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2/20/2025
<br />5
<br />SALES AND PROFIT COMPARISON 2024 -2023
<br />Year to Date 12/31/24 12/31/23 Increase
<br />(Decrease)
<br />Sales $6,974,491 $7,065,953 ($91,462)
<br />Less: purchases/cost of goods sold $5,118,693 $5,246,547 ($127,845)
<br />Gross profit $1,855,798 $1,819,406 $36,392
<br />Gross margin 26.60%25.74%
<br />Operating expense
<br />Salaries, wages, & benefits $894,913 $901,057 ($6,144)
<br />All other expenses $477,999 $540,468 ($62,469)
<br />Total operating expense $1,372,912 $1,441,525 ($68,613)
<br />Total expense as a percent of sales 19.68%20.4%
<br />Profit from operations $482,886 $377,881 $105,004
<br />Non-operating revenue/expenses ($159)$831 ($990)
<br />Net income/percentage $482,727/6.92%$378,712/5.34%$104,015
<br />5 -YEAR PROFIT HISTORY
<br />$418,734
<br />$450,477
<br />$493,618
<br />$378,712
<br />$482,727
<br /> $100,000
<br /> $150,000
<br /> $200,000
<br /> $250,000
<br /> $300,000
<br /> $350,000
<br /> $400,000
<br /> $450,000
<br /> $500,000
<br />2020 2021 2022 2023 2024
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