April 2025 Income Report: $2,464.62 Net Profit

Contagious Optimism

April was another good month. We came close to matching March in revenue, but we did a lot better in net profit which is all that matters.

Part of that is because I got reimbursed for a bunch of inventory that Amazon lost. I’ll discuss that some more later because the accounting confused me.

And if you’re interested in reading the previous month’s income report, check out the March 2025 income report.

Profit and Revenue for April 2025

Total Revenue: $7,558.45 (includes eBay revenue but not the inventory reimbursements)

Items Sold: 193 (does not include inv. reimbursement)

COGS: $2,810.25 (includes reimbursement)

Biz Expense + AMZ Fees: $2,771.18 (includes inv. reimbursement)

Net Profit: $3,318.90 (includes inv. reimbursements)

2025 Net Profit: $11,722.88

Pretty sweet to cross the $10k net profit month before the year is halfway over. My goal for this year is to hit $25k net profit (which would be over six figs in revenue).

My accounting got weird when trying to figure out inventory reimbursements.

Amazon did an initial reimbursement batch. But then they sent a bunch of individual reimbursement transactions. I had to do some addition. As I write this now it does not sound that hard but it was confusing when I was doing it. You had to be there.

As far as I know, these numbers are accurate. But this is a one man show and there’s a good chance I messed something up.

Inventory Sold

I sold out of a lot of my good OA inventory and I have not replenished due to a few factors:

The first was a gut punch and that the brand ended the deal I was using to source.

I was doing 200% ROI on a bundle in addition to 15% cash back from TopCashback. But nothing lasts forever and I’ll be checking on the website to see if the deal ever comes back.

In hindsight I wish I had bought WAY more but I was able to do a few thousand in sales off each of the two ASINs that the deal gave.

Only 10% of my sales were from books. I think May will be a quieter month since I’m switching gears and focusing on seasonal textbooks. I’ll also be selling some of my Legos that have appreciated to a 50% or greater ROI and hopefully stay ungated for Q4.

April Reflection

I thought sales would slow down but it was another good month. But I am convinced that will see some slow down in May - July.

Part of me thinks I’m doing well and the other part of me knows I could be doing A LOT more on the OA/RA side of the house to get some year round deal flow going. Depending how the textbook season goes in August I’ll have to recalibrate my approach.

I have a few hundred ASINs that I’m going to be manually sourcing for the textbook season. I don’t really know the best way to look through them other than throwing it in Keepa product viewer and just staring at charts for a few hours.

I am categorizing the listings between high, medium, and low demand. I don’t really know what that will get for me but we’ll see. I should probably write some code to automate this part for me.

This is a great business because it’s a dumb business. By that I mean you buy low and sell high.

No algorithms or complicated technology architecture required, just pure left side of the bell curve “buy if price low, sell when its high”. If you put in effort sourcing you’ll probably see results. Some days I feel great about what is going to come and some days I feel like a huge ding dong and a failure blah blah blah.

The best way to crush those feelings is to pick up the phone and start dialing (source deals).