Prosynergy

Bookkeeping & Financial Insights

May 2026 Insights for JM Logistics II

Prepared by Sahil · Prosynergy Bookkeeping

Key Metrics — May 2026

Revenue

$30,474

↓ from $157,771 in Apr

Net Income

($1,119)

↓ from $123,409 in Apr

Cash in Bank

$7,437

↓ from $13,267 in Apr

Profit Quality Score

0.79

⚠ Apr: cash slightly lagged earnings

"May was a grind-it-out month as material costs surged — but with debt coming down and summer volume building, the fundamentals point toward a stronger June."

Three Power Insights

May's Slim Margins Are Normal — April Was the Exception

Material costs ate 87 cents of every revenue dollar, pulling gross margin to 12.7% — but April was inflated by a one-time equipment rental with near-zero COGS. Strip that out and May looks like a standard delivery month. The lever to watch as summer volume builds: whether revenue grows faster than material costs.

→ Track gross margin monthly. A move toward 20%+ means you're scaling revenue ahead of materials.

$26,971 Is Sitting in One Customer's Pocket

Ben Weaver's Invoice 1279 is 68% of total receivables and still current — but with cash at $7,437, any delay puts you in a tight spot. It's the single biggest cash event of June.

→ Confirm terms on Invoice 1279 and follow up by June 15 if payment hasn't arrived.

Debt Is Shrinking and the Repair Spike Is Behind You

Ford Credit dropped to $20,837, Wells Fargo is fully paid off, and vehicle repairs fell from $17,476 in March to just $480 in May. Two earlier headwinds are now tailwinds — more of future revenue can reach the bottom line.

→ No new repair budget needed near-term. Keep an eye on the flat Farm Credit loan ($32,375) for a payment plan.

P&L Summary — 4-Month View

Line Item	Feb 2026	Mar 2026	Apr 2026	May 2026	4-Mo Avg
Revenue	$23,557	$14,854	$157,771	$30,474	$56,664
COGS	$9,468	$13,134	$15,124	$26,604	$16,082
Gross Profit	$14,089	$1,720	$142,648	$3,870	$40,582
Gross Margin %	59.8%	11.6%	90.4%	12.7%	43.6%
Operating Expenses
Professional Fees	$861	$685	$685	$1,029	$815
Insurance	$8,924	$2,229	$2,496	$2,248	$3,974
Vehicles & Equipment	$3,341	$18,676	$14,719	$480	$9,304
Office & Software	$2,204	$11	$11	$11	$559
Payroll	$1,173	$1,466	$1,173	$1,173	$1,246
Bank Fees	$0	$2	$0	$49	$13
Total Operating Expenses	$16,502	$23,068	$19,083	$4,989	$15,911
Operating Income	($2,412)	($21,348)	$123,564	($1,119)	$24,671
Operating Margin %	-10.2%	-143.7%	78.3%	-3.7%	-19.8%
Net Income	($2,605)	($11,216)	$123,409	($1,119)	$27,117
Net Margin %	-11.1%	-75.5%	78.2%	-3.7%	-2.0%

Cash Flow Waterfall — May 2026

What This Means

▲ Revenue In: $30,474

Solid delivery month across 6 active customers.

▼ Materials + Ops: $31,593

Gravel and supplies (COGS) took 87% of revenue; overhead stayed lean at $4,989.

▼ Debt + Working Capital: $4,711

Ford Credit paid down on schedule; A/P reduced while Ben Weaver's $26,971 invoice sits in A/R.

● Ending Cash: $7,437

Functional but lean — Ben Weaver's collection is the June catalyst.

Key Accounts Snapshot

Cash — FBTC 9455

$7,437

↓ from $13,267

Accounts Receivable

$39,586

DSO: 39.0 days

↑ from $39,252 · all current or <30 days

Accounts Payable

$24,552

DPO: 27.7 days

↓ from $28,587 · Bluegrass Stone + Mike Sparks

Chase Credit Card

$1,520

↓ from $1,882 · paid on schedule

Ford Credit Loan

$20,837

↓ from $21,623 · paying down

Farm Credit Loan

$32,375

→ Flat month · no payment activity

Financial Health Ratios

Current Ratio

1.72

$1.72 in current assets for every $1.00 owed short-term. Healthy target: >1.5.

Quick Ratio

1.71

Even without inventory, liquidity is solid. Healthy target: >1.0.

DSO

39 days

Customers taking ~39 days to pay. Ben Weaver's large invoice drives this up. Watch target: <45 days.

DPO

27.7 days

Paying suppliers in ~28 days — prompt but not too fast. Healthy range: 20–60 days.

📅 Before Next Month

The Event

Ben Weaver Invoice 1279 — $26,971 outstanding, 68% of total A/R. The largest single cash inflow opportunity in June.

Estimated Impact

+$26,971 — would lift the bank balance from $7,437 to ~$34,400.

One Action Item

Confirm terms and follow up with Ben Weaver by June 15 if unpaid.

How helpful was this month's review?

This report was prepared by Prosynergy Bookkeeping based on data exported from QuickBooks Online. It is intended for internal management use only and does not constitute financial, legal, or tax advice. All figures are accrual basis. Please consult a licensed CPA or financial advisor for decisions based on this information.