July 2024 Financials Now Available
The July 2024 financial report is now available for review on the Treasure Lake website. Here are the key highlights:
- July Net Income: $14,695 compared to a $-68,727 loss in June 2023. A $83,422 improvement year over year (yoy)
- Year-to-Date (YTD) Revenue: Showing an increase yoy of $43,697
- Cost of Sales: Decreased by $45,400 yoy
- Operating Expenses: Reduced by $325,375 yoy
- YTD Bottom Line: A profit of $134,851, a significant improvement from the $274,608 loss in 2023, marking a $409,459 year-over-year improvement
The Board of Directors, our new General Manager, Steven Mills, and the Finance Committee are committed to improving our financial results every month. I believe you’ll agree that we are continuing to see significant improvement compared to the 2023 results. We appreciate your patience as we work to ensure our reporting is accurate before it is released.