| Cards and owner advances | ($13,884.42) |
| Escrow | ($50,000.00) |
| Change in cash | $120,838.06 |
| Cash at March 30 | $928,276.70 |
Notes
March 2026
How the month went
March brought in $1,243,688.01 of net sales and kept $95,790.85 of it, a 7.7% real margin. Gross margin landed at 41.8%.
Year to date Veltiste is at $3,495,504.55 of net sales and $312,933.19 of net profit, a 9.0% margin on 40.3% gross.
Sales match the Sweed register to the penny. The cumulative timing account carries the difference between what rang up and what hit the bank, so revenue, cost of goods and sales tax all tie back to the POS.
Still open
| Inventory | Sitting at $664,030.32. Working through the duplicate transactions before anything gets adjusted. |
| Chase card | Payments are on the books, the charges behind them are not. Need the statements or the login. |
| SUP loan | Balance at $905,267.69. No 2026 interest posted yet. Need the terms so it can post monthly. |
| Liam card | $4,025.79 sitting in Veltiste that belongs in Liam. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
April 2026
Cash in the bank · April
$1,602,170.03
+$673,893.33 vs Mar
Net sales
$1,281,134.88
+$37,446.87 vs Mar
Gross profit
$649,015.45
50.7% gross margin
Operating income
$383,442.66
29.9% operating margin
Net profit
$385,399.46
30.1% margin
Performance
Sales, product cost and net profit
April 2026
Operating expense breakdown
Revenue and profit
Month by month through April
Key observations
- Net sales of $1,281,134.88, up 3% from Mar.
- Gross profit of $649,015.45, a 50.7% gross margin.
- Net profit of $385,399.46, a 30.1% real margin after every expense.
- Operating costs of $265,572.79, with payroll & employee at $152,845.85 carrying most of it.
- Sales tie to Sweed. $1,682,890.00 rang up, $401,755.12 of that is sales tax collected, leaving $1,281,134.88 of net sales.
- Year to date the business stands at $698,332.65 net on $4,776,639.43 of net sales.
Statement
| Category | MAR | APR | Change |
| Gross sales | $1,632,279.00 | $1,682,890.00 | +$50,611.00 |
| Sales tax collected | ($388,590.99) | ($401,755.12) | ($13,164.13) |
| Net sales | $1,243,688.01 | $1,281,134.88 | +$37,446.87 |
| Product cost | ($723,702.86) | ($632,119.43) | +$91,583.43 |
| Gross profit | $519,985.15 | $649,015.45 | +$129,030.30 |
| Advertising | $35,260.20 | $33,057.27 | ($2,202.93) |
| Payroll & Employee | $173,630.69 | $152,845.85 | ($20,784.84) |
| Facility | $74,519.67 | $59,534.54 | ($14,985.13) |
| Fleet | $75.01 | $75.01 | +$0.00 |
| Administrative | $122,485.49 | $20,060.12 | ($102,425.37) |
| Total operating exp. | $405,971.06 | $265,572.79 | ($140,398.27) |
| Operating income | $114,014.09 | $383,442.66 | +$269,428.57 |
| Other income, net | ($18,223.24) | $1,956.80 | +$20,180.04 |
| Net profit | $95,790.85 | $385,399.46 | +$289,608.61 |
Year to Date
January through April 2026
Cash in the bank
$1,602,170.03
+$527,132.61 since 1-1-2026
Net sales
$4,776,639.43
after sales tax
Gross profit
$2,057,839.23
43.1% gross margin
Operating expenses
$1,348,887.28
January through April
Net profit
$698,332.65
14.6% margin
Revenue and profit
Month by month through April
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | $1,131,776.70 | 36.0% | $22,187.56 | 2.0% |
| February | $1,120,039.84 | 43.0% | $194,954.78 | 17.4% |
| March | $1,243,688.01 | 41.8% | $95,790.85 | 7.7% |
| April | $1,281,134.88 | 50.7% | $385,399.46 | 30.1% |
| Year to date | $4,776,639.43 | 43.1% | $698,332.65 | 14.6% |
Full Profit & Loss
April and year to date
| Account | April | Year to date |
| Income | ||
| 40000 Income | ||
| 40001 Sales - Aeropay Sales | $136,203.00 | $502,920.15 |
| 40003 Sales - Cash Sales | $861,915.00 | $3,482,746.30 |
| 40005 Sales - DNS Debit Settlements | $616,093.50 | $2,274,320.50 |
| 40009 Cumulative - Sweed Timing Adjustment | $68,678.50 | $14,045.05 |
| Total 40000 Income | $1,682,890.00 | $6,274,032.00 |
| 41000 Less - Sales Tax Collected | ($401,755.12) | ($1,497,392.57) |
| Total Income | $1,281,134.88 | $4,776,639.43 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Product (per Sweed) | $720,579.69 | $2,630,256.13 |
| Total 50000 Cost of Goods Sold (Sales) | $720,579.69 | $2,630,256.13 |
| 51000 Other COGS | ||
| 51100 Packaging & Bags - COGS | $21,958.33 | $31,021.04 |
| 51200 Inventory Adjustment - Sweed True-Up | ($110,418.59) | $57,523.03 |
| Total 51000 Other COGS | ($88,460.26) | $88,544.07 |
| Total Cost of Goods Sold | $632,119.43 | $2,718,800.20 |
| Gross Profit | $649,015.45 | $2,057,839.23 |
| Expenses | ||
| 60000 Advertising | ||
| 60025 Advertising - Internet--Domains, Ads/SEO, Social Media | ||
| 60050 Advertising - Messaging | $529.42 | $3,738.24 |
| 60100 Advertising - YouTube | $110.74 | $415.21 |
| 60300 Advertising - Promotional Products--Graphic Design | ||
| 60400 Advertising - Billboard | $12,730.00 | $96,190.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60600 Advertising - Marketing Team Meals | $19,687.11 | $53,782.43 |
| Total 60000 Advertising | $33,057.27 | $158,600.87 |
| 65000 Employee Related-Payroll | ||
| 65010 General Salaries & Wages | $118,804.54 | $560,533.45 |
| 65020 OT | $2,785.03 | $11,042.77 |
| 65100 Vacation/Holiday/Sick--Severance/Emergency Leave | $1,700.08 | $11,614.50 |
| 65150 Training & Meeting Wages | $300.00 | $2,650.00 |
| 65200 Payroll Tax - FICA/FUTA & SUTA | $14,588.74 | $77,314.97 |
| 65400 Workers' Comp Insurance | $999.69 | $5,460.85 |
| 65450 Payroll Administrative Related Fees | $1,561.92 | $4,255.08 |
| 65500 Group Health Insurance | $4,240.76 | $17,948.51 |
| 65600 Uniforms/Logo Shirts | ||
| 65750 Hiring/Talent Recruitment Expenses | $99.99 | $399.96 |
| 65825 Employee Reimbursements | $7,765.10 | $36,683.27 |
| Total 65000 Employee Related-Payroll | $152,845.85 | $730,400.63 |
| 70000 Facility | ||
| 70025 Building Maintenance & Repairs | $1,160.00 | $4,410.00 |
| 70050 Shop Supplies | ||
| 70150 Rent | $36,458.66 | $143,903.66 |
| 70250 Utilities--Water, Gas, Electric | $1,616.90 | $13,190.49 |
| 70300 General Liability Insurance | $6,034.00 | $29,243.00 |
| 70400 Janitorial | ||
| 70450 Security | $14,264.98 | $69,427.20 |
| Total 70000 Facility | $59,534.54 | $260,829.61 |
| 75000 Fleet | ||
| 75200 Fuel | ||
| 75300 Vehicle Insurance | $75.01 | $300.00 |
| 75400 Vehicle Parking/Tolls/Garages | ||
| 75450 Vehicle Charging Subscription | ||
| Total 75000 Fleet | $75.01 | $300.00 |
| 80000 Administrative | ||
| 80030 Permits & Licenses-Business Registration | $204.50 | $101,108.98 |
| 80050 Accounting & Auditing | ||
| 80100 Legal | ||
| 80110 Consultant/Contractor Expenses | $656.99 | $13,118.96 |
| 80120 Technology Expenses | $25.00 | $3,006.75 |
| 80300 Dues & Subscriptions | $987.98 | $3,909.94 |
| 80400 Software Licensing | $8,542.54 | $27,632.32 |
| 80450 IT Services | ||
| 80600 Office Supplies/Forms/Contracts | $3,040.64 | $10,851.75 |
| 80650 Communication & Cell Phone/Data/Internet | $447.54 | $1,716.51 |
| 80750 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $5,454.93 | $20,127.21 |
| 80800 Travel | ||
| 80850 Meals & Entertainment | ||
| 80900 Charitable Contributions-Gifts | $350.00 | $350.00 |
| 81020 Transportation Services | $350.00 | $350.00 |
| Total 80000 Administrative | $20,060.12 | $198,756.17 |
| Total Expenses | $265,572.79 | $1,348,887.28 |
| Net Operating Income | $383,442.66 | $708,951.95 |
| Other Income | ||
| 91000 Other Income | ||
| 91050 Interest Income | $144.30 | $431.95 |
| 91500 Sales - ATM Sales | $1,812.50 | $8,948.75 |
| 91550 Advertising – Rebates/Revenue Share | ||
| Total 91000 Other Income | $1,956.80 | $9,380.70 |
| Total Other Income | $1,956.80 | $9,380.70 |
| Other Expenses | ||
| 92000 Other Expenses | ||
| 97050 State Income Taxes - Current | ||
| Total 92000 Other Expenses | — | $20,000.00 |
| Total Other Expenses | — | $20,000.00 |
| Net Other Income | $1,956.80 | ($10,619.30) |
| Net Income | $385,399.46 | $698,332.65 |
Balance Sheet
As of April 30, 2026
Total assets
$4,372,820.48
Balanced to the penny
Cash
$1,602,170.03
operating account
Inventory
$717,636.51
on the shelf
Vendor bills
$1,273,503.25
accounts payable
Equity
$2,191,609.67
owners' stake
Assets
| 10001 | VELTISTE LLC-7180 | $1,602,170.03 |
| 10002 | Escrow Account Mandated by State | $50,000.00 |
| 13250 | Inventory | $717,636.51 |
| 15500 | Cumulative - Sweed Sales in Transit | $14,045.05 |
| 17070 | Furniture & Other Equipment | ($15,129.00) |
| 17090 | Buildings/Improvements | $1,879,097.89 |
| 19003 | Loan to BPMD | $125,000.00 |
| Total assets | $4,372,820.48 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,273,503.25 |
| 20500 | Credit Cards | — |
| 20501 | Liam LLC CC | $4,025.79 |
| 20502 | EASY Chase Credit Card | ($13,967.24) |
| 20503 | Frontier Credit Card | — |
| 22500 | Sales Taxes Payable | $28,891.25 |
| 22701 | 401k Payable (Guideline) | — |
| 22702 | Employee Benefits - Medical/Dental/Vision | ($16,509.92) |
| 23101 | SUP Development - Start Up Loan | $905,267.69 |
| 23102 | Kuntal Shah Loan Payable | — |
| Total liabilities | $2,181,210.82 | |
| 32102 | Shareholder 1 - Contributions | $11,396.96 |
| 32600 | Retained Earnings | $1,481,880.06 |
| Net income, year to date | $698,332.65 | |
| Total equity | $2,191,609.67 | |
| Total liabilities and equity | $4,372,820.49 |
Cash Flow
April 2026
Change in cash
$673,893.33
March to April
Opening cash
$928,276.70
March
Net profit
$385,399.46
accrual basis
Working capital
$289,628.57
inventory, bills, tax
Closing cash
$1,602,170.03
April 30
Where the cash went
April 2026
| Cash at March | $928,276.70 |
| Net profit for the month | $385,399.46 |
| Inventory | ($53,606.19) |
| Sweed sales not yet deposited | ($68,678.50) |
| Vendor bills | $349,367.52 |
| Sales tax payable | $62,545.74 |
| Benefits payable | ($1,051.87) |
| Cards and owner advances | ($82.82) |
| Everything else | ($0.01) |
| Change in cash | $673,893.33 |
| Cash at April 30 | $1,602,170.03 |
Notes
April 2026
How the month went
April brought in $1,281,134.88 of net sales and kept $385,399.46 of it, a 30.1% real margin. Gross margin landed at 50.7%.
Year to date Veltiste is at $4,776,639.43 of net sales and $698,332.65 of net profit, a 14.6% margin on 43.1% gross.
Sales match the Sweed register to the penny. The cumulative timing account carries the difference between what rang up and what hit the bank, so revenue, cost of goods and sales tax all tie back to the POS.
Still open
| Inventory | Sitting at $717,636.51. Working through the duplicate transactions before anything gets adjusted. |
| Chase card | Payments are on the books, the charges behind them are not. Need the statements or the login. |
| SUP loan | Balance at $905,267.69. No 2026 interest posted yet. Need the terms so it can post monthly. |
| Liam card | $4,025.79 sitting in Veltiste that belongs in Liam. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
May 2026
Cash in the bank · May
$1,685,455.18
+$83,285.15 vs Apr
Net sales
$1,339,286.33
+$58,151.45 vs Apr
Gross profit
$414,300.85
30.9% gross margin
Operating income
$162,560.13
12.1% operating margin
Net profit
$164,841.56
12.3% margin
Performance
Sales, product cost and net profit
May 2026
Operating expense breakdown
Revenue and profit
Month by month through May
Key observations
- Net sales of $1,339,286.33, up 5% from Apr.
- Gross profit of $414,300.85, a 30.9% gross margin.
- Net profit of $164,841.56, a 12.3% real margin after every expense.
- Operating costs of $251,740.72, with payroll & employee at $148,427.33 carrying most of it.
- Sales tie to Sweed. $1,760,982.00 rang up, $421,695.67 of that is sales tax collected, leaving $1,339,286.33 of net sales.
- Year to date the business stands at $863,174.21 net on $6,115,925.76 of net sales.
Statement
| Category | APR | MAY | Change |
| Gross sales | $1,682,890.00 | $1,760,982.00 | +$78,092.00 |
| Sales tax collected | ($401,755.12) | ($421,695.67) | ($19,940.55) |
| Net sales | $1,281,134.88 | $1,339,286.33 | +$58,151.45 |
| Product cost | ($632,119.43) | ($924,985.48) | ($292,866.05) |
| Gross profit | $649,015.45 | $414,300.85 | ($234,714.60) |
| Advertising | $33,057.27 | $30,951.42 | ($2,105.85) |
| Payroll & Employee | $152,845.85 | $148,427.33 | ($4,418.52) |
| Facility | $59,534.54 | $58,939.38 | ($595.16) |
| Fleet | $75.01 | $75.01 | +$0.00 |
| Administrative | $20,060.12 | $13,347.58 | ($6,712.54) |
| Total operating exp. | $265,572.79 | $251,740.72 | ($13,832.07) |
| Operating income | $383,442.66 | $162,560.13 | ($220,882.53) |
| Other income, net | $1,956.80 | $2,281.43 | +$324.63 |
| Net profit | $385,399.46 | $164,841.56 | ($220,557.90) |
Year to Date
January through May 2026
Cash in the bank
$1,685,455.18
+$610,417.76 since 1-1-2026
Net sales
$6,115,925.76
after sales tax
Gross profit
$2,472,140.08
40.4% gross margin
Operating expenses
$1,600,628.00
January through May
Net profit
$863,174.21
14.1% margin
Revenue and profit
Month by month through May
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | $1,131,776.70 | 36.0% | $22,187.56 | 2.0% |
| February | $1,120,039.84 | 43.0% | $194,954.78 | 17.4% |
| March | $1,243,688.01 | 41.8% | $95,790.85 | 7.7% |
| April | $1,281,134.88 | 50.7% | $385,399.46 | 30.1% |
| May | $1,339,286.33 | 30.9% | $164,841.56 | 12.3% |
| Year to date | $6,115,925.76 | 40.4% | $863,174.21 | 14.1% |
Full Profit & Loss
May and year to date
| Account | May | Year to date |
| Income | ||
| 40000 Income | ||
| 40001 Sales - Aeropay Sales | $135,698.00 | $638,618.15 |
| 40003 Sales - Cash Sales | $859,917.00 | $4,342,663.30 |
| 40005 Sales - DNS Debit Settlements | $602,019.50 | $2,876,340.00 |
| 40009 Cumulative - Sweed Timing Adjustment | $163,347.50 | $177,392.55 |
| Total 40000 Income | $1,760,982.00 | $8,035,014.00 |
| 41000 Less - Sales Tax Collected | ($421,695.67) | ($1,919,088.24) |
| Total Income | $1,339,286.33 | $6,115,925.76 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Product (per Sweed) | $736,482.65 | $3,366,738.78 |
| Total 50000 Cost of Goods Sold (Sales) | $736,482.65 | $3,366,738.78 |
| 51000 Other COGS | ||
| 51100 Packaging & Bags - COGS | — | $31,021.04 |
| 51200 Inventory Adjustment - Sweed True-Up | $188,502.83 | $246,025.86 |
| Total 51000 Other COGS | $188,502.83 | $277,046.90 |
| Total Cost of Goods Sold | $924,985.48 | $3,643,785.68 |
| Gross Profit | $414,300.85 | $2,472,140.08 |
| Expenses | ||
| 60000 Advertising | ||
| 60025 Advertising - Internet--Domains, Ads/SEO, Social Media | ||
| 60050 Advertising - Messaging | $1,002.66 | $4,740.90 |
| 60100 Advertising - YouTube | ||
| 60300 Advertising - Promotional Products--Graphic Design | ||
| 60400 Advertising - Billboard | $13,180.00 | $109,370.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60600 Advertising - Marketing Team Meals | $16,768.76 | $70,551.19 |
| Total 60000 Advertising | $30,951.42 | $189,552.29 |
| 65000 Employee Related-Payroll | ||
| 65010 General Salaries & Wages | $117,064.42 | $677,597.87 |
| 65020 OT | $229.70 | $11,272.47 |
| 65100 Vacation/Holiday/Sick--Severance/Emergency Leave | $4,496.66 | $16,111.16 |
| 65150 Training & Meeting Wages | $250.00 | $2,900.00 |
| 65200 Payroll Tax - FICA/FUTA & SUTA | $13,173.77 | $90,488.74 |
| 65400 Workers' Comp Insurance | $3,474.29 | $8,935.14 |
| 65450 Payroll Administrative Related Fees | $1,666.00 | $5,921.08 |
| 65500 Group Health Insurance | $3,980.96 | $21,929.47 |
| 65600 Uniforms/Logo Shirts | $873.10 | $3,370.37 |
| 65750 Hiring/Talent Recruitment Expenses | $99.99 | $499.95 |
| 65825 Employee Reimbursements | $3,118.44 | $39,801.71 |
| Total 65000 Employee Related-Payroll | $148,427.33 | $878,827.96 |
| 70000 Facility | ||
| 70025 Building Maintenance & Repairs | ||
| 70050 Shop Supplies | ||
| 70150 Rent | $35,853.53 | $179,757.19 |
| 70250 Utilities--Water, Gas, Electric | $1,519.60 | $14,710.09 |
| 70300 General Liability Insurance | ||
| 70400 Janitorial | ||
| 70450 Security | $21,566.25 | $90,993.45 |
| Total 70000 Facility | $58,939.38 | $319,768.99 |
| 75000 Fleet | ||
| 75200 Fuel | ||
| 75300 Vehicle Insurance | $75.01 | $375.01 |
| 75400 Vehicle Parking/Tolls/Garages | ||
| 75450 Vehicle Charging Subscription | ||
| Total 75000 Fleet | $75.01 | $375.01 |
| 80000 Administrative | ||
| 80030 Permits & Licenses-Business Registration | $26.00 | $101,134.98 |
| 80050 Accounting & Auditing | ||
| 80100 Legal | ||
| 80110 Consultant/Contractor Expenses | $202.50 | $13,321.46 |
| 80120 Technology Expenses | $87.10 | $3,093.85 |
| 80300 Dues & Subscriptions | $967.99 | $4,877.93 |
| 80400 Software Licensing | $5,222.40 | $32,854.72 |
| 80450 IT Services | ||
| 80600 Office Supplies/Forms/Contracts | $1,217.64 | $12,069.39 |
| 80650 Communication & Cell Phone/Data/Internet | $447.60 | $2,164.11 |
| 80750 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $5,176.35 | $25,303.56 |
| 80800 Travel | ||
| 80850 Meals & Entertainment | ||
| 80900 Charitable Contributions-Gifts | ||
| 81020 Transportation Services | ||
| Total 80000 Administrative | $13,347.58 | $212,103.75 |
| Total Expenses | $251,740.72 | $1,600,628.00 |
| Net Operating Income | $162,560.13 | $871,512.08 |
| Other Income | ||
| 91000 Other Income | ||
| 91050 Interest Income | $211.43 | $643.38 |
| 91500 Sales - ATM Sales | $2,070.00 | $11,018.75 |
| 91550 Advertising – Rebates/Revenue Share | ||
| Total 91000 Other Income | $2,281.43 | $11,662.13 |
| Total Other Income | $2,281.43 | $11,662.13 |
| Other Expenses | ||
| 92000 Other Expenses | ||
| 97050 State Income Taxes - Current | ||
| Total 92000 Other Expenses | — | $20,000.00 |
| Total Other Expenses | — | $20,000.00 |
| Net Other Income | $2,281.43 | ($8,337.87) |
| Net Income | $164,841.56 | $863,174.21 |
Balance Sheet
As of May 30, 2026
Total assets
$5,019,297.38
Balanced to the penny
Cash
$1,685,455.18
operating account
Inventory
$1,117,480.76
on the shelf
Vendor bills
$1,708,153.25
accounts payable
Equity
$2,356,451.23
owners' stake
Assets
| 10001 | VELTISTE LLC-7180 | $1,685,455.18 |
| 10002 | Escrow Account Mandated by State | $50,000.00 |
| 13250 | Inventory | $1,117,480.76 |
| 15500 | Cumulative - Sweed Sales in Transit | $177,392.55 |
| 17070 | Furniture & Other Equipment | ($15,129.00) |
| 17090 | Buildings/Improvements | $1,879,097.89 |
| 19003 | Loan to BPMD | $125,000.00 |
| Total assets | $5,019,297.38 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,708,153.25 |
| 20500 | Credit Cards | — |
| 20501 | Liam LLC CC | $4,025.79 |
| 20502 | EASY Chase Credit Card | ($14,540.95) |
| 20503 | Frontier Credit Card | — |
| 22500 | Sales Taxes Payable | $68,396.06 |
| 22701 | 401k Payable (Guideline) | — |
| 22702 | Employee Benefits - Medical/Dental/Vision | ($8,455.68) |
| 23101 | SUP Development - Start Up Loan | $905,267.69 |
| 23102 | Kuntal Shah Loan Payable | — |
| Total liabilities | $2,662,846.16 | |
| 32102 | Shareholder 1 - Contributions | $11,396.96 |
| 32600 | Retained Earnings | $1,481,880.06 |
| Net income, year to date | $863,174.21 | |
| Total equity | $2,356,451.23 | |
| Total liabilities and equity | $5,019,297.39 |
Cash Flow
May 2026
Change in cash
$83,285.15
April to May
Opening cash
$1,602,170.03
April
Net profit
$164,841.56
accrual basis
Working capital
($89,036.94)
inventory, bills, tax
Closing cash
$1,685,455.18
May 30
Where the cash went
May 2026
| Cash at April | $1,602,170.03 |
| Net profit for the month | $164,841.56 |
| Inventory | ($399,844.25) |
| Sweed sales not yet deposited | ($163,347.50) |
| Vendor bills | $434,650.00 |
| Sales tax payable | $39,504.81 |
| Benefits payable | $8,054.24 |
| Cards and owner advances | ($573.71) |
| Change in cash | $83,285.15 |
| Cash at May 30 | $1,685,455.18 |
Notes
May 2026
How the month went
May brought in $1,339,286.33 of net sales and kept $164,841.56 of it, a 12.3% real margin. Gross margin landed at 30.9%.
Year to date Veltiste is at $6,115,925.76 of net sales and $863,174.21 of net profit, a 14.1% margin on 40.4% gross.
Sales match the Sweed register to the penny. The cumulative timing account carries the difference between what rang up and what hit the bank, so revenue, cost of goods and sales tax all tie back to the POS.
Still open
| Inventory | Sitting at $1,117,480.76. Working through the duplicate transactions before anything gets adjusted. |
| Chase card | Payments are on the books, the charges behind them are not. Need the statements or the login. |
| SUP loan | Balance at $905,267.69. No 2026 interest posted yet. Need the terms so it can post monthly. |
| Liam card | $4,025.79 sitting in Veltiste that belongs in Liam. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
June 2026
Cash in the bank · June
$1,763,447.92
+$77,992.74 vs May
Net sales
$1,359,809.54
+$20,523.21 vs May
Gross profit
$494,001.72
36.3% gross margin
Operating income
$227,254.50
16.7% operating margin
Net profit
$229,307.86
16.9% margin
Performance
Sales, product cost and net profit
June 2026
Operating expense breakdown
Revenue and profit
Month by month through June
Key observations
- Net sales of $1,359,809.54, up 2% from May.
- Gross profit of $494,001.72, a 36.3% gross margin.
- Net profit of $229,307.86, a 16.9% real margin after every expense.
- Operating costs of $266,747.22, with payroll & employee at $143,997.76 carrying most of it.
- Sales tie to Sweed. $1,789,367.00 rang up, $429,557.46 of that is sales tax collected, leaving $1,359,809.54 of net sales.
- Year to date the business stands at $1,092,482.07 net on $7,475,735.30 of net sales.
Statement
| Category | MAY | JUN | Change |
| Gross sales | $1,760,982.00 | $1,789,367.00 | +$28,385.00 |
| Sales tax collected | ($421,695.67) | ($429,557.46) | ($7,861.79) |
| Net sales | $1,339,286.33 | $1,359,809.54 | +$20,523.21 |
| Product cost | ($924,985.48) | ($865,807.82) | +$59,177.66 |
| Gross profit | $414,300.85 | $494,001.72 | +$79,700.87 |
| Advertising | $30,951.42 | $55,149.21 | +$24,197.79 |
| Payroll & Employee | $148,427.33 | $143,997.76 | ($4,429.57) |
| Facility | $58,939.38 | $53,919.99 | ($5,019.39) |
| Fleet | $75.01 | — | ($75.01) |
| Administrative | $13,347.58 | $13,680.26 | +$332.68 |
| Total operating exp. | $251,740.72 | $266,747.22 | +$15,006.50 |
| Operating income | $162,560.13 | $227,254.50 | +$64,694.37 |
| Other income, net | $2,281.43 | $2,053.36 | ($228.07) |
| Net profit | $164,841.56 | $229,307.86 | +$64,466.30 |
Year to Date
January through June 2026
Cash in the bank
$1,763,447.92
+$688,410.50 since 1-1-2026
Net sales
$7,475,735.30
after sales tax
Gross profit
$2,966,141.80
39.7% gross margin
Operating expenses
$1,867,375.22
January through June
Net profit
$1,092,482.07
14.6% margin
Revenue and profit
Month by month through June
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | $1,131,776.70 | 36.0% | $22,187.56 | 2.0% |
| February | $1,120,039.84 | 43.0% | $194,954.78 | 17.4% |
| March | $1,243,688.01 | 41.8% | $95,790.85 | 7.7% |
| April | $1,281,134.88 | 50.7% | $385,399.46 | 30.1% |
| May | $1,339,286.33 | 30.9% | $164,841.56 | 12.3% |
| June | $1,359,809.54 | 36.3% | $229,307.86 | 16.9% |
| Year to date | $7,475,735.30 | 39.7% | $1,092,482.07 | 14.6% |
Full Profit & Loss
June and year to date
| Account | June | Year to date |
| Income | ||
| 40000 Income | ||
| 40001 Sales - Aeropay Sales | $159,361.50 | $797,979.65 |
| 40003 Sales - Cash Sales | $932,285.75 | $5,274,949.05 |
| 40005 Sales - DNS Debit Settlements | $695,122.75 | $3,571,462.75 |
| 40009 Cumulative - Sweed Timing Adjustment | $2,597.00 | $179,989.55 |
| Total 40000 Income | $1,789,367.00 | $9,824,381.00 |
| 41000 Less - Sales Tax Collected | ($429,557.46) | ($2,348,645.70) |
| Total Income | $1,359,809.54 | $7,475,735.30 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Product (per Sweed) | $732,499.42 | $4,099,238.20 |
| Total 50000 Cost of Goods Sold (Sales) | $732,499.42 | $4,099,238.20 |
| 51000 Other COGS | ||
| 51100 Packaging & Bags - COGS | $1,360.71 | $32,381.75 |
| 51200 Inventory Adjustment - Sweed True-Up | $131,947.69 | $377,973.55 |
| Total 51000 Other COGS | $133,308.40 | $410,355.30 |
| Total Cost of Goods Sold | $865,807.82 | $4,509,593.50 |
| Gross Profit | $494,001.72 | $2,966,141.80 |
| Expenses | ||
| 60000 Advertising | ||
| 60025 Advertising - Internet--Domains, Ads/SEO, Social Media | ||
| 60050 Advertising - Messaging | $2,431.66 | $7,172.56 |
| 60100 Advertising - YouTube | $82.99 | $498.20 |
| 60300 Advertising - Promotional Products--Graphic Design | ||
| 60400 Advertising - Billboard | $34,380.00 | $143,750.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60600 Advertising - Marketing Team Meals | $18,254.56 | $88,805.75 |
| Total 60000 Advertising | $55,149.21 | $244,701.50 |
| 65000 Employee Related-Payroll | ||
| 65010 General Salaries & Wages | $119,799.10 | $797,396.97 |
| 65020 OT | $447.93 | $11,720.40 |
| 65100 Vacation/Holiday/Sick--Severance/Emergency Leave | $4,270.76 | $20,381.92 |
| 65150 Training & Meeting Wages | $150.00 | $3,050.00 |
| 65200 Payroll Tax - FICA/FUTA & SUTA | $12,536.88 | $103,025.62 |
| 65400 Workers' Comp Insurance | ||
| 65450 Payroll Administrative Related Fees | $1,317.45 | $7,238.53 |
| 65500 Group Health Insurance | $4,066.56 | $25,996.03 |
| 65600 Uniforms/Logo Shirts | ||
| 65750 Hiring/Talent Recruitment Expenses | $99.99 | $599.94 |
| 65825 Employee Reimbursements | $1,309.09 | $41,110.80 |
| Total 65000 Employee Related-Payroll | $143,997.76 | $1,022,825.72 |
| 70000 Facility | ||
| 70025 Building Maintenance & Repairs | $1,275.00 | $5,685.00 |
| 70050 Shop Supplies | ||
| 70150 Rent | $36,393.00 | $216,150.19 |
| 70250 Utilities--Water, Gas, Electric | $1,523.35 | $16,233.44 |
| 70300 General Liability Insurance | ||
| 70400 Janitorial | ||
| 70450 Security | $14,728.64 | $105,722.09 |
| Total 70000 Facility | $53,919.99 | $373,688.98 |
| 75000 Fleet | ||
| 75200 Fuel | ||
| 75300 Vehicle Insurance | ||
| 75400 Vehicle Parking/Tolls/Garages | ||
| 75450 Vehicle Charging Subscription | ||
| Total 75000 Fleet | — | $375.01 |
| 80000 Administrative | ||
| 80030 Permits & Licenses-Business Registration | ||
| 80050 Accounting & Auditing | ||
| 80100 Legal | ||
| 80110 Consultant/Contractor Expenses | $243.38 | $13,564.84 |
| 80120 Technology Expenses | $1,510.00 | $4,603.85 |
| 80300 Dues & Subscriptions | $967.99 | $5,845.92 |
| 80400 Software Licensing | $3,520.00 | $36,374.72 |
| 80450 IT Services | ($0.10) | ($0.10) |
| 80600 Office Supplies/Forms/Contracts | $882.04 | $12,951.43 |
| 80650 Communication & Cell Phone/Data/Internet | $447.60 | $2,611.71 |
| 80750 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $6,094.36 | $31,397.92 |
| 80800 Travel | $14.99 | $24.99 |
| 80850 Meals & Entertainment | ||
| 80900 Charitable Contributions-Gifts | ||
| 81020 Transportation Services | ||
| Total 80000 Administrative | $13,680.26 | $225,784.01 |
| Total Expenses | $266,747.22 | $1,867,375.22 |
| Net Operating Income | $227,254.50 | $1,098,766.58 |
| Other Income | ||
| 91000 Other Income | ||
| 91050 Interest Income | $232.11 | $875.49 |
| 91500 Sales - ATM Sales | $1,821.25 | $12,840.00 |
| 91550 Advertising – Rebates/Revenue Share | ||
| Total 91000 Other Income | $2,053.36 | $13,715.49 |
| Total Other Income | $2,053.36 | $13,715.49 |
| Other Expenses | ||
| 92000 Other Expenses | ||
| 97050 State Income Taxes - Current | ||
| Total 92000 Other Expenses | — | $20,000.00 |
| Total Other Expenses | — | $20,000.00 |
| Net Other Income | $2,053.36 | ($6,284.51) |
| Net Income | $229,307.86 | $1,092,482.07 |
Balance Sheet
As of June 30, 2026
Total assets
$5,211,133.29
Balanced to the penny
Cash
$1,763,447.92
operating account
Inventory
$1,228,726.93
on the shelf
Vendor bills
$1,732,573.44
accounts payable
Equity
$2,585,759.09
owners' stake
Assets
| 10001 | VELTISTE LLC-7180 | $1,763,447.92 |
| 10002 | Escrow Account Mandated by State | $50,000.00 |
| 13250 | Inventory | $1,228,726.93 |
| 15500 | Cumulative - Sweed Sales in Transit | $179,989.55 |
| 17070 | Furniture & Other Equipment | ($15,129.00) |
| 17090 | Buildings/Improvements | $1,879,097.89 |
| 19003 | Loan to BPMD | $125,000.00 |
| Total assets | $5,211,133.29 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,732,573.44 |
| 20500 | Credit Cards | ($49.00) |
| 20501 | Liam LLC CC | $4,025.79 |
| 20502 | EASY Chase Credit Card | ($14,540.95) |
| 20503 | Frontier Credit Card | $20,447.40 |
| 22500 | Sales Taxes Payable | ($12,630.48) |
| 22701 | 401k Payable (Guideline) | — |
| 22702 | Employee Benefits - Medical/Dental/Vision | ($9,719.68) |
| 23101 | SUP Development - Start Up Loan | $905,267.69 |
| 23102 | Kuntal Shah Loan Payable | — |
| Total liabilities | $2,625,374.21 | |
| 32102 | Shareholder 1 - Contributions | $11,396.96 |
| 32600 | Retained Earnings | $1,481,880.06 |
| Net income, year to date | $1,092,482.07 | |
| Total equity | $2,585,759.09 | |
| Total liabilities and equity | $5,211,133.30 |
Cash Flow
June 2026
Change in cash
$77,992.74
May to June
Opening cash
$1,685,455.18
May
Net profit
$229,307.86
accrual basis
Working capital
($170,449.52)
inventory, bills, tax
Closing cash
$1,763,447.92
June 30
Where the cash went
June 2026
| Cash at May | $1,685,455.18 |
| Net profit for the month | $229,307.86 |
| Inventory | ($111,246.17) |
| Sweed sales not yet deposited | ($2,597.00) |
| Vendor bills | $24,420.19 |
| Sales tax payable | ($81,026.54) |
| Benefits payable | ($1,264.00) |
| Cards and owner advances | $20,447.40 |
| Everything else | ($49.00) |
| Change in cash | $77,992.74 |
| Cash at June 30 | $1,763,447.92 |
Notes
June 2026
How the month went
June brought in $1,359,809.54 of net sales and kept $229,307.86 of it, a 16.9% real margin. Gross margin landed at 36.3%.
Year to date Veltiste is at $7,475,735.30 of net sales and $1,092,482.07 of net profit, a 14.6% margin on 39.7% gross.
Sales match the Sweed register to the penny. The cumulative timing account carries the difference between what rang up and what hit the bank, so revenue, cost of goods and sales tax all tie back to the POS.
Still open
| Inventory | Sitting at $1,228,726.93. Working through the duplicate transactions before anything gets adjusted. |
| Chase card | Payments are on the books, the charges behind them are not. Need the statements or the login. |
| SUP loan | Balance at $905,267.69. No 2026 interest posted yet. Need the terms so it can post monthly. |
| Liam card | $4,025.79 sitting in Veltiste that belongs in Liam. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
July 2026
Cash in the bank · July
$1,004,320.84
($759,127.08) vs Jun
Net sales
$1,518,280.99
+$158,471.45 vs Jun
Gross profit
$604,093.84
39.8% gross margin
Operating income
$264,768.66
17.4% operating margin
Net profit
$266,894.75
17.6% margin
Performance
Sales, product cost and net profit
July 2026
Operating expense breakdown
Revenue and profit
Month by month through July
Key observations
- Net sales of $1,518,280.99, up 12% from Jun.
- Gross profit of $604,093.84, a 39.8% gross margin.
- Net profit of $266,894.75, a 17.6% real margin after every expense.
- Operating costs of $339,325.18, with payroll & employee at $233,612.61 carrying most of it.
- Sales tie to Sweed. $1,996,035.00 rang up, $477,754.01 of that is sales tax collected, leaving $1,518,280.99 of net sales.
- Year to date the business stands at $1,359,376.82 net on $8,994,016.29 of net sales.
Statement
| Category | JUN | JUL | Change |
| Gross sales | $1,789,367.00 | $1,996,035.00 | +$206,668.00 |
| Sales tax collected | ($429,557.46) | ($477,754.01) | ($48,196.55) |
| Net sales | $1,359,809.54 | $1,518,280.99 | +$158,471.45 |
| Product cost | ($865,807.82) | ($914,187.15) | ($48,379.33) |
| Gross profit | $494,001.72 | $604,093.84 | +$110,092.12 |
| Advertising | $55,149.21 | $33,759.30 | ($21,389.91) |
| Payroll & Employee | $143,997.76 | $233,612.61 | +$89,614.85 |
| Facility | $53,919.99 | $54,198.31 | +$278.32 |
| Fleet | — | — | +$0.00 |
| Administrative | $13,680.26 | $17,754.96 | +$4,074.70 |
| Total operating exp. | $266,747.22 | $339,325.18 | +$72,577.96 |
| Operating income | $227,254.50 | $264,768.66 | +$37,514.16 |
| Other income, net | $2,053.36 | $2,126.09 | +$72.73 |
| Net profit | $229,307.86 | $266,894.75 | +$37,586.89 |
Year to Date
January through July 2026
Cash in the bank
$1,004,320.84
($70,716.58) since 1-1-2026
Net sales
$8,994,016.29
after sales tax
Gross profit
$3,570,235.64
39.7% gross margin
Operating expenses
$2,206,700.40
January through July
Net profit
$1,359,376.82
15.1% margin
Revenue and profit
Month by month through July
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | $1,131,776.70 | 36.0% | $22,187.56 | 2.0% |
| February | $1,120,039.84 | 43.0% | $194,954.78 | 17.4% |
| March | $1,243,688.01 | 41.8% | $95,790.85 | 7.7% |
| April | $1,281,134.88 | 50.7% | $385,399.46 | 30.1% |
| May | $1,339,286.33 | 30.9% | $164,841.56 | 12.3% |
| June | $1,359,809.54 | 36.3% | $229,307.86 | 16.9% |
| July | $1,518,280.99 | 39.8% | $266,894.75 | 17.6% |
| Year to date | $8,994,016.29 | 39.7% | $1,359,376.82 | 15.1% |
Full Profit & Loss
July and year to date
| Account | July | Year to date |
| Income | ||
| 40000 Income | ||
| 40001 Sales - Aeropay Sales | $162,775.50 | $960,755.15 |
| 40003 Sales - Cash Sales | $1,215,883.65 | $6,490,832.70 |
| 40005 Sales - DNS Debit Settlements | $708,039.00 | $4,279,501.75 |
| 40009 Cumulative - Sweed Timing Adjustment | ($90,663.15) | $89,326.40 |
| Total 40000 Income | $1,996,035.00 | $11,820,416.00 |
| 41000 Less - Sales Tax Collected | ($477,754.01) | ($2,826,399.71) |
| Total Income | $1,518,280.99 | $8,994,016.29 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Product (per Sweed) | $835,613.26 | $4,934,851.46 |
| Total 50000 Cost of Goods Sold (Sales) | $835,613.26 | $4,934,851.46 |
| 51000 Other COGS | ||
| 51100 Packaging & Bags - COGS | $2,787.71 | $35,169.46 |
| 51200 Inventory Adjustment - Sweed True-Up | $75,786.18 | $453,759.73 |
| Total 51000 Other COGS | $78,573.89 | $488,929.19 |
| Total Cost of Goods Sold | $914,187.15 | $5,423,780.65 |
| Gross Profit | $604,093.84 | $3,570,235.64 |
| Expenses | ||
| 60000 Advertising | ||
| 60025 Advertising - Internet--Domains, Ads/SEO, Social Media | ||
| 60050 Advertising - Messaging | $3,725.25 | $10,897.81 |
| 60100 Advertising - YouTube | $82.99 | $581.19 |
| 60300 Advertising - Promotional Products--Graphic Design | ||
| 60400 Advertising - Billboard | $11,180.00 | $154,930.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60600 Advertising - Marketing Team Meals | $18,771.06 | $107,576.81 |
| Total 60000 Advertising | $33,759.30 | $278,460.80 |
| 65000 Employee Related-Payroll | ||
| 65010 General Salaries & Wages | $193,480.00 | $990,876.97 |
| 65020 OT | $3,834.54 | $15,554.94 |
| 65100 Vacation/Holiday/Sick--Severance/Emergency Leave | $2,866.40 | $23,248.32 |
| 65150 Training & Meeting Wages | $1,800.00 | $4,850.00 |
| 65200 Payroll Tax - FICA/FUTA & SUTA | $19,997.20 | $123,022.82 |
| 65400 Workers' Comp Insurance | $1,767.52 | $10,702.66 |
| 65450 Payroll Administrative Related Fees | $1,372.00 | $8,610.53 |
| 65500 Group Health Insurance | $5,968.44 | $31,964.47 |
| 65600 Uniforms/Logo Shirts | $2,078.35 | $5,448.72 |
| 65750 Hiring/Talent Recruitment Expenses | $164.99 | $764.93 |
| 65825 Employee Reimbursements | $283.17 | $41,393.97 |
| Total 65000 Employee Related-Payroll | $233,612.61 | $1,256,438.33 |
| 70000 Facility | ||
| 70025 Building Maintenance & Repairs | ||
| 70050 Shop Supplies | ||
| 70150 Rent | $36,393.00 | $252,543.19 |
| 70250 Utilities--Water, Gas, Electric | $2,667.89 | $18,901.33 |
| 70300 General Liability Insurance | ||
| 70400 Janitorial | $316.42 | $316.42 |
| 70450 Security | $14,821.00 | $120,543.09 |
| Total 70000 Facility | $54,198.31 | $427,887.29 |
| 75000 Fleet | ||
| 75200 Fuel | ||
| 75300 Vehicle Insurance | ||
| 75400 Vehicle Parking/Tolls/Garages | ||
| 75450 Vehicle Charging Subscription | ||
| Total 75000 Fleet | — | $375.01 |
| 80000 Administrative | ||
| 80030 Permits & Licenses-Business Registration | $357.88 | $101,492.86 |
| 80050 Accounting & Auditing | ||
| 80100 Legal | — | $10,000.00 |
| 80110 Consultant/Contractor Expenses | $20.60 | $13,585.44 |
| 80120 Technology Expenses | $1,078.00 | $5,681.85 |
| 80300 Dues & Subscriptions | $967.99 | $6,813.91 |
| 80400 Software Licensing | $4,473.72 | $40,848.44 |
| 80450 IT Services | ||
| 80600 Office Supplies/Forms/Contracts | $3,872.61 | $16,824.04 |
| 80650 Communication & Cell Phone/Data/Internet | $580.15 | $3,191.86 |
| 80750 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $6,392.16 | $37,790.08 |
| 80800 Travel | ||
| 80850 Meals & Entertainment | $11.85 | $11.85 |
| 80900 Charitable Contributions-Gifts | ||
| 81020 Transportation Services | ||
| Total 80000 Administrative | $17,754.96 | $243,538.97 |
| Total Expenses | $339,325.18 | $2,206,700.40 |
| Net Operating Income | $264,768.66 | $1,363,535.24 |
| Other Income | ||
| 91000 Other Income | ||
| 91050 Interest Income | $166.09 | $1,041.58 |
| 91500 Sales - ATM Sales | $1,960.00 | $14,800.00 |
| 91550 Advertising – Rebates/Revenue Share | ||
| Total 91000 Other Income | $2,126.09 | $15,841.58 |
| Total Other Income | $2,126.09 | $15,841.58 |
| Other Expenses | ||
| 92000 Other Expenses | ||
| 97050 State Income Taxes - Current | ||
| Total 92000 Other Expenses | — | $20,000.00 |
| Total Other Expenses | — | $20,000.00 |
| Net Other Income | $2,126.09 | ($4,158.42) |
| Net Income | $266,894.75 | $1,359,376.82 |
Balance Sheet
As of July 30, 2026
Total assets
$4,380,316.56
Balanced to the penny
Cash
$1,004,320.84
operating account
Inventory
$1,247,700.43
on the shelf
Vendor bills
$1,589,414.51
accounts payable
Equity
$2,852,653.84
owners' stake
Assets
| 10001 | VELTISTE LLC-7180 | $1,004,320.84 |
| 10002 | Escrow Account Mandated by State | $50,000.00 |
| 13250 | Inventory | $1,247,700.43 |
| 15500 | Cumulative - Sweed Sales in Transit | $89,326.40 |
| 17070 | Furniture & Other Equipment | ($15,129.00) |
| 17090 | Buildings/Improvements | $1,879,097.89 |
| 19003 | Loan to BPMD | $125,000.00 |
| Total assets | $4,380,316.56 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,589,414.51 |
| 20500 | Credit Cards | ($49.00) |
| 20501 | Liam LLC CC | $4,025.79 |
| 20502 | EASY Chase Credit Card | ($14,540.95) |
| 20503 | Frontier Credit Card | $12,268.49 |
| 22500 | Sales Taxes Payable | ($195,537.99) |
| 22701 | 401k Payable (Guideline) | $2,928.38 |
| 22702 | Employee Benefits - Medical/Dental/Vision | ($16,114.19) |
| 23101 | SUP Development - Start Up Loan | $145,267.69 |
| 23102 | Kuntal Shah Loan Payable | — |
| Total liabilities | $1,527,662.73 | |
| 32102 | Shareholder 1 - Contributions | $11,396.96 |
| 32600 | Retained Earnings | $1,481,880.06 |
| Net income, year to date | $1,359,376.82 | |
| Total equity | $2,852,653.84 | |
| Total liabilities and equity | $4,380,316.57 |
Cash Flow
July 2026
Change in cash
($759,127.08)
June to July
Opening cash
$1,763,447.92
June
Net profit
$266,894.75
accrual basis
Working capital
($254,376.79)
inventory, bills, tax
Closing cash
$1,004,320.84
July 30
Where the cash went
July 2026
| Cash at June | $1,763,447.92 |
| Net profit for the month | $266,894.75 |
| Inventory | ($18,973.50) |
| Sweed sales not yet deposited | $90,663.15 |
| Vendor bills | ($143,158.93) |
| Sales tax payable | ($182,907.51) |
| SUP loan | ($760,000.00) |
| Benefits payable | ($3,466.13) |
| Cards and owner advances | ($8,178.91) |
| Change in cash | ($759,127.08) |
| Cash at July 30 | $1,004,320.84 |
Notes
July 2026
How the month went
July brought in $1,518,280.99 of net sales and kept $266,894.75 of it, a 17.6% real margin. Gross margin landed at 39.8%.
Year to date Veltiste is at $8,994,016.29 of net sales and $1,359,376.82 of net profit, a 15.1% margin on 39.7% gross.
Sales match the Sweed register to the penny. The cumulative timing account carries the difference between what rang up and what hit the bank, so revenue, cost of goods and sales tax all tie back to the POS.
Still open
| Inventory | Sitting at $1,247,700.43. Working through the duplicate transactions before anything gets adjusted. |
| Chase card | Payments are on the books, the charges behind them are not. Need the statements or the login. |
| SUP loan | Balance at $145,267.69. No 2026 interest posted yet. Need the terms so it can post monthly. |
| Liam card | $4,025.79 sitting in Veltiste that belongs in Liam. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
August 2026
Cash in the bank · August
$1,434,663.73
+$430,342.89 vs Jul
Net sales
$1,513,804.83
($4,476.16) vs Jul
Gross profit
$647,609.74
42.8% gross margin
Operating income
$335,778.82
22.2% operating margin
Net profit
$337,917.22
22.3% margin
Performance
Sales, product cost and net profit
August 2026
Operating expense breakdown
Revenue and profit
Month by month through August
Key observations
- Net sales of $1,513,804.83, down 0% from Jul.
- Gross profit of $647,609.74, a 42.8% gross margin.
- Net profit of $337,917.22, a 22.3% real margin after every expense.
- Operating costs of $311,830.92, with payroll & employee at $166,228.61 carrying most of it.
- Sales tie to Sweed. $1,984,770.00 rang up, $470,965.17 of that is sales tax collected, leaving $1,513,804.83 of net sales.
- Year to date the business stands at $1,697,294.04 net on $10,507,821.12 of net sales.
Statement
| Category | JUL | AUG | Change |
| Gross sales | $1,996,035.00 | $1,984,770.00 | ($11,265.00) |
| Sales tax collected | ($477,754.01) | ($470,965.17) | +$6,788.84 |
| Net sales | $1,518,280.99 | $1,513,804.83 | ($4,476.16) |
| Product cost | ($914,187.15) | ($866,195.09) | +$47,992.06 |
| Gross profit | $604,093.84 | $647,609.74 | +$43,515.90 |
| Advertising | $33,759.30 | $50,460.73 | +$16,701.43 |
| Payroll & Employee | $233,612.61 | $166,228.61 | ($67,384.00) |
| Facility | $54,198.31 | $56,098.57 | +$1,900.26 |
| Fleet | — | $421.12 | +$421.12 |
| Administrative | $17,754.96 | $38,621.89 | +$20,866.93 |
| Total operating exp. | $339,325.18 | $311,830.92 | ($27,494.26) |
| Operating income | $264,768.66 | $335,778.82 | +$71,010.16 |
| Other income, net | $2,126.09 | $2,138.40 | +$12.31 |
| Net profit | $266,894.75 | $337,917.22 | +$71,022.47 |
Year to Date
January through August 2026
Cash in the bank
$1,434,663.73
+$359,626.31 since 1-1-2026
Net sales
$10,507,821.12
after sales tax
Gross profit
$4,217,845.38
40.1% gross margin
Operating expenses
$2,518,531.32
January through August
Net profit
$1,697,294.04
16.2% margin
Revenue and profit
Month by month through August
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | $1,131,776.70 | 36.0% | $22,187.56 | 2.0% |
| February | $1,120,039.84 | 43.0% | $194,954.78 | 17.4% |
| March | $1,243,688.01 | 41.8% | $95,790.85 | 7.7% |
| April | $1,281,134.88 | 50.7% | $385,399.46 | 30.1% |
| May | $1,339,286.33 | 30.9% | $164,841.56 | 12.3% |
| June | $1,359,809.54 | 36.3% | $229,307.86 | 16.9% |
| July | $1,518,280.99 | 39.8% | $266,894.75 | 17.6% |
| August | $1,513,804.83 | 42.8% | $337,917.22 | 22.3% |
| Year to date | $10,507,821.12 | 40.1% | $1,697,294.04 | 16.2% |
Full Profit & Loss
August and year to date
| Account | August | Year to date |
| Income | ||
| 40000 Income | ||
| 40001 Sales - Aeropay Sales | $171,490.10 | $1,132,245.25 |
| 40003 Sales - Cash Sales | $1,027,514.10 | $7,518,346.80 |
| 40005 Sales - DNS Debit Settlements | $734,783.50 | $5,014,285.25 |
| 40009 Cumulative - Sweed Timing Adjustment | $50,982.30 | $140,308.70 |
| Total 40000 Income | $1,984,770.00 | $13,805,186.00 |
| 41000 Less - Sales Tax Collected | ($470,965.17) | ($3,297,364.88) |
| Total Income | $1,513,804.83 | $10,507,821.12 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Product (per Sweed) | $816,914.78 | $5,751,766.24 |
| Total 50000 Cost of Goods Sold (Sales) | $816,914.78 | $5,751,766.24 |
| 51000 Other COGS | ||
| 51100 Packaging & Bags - COGS | $6,297.60 | $41,467.06 |
| 51200 Inventory Adjustment - Sweed True-Up | $42,982.71 | $496,742.44 |
| Total 51000 Other COGS | $49,280.31 | $538,209.50 |
| Total Cost of Goods Sold | $866,195.09 | $6,289,975.74 |
| Gross Profit | $647,609.74 | $4,217,845.38 |
| Expenses | ||
| 60000 Advertising | ||
| 60025 Advertising - Internet--Domains, Ads/SEO, Social Media | ||
| 60050 Advertising - Messaging | $4,315.58 | $15,213.39 |
| 60100 Advertising - YouTube | $112.98 | $694.17 |
| 60300 Advertising - Promotional Products--Graphic Design | ||
| 60400 Advertising - Billboard | $30,680.00 | $185,610.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60600 Advertising - Marketing Team Meals | $15,352.17 | $122,928.98 |
| Total 60000 Advertising | $50,460.73 | $328,921.53 |
| 65000 Employee Related-Payroll | ||
| 65010 General Salaries & Wages | $133,412.09 | $1,124,289.06 |
| 65020 OT | $375.67 | $15,930.61 |
| 65100 Vacation/Holiday/Sick--Severance/Emergency Leave | $2,917.75 | $26,166.07 |
| 65150 Training & Meeting Wages | $50.00 | $4,900.00 |
| 65200 Payroll Tax - FICA/FUTA & SUTA | $13,076.43 | $136,099.25 |
| 65400 Workers' Comp Insurance | $2,854.02 | $13,556.68 |
| 65450 Payroll Administrative Related Fees | $1,362.50 | $9,973.03 |
| 65500 Group Health Insurance | $4,152.16 | $36,116.63 |
| 65600 Uniforms/Logo Shirts | ||
| 65750 Hiring/Talent Recruitment Expenses | $99.99 | $864.92 |
| 65825 Employee Reimbursements | $7,928.00 | $49,321.97 |
| Total 65000 Employee Related-Payroll | $166,228.61 | $1,422,666.94 |
| 70000 Facility | ||
| 70025 Building Maintenance & Repairs | $2,855.00 | $8,540.00 |
| 70050 Shop Supplies | ||
| 70150 Rent | $36,393.00 | $288,936.19 |
| 70250 Utilities--Water, Gas, Electric | $1,677.19 | $20,578.52 |
| 70300 General Liability Insurance | ||
| 70400 Janitorial | ||
| 70450 Security | $15,173.38 | $135,716.47 |
| Total 70000 Facility | $56,098.57 | $483,985.86 |
| 75000 Fleet | ||
| 75200 Fuel | $136.43 | $136.43 |
| 75300 Vehicle Insurance | $284.69 | $659.70 |
| 75400 Vehicle Parking/Tolls/Garages | ||
| 75450 Vehicle Charging Subscription | ||
| Total 75000 Fleet | $421.12 | $796.13 |
| 80000 Administrative | ||
| 80030 Permits & Licenses-Business Registration | $971.38 | $102,464.24 |
| 80050 Accounting & Auditing | $3,176.00 | $9,749.75 |
| 80100 Legal | $5,795.00 | $15,795.00 |
| 80110 Consultant/Contractor Expenses | $150.00 | $13,735.44 |
| 80120 Technology Expenses | $7,856.69 | $13,538.54 |
| 80300 Dues & Subscriptions | $967.99 | $7,781.90 |
| 80400 Software Licensing | $4,006.82 | $44,855.26 |
| 80450 IT Services | ||
| 80600 Office Supplies/Forms/Contracts | $2,771.77 | $19,595.81 |
| 80650 Communication & Cell Phone/Data/Internet | $709.84 | $3,901.70 |
| 80750 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $6,395.31 | $44,185.39 |
| 80800 Travel | $5,439.97 | $5,464.96 |
| 80850 Meals & Entertainment | $381.12 | $392.97 |
| 80900 Charitable Contributions-Gifts | ||
| 81020 Transportation Services | ||
| Total 80000 Administrative | $38,621.89 | $282,160.86 |
| Total Expenses | $311,830.92 | $2,518,531.32 |
| Net Operating Income | $335,778.82 | $1,699,314.06 |
| Other Income | ||
| 91000 Other Income | ||
| 91050 Interest Income | $178.40 | $1,219.98 |
| 91500 Sales - ATM Sales | $1,960.00 | $16,760.00 |
| 91550 Advertising – Rebates/Revenue Share | ||
| Total 91000 Other Income | $2,138.40 | $17,979.98 |
| Total Other Income | $2,138.40 | $17,979.98 |
| Other Expenses | ||
| 92000 Other Expenses | ||
| 97050 State Income Taxes - Current | ||
| Total 92000 Other Expenses | — | $20,000.00 |
| Total Other Expenses | — | $20,000.00 |
| Net Other Income | $2,138.40 | ($2,020.02) |
| Net Income | $337,917.22 | $1,697,294.04 |
Balance Sheet
As of August 30, 2026
Total assets
$4,755,464.67
Balanced to the penny
Cash
$1,434,663.73
operating account
Inventory
$1,141,523.35
on the shelf
Vendor bills
$1,620,305.23
accounts payable
Equity
$3,190,571.06
owners' stake
Assets
| 10001 | VELTISTE LLC-7180 | $1,434,663.73 |
| 10002 | Escrow Account Mandated by State | $50,000.00 |
| 13250 | Inventory | $1,141,523.35 |
| 15500 | Cumulative - Sweed Sales in Transit | $140,308.70 |
| 17070 | Furniture & Other Equipment | ($15,129.00) |
| 17090 | Buildings/Improvements | $1,879,097.89 |
| 19003 | Loan to BPMD | $125,000.00 |
| Total assets | $4,755,464.67 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,620,305.23 |
| 20500 | Credit Cards | ($49.00) |
| 20501 | Liam LLC CC | $4,025.79 |
| 20502 | EASY Chase Credit Card | ($14,540.95) |
| 20503 | Frontier Credit Card | $24,969.65 |
| 22500 | Sales Taxes Payable | ($215,970.41) |
| 22701 | 401k Payable (Guideline) | $2,999.52 |
| 22702 | Employee Benefits - Medical/Dental/Vision | ($7,484.93) |
| 23101 | SUP Development - Start Up Loan | $145,267.69 |
| 23102 | Kuntal Shah Loan Payable | $5,371.02 |
| Total liabilities | $1,564,893.61 | |
| 32102 | Shareholder 1 - Contributions | $11,396.96 |
| 32600 | Retained Earnings | $1,481,880.06 |
| Net income, year to date | $1,697,294.04 | |
| Total equity | $3,190,571.06 | |
| Total liabilities and equity | $4,755,464.67 |
Cash Flow
August 2026
Change in cash
$430,342.89
July to August
Opening cash
$1,004,320.84
July
Net profit
$337,917.22
accrual basis
Working capital
$65,653.08
inventory, bills, tax
Closing cash
$1,434,663.73
August 30
Where the cash went
August 2026
| Cash at July | $1,004,320.84 |
| Net profit for the month | $337,917.22 |
| Inventory | $106,177.08 |
| Sweed sales not yet deposited | ($50,982.30) |
| Vendor bills | $30,890.72 |
| Sales tax payable | ($20,432.42) |
| Benefits payable | $8,700.40 |
| Cards and owner advances | $18,072.18 |
| Everything else | $0.01 |
| Change in cash | $430,342.89 |
| Cash at August 30 | $1,434,663.73 |
Notes
August 2026
How the month went
August brought in $1,513,804.83 of net sales and kept $337,917.22 of it, a 22.3% real margin. Gross margin landed at 42.8%.
Year to date Veltiste is at $10,507,821.12 of net sales and $1,697,294.04 of net profit, a 16.2% margin on 40.1% gross.
Sales match the Sweed register to the penny. The cumulative timing account carries the difference between what rang up and what hit the bank, so revenue, cost of goods and sales tax all tie back to the POS.
Still open
| Inventory | Sitting at $1,141,523.35. Working through the duplicate transactions before anything gets adjusted. |
| Chase card | Payments are on the books, the charges behind them are not. Need the statements or the login. |
| SUP loan | Balance at $145,267.69. No 2026 interest posted yet. Need the terms so it can post monthly. |
| Liam card | $4,025.79 sitting in Veltiste that belongs in Liam. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
September 2026
Cash in the bank · September
$1,470,091.90
+$35,428.17 vs Aug
Net sales
$1,490,711.70
($23,093.13) vs Aug
Gross profit
$687,294.08
46.1% gross margin
Operating income
$426,293.02
28.6% operating margin
Net profit
$443,763.60
29.8% margin
Performance
Sales, product cost and net profit
September 2026
Operating expense breakdown
Revenue and profit
Month by month through September
Key observations
- Net sales of $1,490,711.70, down 2% from Aug.
- Gross profit of $687,294.08, a 46.1% gross margin.
- Net profit of $443,763.60, a 29.8% real margin after every expense.
- Operating costs of $261,001.06, with payroll & employee at $169,714.00 carrying most of it.
- Sales tie to Sweed. $1,950,177.00 rang up, $459,465.30 of that is sales tax collected, leaving $1,490,711.70 of net sales.
- Year to date the business stands at $2,141,057.64 net on $11,998,532.82 of net sales.
Statement
| Category | AUG | SEP | Change |
| Gross sales | $1,984,770.00 | $1,950,177.00 | ($34,593.00) |
| Sales tax collected | ($470,965.17) | ($459,465.30) | +$11,499.87 |
| Net sales | $1,513,804.83 | $1,490,711.70 | ($23,093.13) |
| Product cost | ($866,195.09) | ($803,417.62) | +$62,777.47 |
| Gross profit | $647,609.74 | $687,294.08 | +$39,684.34 |
| Advertising | $50,460.73 | $24,618.58 | ($25,842.15) |
| Payroll & Employee | $166,228.61 | $169,714.00 | +$3,485.39 |
| Facility | $56,098.57 | $27,636.81 | ($28,461.76) |
| Fleet | $421.12 | $376.80 | ($44.32) |
| Administrative | $38,621.89 | $38,654.87 | +$32.98 |
| Total operating exp. | $311,830.92 | $261,001.06 | ($50,829.86) |
| Operating income | $335,778.82 | $426,293.02 | +$90,514.20 |
| Other income, net | $2,138.40 | $17,470.58 | +$15,332.18 |
| Net profit | $337,917.22 | $443,763.60 | +$105,846.38 |
Year to Date
January through September 2026
Cash in the bank
$1,470,091.90
+$395,054.48 since 1-1-2026
Net sales
$11,998,532.82
after sales tax
Gross profit
$4,905,139.46
40.9% gross margin
Operating expenses
$2,779,532.38
January through September
Net profit
$2,141,057.64
17.8% margin
Revenue and profit
Month by month through September
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | $1,131,776.70 | 36.0% | $22,187.56 | 2.0% |
| February | $1,120,039.84 | 43.0% | $194,954.78 | 17.4% |
| March | $1,243,688.01 | 41.8% | $95,790.85 | 7.7% |
| April | $1,281,134.88 | 50.7% | $385,399.46 | 30.1% |
| May | $1,339,286.33 | 30.9% | $164,841.56 | 12.3% |
| June | $1,359,809.54 | 36.3% | $229,307.86 | 16.9% |
| July | $1,518,280.99 | 39.8% | $266,894.75 | 17.6% |
| August | $1,513,804.83 | 42.8% | $337,917.22 | 22.3% |
| September | $1,490,711.70 | 46.1% | $443,763.60 | 29.8% |
| Year to date | $11,998,532.82 | 40.9% | $2,141,057.64 | 17.8% |
Full Profit & Loss
September and year to date
| Account | September | Year to date |
| Income | ||
| 40000 Income | ||
| 40001 Sales - Aeropay Sales | $171,463.00 | $1,303,708.25 |
| 40003 Sales - Cash Sales | $1,271,072.55 | $8,789,419.35 |
| 40005 Sales - DNS Debit Settlements | $705,512.47 | $5,719,797.72 |
| 40009 Cumulative - Sweed Timing Adjustment | ($197,871.02) | ($57,562.32) |
| Total 40000 Income | $1,950,177.00 | $15,755,363.00 |
| 41000 Less - Sales Tax Collected | ($459,465.30) | ($3,756,830.18) |
| Total Income | $1,490,711.70 | $11,998,532.82 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Product (per Sweed) | $808,196.68 | $6,559,962.92 |
| Total 50000 Cost of Goods Sold (Sales) | $808,196.68 | $6,559,962.92 |
| 51000 Other COGS | ||
| 51100 Packaging & Bags - COGS | $40,731.08 | $82,198.14 |
| 51200 Inventory Adjustment - Sweed True-Up | ($45,510.14) | $451,232.30 |
| Total 51000 Other COGS | ($4,779.06) | $533,430.44 |
| Total Cost of Goods Sold | $803,417.62 | $7,093,393.36 |
| Gross Profit | $687,294.08 | $4,905,139.46 |
| Expenses | ||
| 60000 Advertising | ||
| 60025 Advertising - Internet--Domains, Ads/SEO, Social Media | ||
| 60050 Advertising - Messaging | ||
| 60100 Advertising - YouTube | $82.99 | $777.16 |
| 60300 Advertising - Promotional Products--Graphic Design | ||
| 60400 Advertising - Billboard | $12,180.00 | $197,790.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60600 Advertising - Marketing Team Meals | $12,355.59 | $135,284.57 |
| Total 60000 Advertising | $24,618.58 | $353,540.11 |
| 65000 Employee Related-Payroll | ||
| 65010 General Salaries & Wages | $130,116.05 | $1,254,405.11 |
| 65020 OT | $5,133.37 | $21,063.98 |
| 65100 Vacation/Holiday/Sick--Severance/Emergency Leave | $10,663.94 | $36,830.01 |
| 65150 Training & Meeting Wages | $50.00 | $4,950.00 |
| 65200 Payroll Tax - FICA/FUTA & SUTA | $13,643.08 | $149,742.33 |
| 65400 Workers' Comp Insurance | $1,961.59 | $15,518.27 |
| 65450 Payroll Administrative Related Fees | $1,401.00 | $11,374.03 |
| 65500 Group Health Insurance | $3,543.96 | $39,660.59 |
| 65600 Uniforms/Logo Shirts | $1,615.45 | $7,064.17 |
| 65750 Hiring/Talent Recruitment Expenses | $99.99 | $964.91 |
| 65825 Employee Reimbursements | $1,485.57 | $50,807.54 |
| Total 65000 Employee Related-Payroll | $169,714.00 | $1,592,380.94 |
| 70000 Facility | ||
| 70025 Building Maintenance & Repairs | ||
| 70050 Shop Supplies | ||
| 70150 Rent | $844.00 | $289,780.19 |
| 70250 Utilities--Water, Gas, Electric | $2,164.05 | $22,742.57 |
| 70300 General Liability Insurance | ||
| 70400 Janitorial | ||
| 70450 Security | $24,628.76 | $160,345.23 |
| Total 70000 Facility | $27,636.81 | $511,622.67 |
| 75000 Fleet | ||
| 75200 Fuel | $8.79 | $145.22 |
| 75300 Vehicle Insurance | $289.69 | $949.39 |
| 75400 Vehicle Parking/Tolls/Garages | $56.50 | $56.50 |
| 75450 Vehicle Charging Subscription | $21.82 | $21.82 |
| Total 75000 Fleet | $376.80 | $1,172.93 |
| 80000 Administrative | ||
| 80030 Permits & Licenses-Business Registration | $511.25 | $102,975.49 |
| 80050 Accounting & Auditing | $2,564.00 | $12,313.75 |
| 80100 Legal | ||
| 80110 Consultant/Contractor Expenses | $12,733.33 | $26,468.77 |
| 80120 Technology Expenses | $15.00 | $13,553.54 |
| 80300 Dues & Subscriptions | $1,074.28 | $8,856.18 |
| 80400 Software Licensing | $1,093.44 | $45,948.70 |
| 80450 IT Services | ||
| 80600 Office Supplies/Forms/Contracts | $1,827.59 | $21,423.40 |
| 80650 Communication & Cell Phone/Data/Internet | $4,269.28 | $8,170.98 |
| 80750 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $6,838.00 | $51,023.39 |
| 80800 Travel | $59.99 | $5,524.95 |
| 80850 Meals & Entertainment | $7,668.71 | $8,061.68 |
| 80900 Charitable Contributions-Gifts | ||
| 81020 Transportation Services | ||
| Total 80000 Administrative | $38,654.87 | $320,815.73 |
| Total Expenses | $261,001.06 | $2,779,532.38 |
| Net Operating Income | $426,293.02 | $2,125,607.08 |
| Other Income | ||
| 91000 Other Income | ||
| 91050 Interest Income | $168.28 | $1,388.26 |
| 91500 Sales - ATM Sales | $2,038.75 | $18,798.75 |
| 91550 Advertising – Rebates/Revenue Share | $15,263.55 | $15,263.55 |
| Total 91000 Other Income | $17,470.58 | $35,450.56 |
| Total Other Income | $17,470.58 | $35,450.56 |
| Other Expenses | ||
| 92000 Other Expenses | ||
| 97050 State Income Taxes - Current | ||
| Total 92000 Other Expenses | — | $20,000.00 |
| Total Other Expenses | — | $20,000.00 |
| Net Other Income | $17,470.58 | $15,450.56 |
| Net Income | $443,763.60 | $2,141,057.64 |
Balance Sheet
As of September 30, 2026
Total assets
$4,842,640.99
Balanced to the penny
Cash
$1,470,091.90
operating account
Inventory
$1,391,142.52
on the shelf
Vendor bills
$1,347,066.48
accounts payable
Equity
$3,634,334.66
owners' stake
Assets
| 10001 | VELTISTE LLC-7180 | $1,470,091.90 |
| 10002 | Escrow Account Mandated by State | $50,000.00 |
| 13250 | Inventory | $1,391,142.52 |
| 15500 | Cumulative - Sweed Sales in Transit | ($57,562.32) |
| 17070 | Furniture & Other Equipment | ($15,129.00) |
| 17090 | Buildings/Improvements | $1,879,097.89 |
| 19003 | Loan to BPMD | $125,000.00 |
| Total assets | $4,842,640.99 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,347,066.48 |
| 20500 | Credit Cards | ($49.00) |
| 20501 | Liam LLC CC | $4,025.79 |
| 20502 | EASY Chase Credit Card | ($14,540.95) |
| 20503 | Frontier Credit Card | $911.09 |
| 22500 | Sales Taxes Payable | ($250,502.11) |
| 22701 | 401k Payable (Guideline) | $63.66 |
| 22702 | Employee Benefits - Medical/Dental/Vision | ($30,165.03) |
| 23101 | SUP Development - Start Up Loan | $145,267.69 |
| 23102 | Kuntal Shah Loan Payable | $6,228.71 |
| Total liabilities | $1,208,306.33 | |
| 32102 | Shareholder 1 - Contributions | $11,396.96 |
| 32600 | Retained Earnings | $1,481,880.06 |
| Net income, year to date | $2,141,057.64 | |
| Total equity | $3,634,334.66 | |
| Total liabilities and equity | $4,842,640.99 |
Cash Flow
September 2026
Change in cash
$35,428.17
August to September
Opening cash
$1,434,663.73
August
Net profit
$443,763.60
accrual basis
Working capital
($359,518.60)
inventory, bills, tax
Closing cash
$1,470,091.90
September 30
Where the cash went
September 2026
| Cash at August | $1,434,663.73 |
| Net profit for the month | $443,763.60 |
| Inventory | ($249,619.17) |
| Sweed sales not yet deposited | $197,871.02 |
| Vendor bills | ($273,238.75) |
| Sales tax payable | ($34,531.70) |
| Benefits payable | ($25,615.96) |
| Cards and owner advances | ($23,200.87) |
| Change in cash | $35,428.17 |
| Cash at September 30 | $1,470,091.90 |
Notes
September 2026
How the month went
September brought in $1,490,711.70 of net sales and kept $443,763.60 of it, a 29.8% real margin. Gross margin landed at 46.1%.
Year to date Veltiste is at $11,998,532.82 of net sales and $2,141,057.64 of net profit, a 17.8% margin on 40.9% gross.
Sales match the Sweed register to the penny. The cumulative timing account carries the difference between what rang up and what hit the bank, so revenue, cost of goods and sales tax all tie back to the POS.
Still open
| Inventory | Sitting at $1,391,142.52. Working through the duplicate transactions before anything gets adjusted. |
| Chase card | Payments are on the books, the charges behind them are not. Need the statements or the login. |
| SUP loan | Balance at $145,267.69. No 2026 interest posted yet. Need the terms so it can post monthly. |
| Liam card | $4,025.79 sitting in Veltiste that belongs in Liam. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified