You can compare this month to the April 2025 Income report if you’re interested.
Can’t believe we’re already into June. May was a good month revenue wise but a bit lower than what I would have liked for the net profit.
I sent in a lot of inventory to Amazon in preparation for back to school and those fees took net profit down for May.
I may have started purchasing textbooks a bit too early, so we’ll see if that bites me in August. Worst case scenario I think I’ll still break even on books I bought too early. That would suck but would not be the end of the world.
Let's check out the numbers:
Profit and Revenue for May 2025
Total Revenue: $5,760.70
COGS: $2,853.81
Biz Expense + AMZ Fees: $2,077.05
Net Profit: $829.84
Profit per item: $6.01
2025 Net Profit: $12,552.72
Even though I had higher Amazon expenses than normal, I was still able to get close to $1,000 net profit. I’m trying to get to at least a $6 profit per item sold for general arbitrage items. I’m glad we were able to hit that number for profit per item sold.
I tried to exit out of inventory that didn’t pan out like I thought it would. I had a lot of orders that broke even or gained / lost a small amount. Happy to get my money back and try again on new inventory.
I also sold some retired LEGO sets for >80% ROI. I probably could hold until Christmas and get a better return. But my logic is that I can take a good profit and keep my Amazon account in good standing within the toy / LEGO category. Seems like a smart play to me.
Now it’s time to get ready for back to school and buy a lot of textbooks. I predict revenue will probably be 2-3k for June and July before things go crazy in August. We’ll see what happens.