Subject: Maple Lane Studio: June 2026 financial summary
Hi Maya,
Here's your June summary, a good month: revenue up, costs steady, and nothing unusual in the books.
June 2026 profit & loss (CAD)
| Revenue (client invoices) | $16,165.00 |
|---|---|
| Less: client refund (overbilling correction) | −$185.00 |
| Net revenue | $15,980.00 |
| Advertising | $310.00 |
| Contractor costs | $1,200.00 |
| Meals & entertainment | $152.35 |
| Office supplies | $238.09 |
| Rent / utilities | $1,544.35 |
| Software / cloud | $478.42 |
| Travel | $244.20 |
| Other expenses | $669.95 |
| Total operating expenses | $4,837.36 |
| Net profit | $11,142.64 |
What changed
Revenue was up about 12.5% from May ($14,200 → $15,980), all of it through client-invoice payments, worth confirming what drove the pickup so it can be repeated. Operating expenses grew a modest 5% ($4,610 → $4,837) with no one-off costs. Net profit climbed roughly 16% to $11,142.64, tracking the revenue increase since costs stayed close to flat.
Two items we flagged
- A $250 PayPal charge (June 16) had no description. We've parked it under Other Expenses. Reply with what it was and we'll categorize it properly.
- An unlabelled $400 e-transfer (June 24): same treatment, same ask.
This report uses CRA-aware formatting and is prepared for management use; please share it with your accountant for formal review.
Questions welcome. Just reply.
Vela Works Canada