March was a successful financial month within eXpand! Thanks to our colleagues from previous semesters! Now it is our turn to continue with this development.
Turnover
In March we achieved 42.500€ in terms of sales which is positive in comparison to previous months. Between the months of December 2021 and January 2022 we only reached a turnover between 15.000€ and 20.000€. Some of the possible reasons for this could be the Corona pandemic and school vacations. Despite the impact of COVID19, eXpand has been presenting solid financial results.
Sales Categories
In this semester we agreed to fix four different sales categories with our partners at Consulting. We strongly emphasise on Digital transformation as a high potential segment in the future. The four categories can be seen in the figures: Consulting services, Market analysis, Digital transformation, and Specials – and how they developed over the last four years. The figures represent high performance in Consulting services in which we also received the highest share. It also results that Market analysis is increasing. Furthermore, in digital transformation a stable development can be seen, and high potential is predicted because of the importance of this area. No turnover was reached in the fourth category Specials this year as no special Consulting Services were offered. A special offer for an Online Trading Day in April is already in place.
The best customers 2022
The top customers from January until March were
- InteriorDesign Harry Lohner KG
- Drahtesel GmbH
- Baden Consulting Unternehmensberatung GmbH
- Future Bräu – Freistädter Getränkehandel GmbH
We are looking forward to generating further partnerships.
Expenses and Profit
In March and April 2022, we are showing total expenses of 29.068 €. Thereof 93% were personal costs and only 7% were other expenses. So far, we have a profit of 13.374€. To keep this, we intend to push our sales with additional marketing activities.
Recommendations
It is our major concern to achieve our targets and to steer our company into the right direction. Therefore, we will monitor our development closely and recommend concrete actions in case of deviations.