Financial Summary

Trailing 12-Month Performance (May 2025 – April 2026). Includes impact of two major customer transitions and non-recurring below-the-line items. Core operations show strong positive operating income.

Profit & Loss Statement

May 1, 2025 – April 30, 2026

Category Total (USD)
Total Revenue $8,564,611.39
Cost of Goods Sold (COGS) $7,324,434.76
Gross Profit $1,240,176.63
Total Operating Expenses $1,057,688.00
Net Operating Income $182,488.63
Other Income / (Expenses)
Includes interest on equipment financing and residual rent/utilities from prior facility. Non-recurring as old lease has ended.
 $(121,274.26)
Net Income (after non-recurring items) $(60,260.89)

Balance Sheet

As of April 30, 2026

Assets Total (USD)
Current Assets $791,255.44
Fixed Assets $1,706,234.26
Other Assets $32,541.62
Total Assets $2,530,031.32
Liabilities & Equity Total (USD)
Current Liabilities $795,862.41
Long-Term Liabilities $2,416,498.87
Total Liabilities $3,212,361.28
Total Equity $(682,329.96)
Total Liabilities & Equity $2,530,031.32

CFO Analysis: Reading These Numbers Correctly

  • ▸ Operating Income ($182K): The true measure of operational health. A USDA/SQF-certified facility generating positive operating income at $8.6M revenue is a strong platform baseline.
  • ▸ Below-the-Line ($121K loss): Entirely composed of interest expense on equipment financing and residual overhead from the prior facility lease — both non-recurring as the transition is complete.
  • ▸ Customer Transition Impact: The L12M period includes the loss of two high-volume price-sensitive accounts (812 Supermercado and La Mexicana Elroy, ~$1.88M combined). Their exit is replaced by PAK-driven institutional channel expansion — a structurally stronger mix with better margin profiles and lower collection risk.
  • ▸ Negative Equity: Common for asset-heavy, owner-operated food manufacturing businesses. The $1.7M in Fixed Assets (equipment, facility) represents real collateralizable value.
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