March 2024 Financials | Episode 152

Although we saw a slight improvement, the March 2024 financials turned out to be more like February than I would have liked. Considering the extra payroll, it really could have been worse. Hopefully we continue to see improvement as the year goes on.

What To Expect From Episode 152

Our trucks ran harder in March than they ever have, setting a new record for the most miles ran in a month. The high miles, however, weren’t enough to give us a meaningful profit. Here is how things looked:

• Total miles ran– 130,151 (New Record)
• Deadhead miles– 7,615 (5.9%, about the same as last month)
• Total revenue– $261,567.02 (Better than last month, but not as good as January)
• All-in rate-per-mile– $2.01 (I would have liked to have seen a little better number, hopefully we do in April)

Haulin Assets realized another baby profit of $4,199.19. That is double what we did in February, if we can double our net income every month for the rest of the year, I’ll be happy, okay, that’s not realistic, even we can do it for the next 4 months would be fantastic.

There wasn’t much in the P&L that really sticks out. You can check out the details below. The only thing outside of normal is an increase in fees for legal and professional services. That was mostly a payment to do the Haulin Assets taxes for 2023.

Profit and Loss Statement

Listen to the Full Episode