Monthly report · May 2026estimated
May had a return to profit.
- Revenue was $4,913, down 3.4% (−$171) on April, almost all from NTx Advertisements.
- Net income was $212, a +$443 swing.
- Gross margin narrowed to 70% (−3.1 pts): each sales dollar kept less after direct costs.
Revenue
$4,913
Down 3.4%vs Apr 26
Cost of goods sold
$1,494
Up 7.5%vs Apr 26
Gross profit
$3,419
Down 7.5%vs Apr 26
70% margin · −3.1 pts
Operating expenses
$3,207
Down 18%vs Apr 26
Net income
$212
Up +$443vs Apr 26
4.3% margin · +8.9 pts
Over the last 6 months
Are we making money?
Where the money came from
$4,913- NTx AdvertisementsDown 4.1%$4,186
85% of revenue · $4,364 in Apr 26
- NTx MembershipsFlat$726
15% of revenue · $720 in Apr 26
Mix by month
Where the money went
$4,701- Direct costs 30¢
- Operating expenses 65¢
- Profit 4¢
Direct costs$1,494
- PrintingUp 19%$928
$782 in Apr 26
- Subcontractor expensesDown 10%$485
$542 in Apr 26
- Merchant Account FeesUp 24%$80
$65 in Apr 26
Operating expenses$3,207
- Professional ServicesFlat$2,014
$2,014 in Apr 26
- Office & AdminDown 49%$736
$1,448 in Apr 26
- Contract laborDown 1.6%$457
$465 in Apr 26
Income statement
The full picture, line by line.
| Line | May 26 | Apr 26 | Change | 2026 to date |
|---|---|---|---|---|
| Revenue | ||||
| NTx Advertisements | $4,186 | $4,364 | −$178−4.1% | $18,595 |
| NTx Memberships | $726 | $720 | +$6+0.9% | $3,554 |
| Total revenue | $4,913 | $5,084 | −$171−3.4% | $22,149 |
| Cost of goods sold | ||||
| Printing | $928 | $782 | +$146+19% | $3,757 |
| Subcontractor expenses | $485 | $542 | −$57−10% | $2,441 |
| Merchant Account Fees | $80 | $65 | +$15+24% | $354 |
| Total cost of goods sold | $1,494 | $1,389 | +$105+7.5% | $6,551 |
| Gross profit | $3,419 | $3,695 | −$276−7.5% | $15,597 |
| Gross margin | 70% | 73% | 70% | |
| Operating expenses | ||||
| Professional Services | $2,014 | $2,014 | — | $9,832 |
| Office & Admin | $736 | $1,448 | −$712−49% | $5,578 |
| Contract labor | $457 | $465 | −$8−1.6% | $2,237 |
| Total operating expenses | $3,207 | $3,927 | −$720−18% | $17,647 |
| Operating profit | $212 | ($231) | +$443 | ($2,050) |
| Net income | $212 | ($231) | +$443 | ($2,050) |
| Net margin | 4.3% | −4.6% | −9.3% | |
Year-to-date figures include estimated months in this sample.