December 2022 Financials | Episode 120
When I first pulled the profit and loss statement for this month, I was disappointed because the profit was lower than I was hoping. Then I dove into the numbers and felt much better. All-in-all, this is actually one of the best months we have had in a while. Craig and I will go over all the details so make sure you listen to learn what made the difference.
What To Expect From Episode 120
We start off the episode by talking about a driver we let go at the beginning of the month. We learned some lessons that we’ll discuss that will hopefully help you avoid some of the same mistakes. Here are the highlights for the month.
- Total miles ran – 80,998 (A new record, celebrate the wins)
- Deadhead miles – 4,937 (6.1%, Decent)
- Total revenue – $194,233.65 (Much better than the last two months, also a record, but we need to keep working on pushing that number higher)
- All-in rate-per-mile – $2.39 (Getting closer to being respectable)
Haulin Assets realized a profit of $7,746.33. Not where we want things to be, but when we break down the P&L you will see why the number is really better than that.
Overall, I would say this was our best month in quite a while, especially considering Christmas week and that rates really were not that good for December, really for any month, let alone December. We also had quite of few anomalies this month that we talked about during this episode.