S
Slate

Operator briefing

Finance

What is healthy, what changed, and what to fix next.

Model refreshed2026-09-14
Partial month2026-09 through 2026-09-14

Month-to-date operating profit

-$1,939

Sep 2026 is profitable so far on $1,200 of recognized revenue. Treat this as a partial-month view, not a run rate.

Revenue MTD

$1,200

Recognized revenue

Cash

$1,674

Mercury balance

Outbound MRR

$10,200

Fixed retainers only

Gross margin

-123.0%

Current-month model

Do next

Ranked by impact and model confidence

4 open
  1. 1

    Map unattributed revenue

    $1,461

    Per-Client GP tab. Review

  2. 2

    Missing send attribution

    Russell Health

    Per-Client GP tab. Review

  3. 3

    Review transactions

    6

    Needs Review tab. Needs review

  4. 4

    Receipt cleanup

    21/857 attached

    $87,323 missing receipt PDFs. Needs cleanup

Largest unreviewed transactions

PAYMENT ESCROW I

2026-07-21 · revenue

$90

LATE FEE

2026-08-14 · revenue

$35

Client economics

Who needs help

Current paying clients, sorted by trailing-30-day delivery risk. Open a client to diagnose the underlying campaigns and costs.

Reconcile the MRR gap

The month-end finance model shows $10,200. The current paying roster shows $12,700. Check lifecycle status and billing terms.

-$2,500

6 clients need attention

Trailing 30 days

ClientSignalTermsRevenueDelivery costMargin
Ronin Equity Partners

onboarding

Needs revenue

no provisioned fleet recorded

No retainer$500 PPL$0$290%
Rellify

active

Margin at risk

Delivery margin is below 50%

$1,000/mo$300 PPL$1,000$53646%
OpsAnalitica

active

Data gap

no provisioned fleet recorded

$1,000/mo$300 PPL$1,000$2997%
Social Native

active

Data gap

no provisioned fleet recorded

$1,000/mo$300 PPL$1,000$2997%
JR Land & Haul

active

Data gap

no provisioned fleet recorded

$2,900/mo$2,900$2999%
Angela Moonan

onboarding

Data gap

no provisioned fleet recorded

$3,200/mo$3,200$2999%
ReadMe

onboarding

Healthy

Delivery margin is at least 65%

$3,600/mo$3,600$53685%

Trend

Revenue and profit by month

July is partial. Earlier months are complete.

Closed months

Last three P&Ls

A stable comparison without mixing in the current partial month.

Jun 2026

$5,528 profit

Revenue

$20,136

Gross margin

47.0%

Net margin

27.0%

Jul 2026

$15,860 profit

Revenue

$30,800

Gross margin

53.0%

Net margin

51.0%

Aug 2026

$3,561 profit

Revenue

$17,280

Gross margin

34.0%

Net margin

21.0%

Scale economics

CAC, payback, churn, and lifetime gross profit assumptions

CAC

$3,104

Spend per acquired outbound client

CAC payback

3.4 mo

Months of average client GP

Monthly churn

37.0%

Churn events divided by client-month exposure

30-day GP

$912

Average gross profit per client month

The floor uses realized tenure from churned clients. The steady-state case uses one divided by monthly churn and is optimistic while the client book is young.

Reference

Finance detail

Open these sections when you need the accounting trail or model assumptions.

Revenue and spend

Business lines, monthly source mix, and operating spend

Revenue by source

Outbound

58.1% of revenue

$65,670

OSG

3.8% of revenue

$4,320

AI Coaching

19.7% of revenue

$22,200

Automation

16.2% of revenue

$18,258

Unattributed

1.3% of revenue

$1,461

Referral

0.7% of revenue

$740

Unknown

0.2% of revenue

$200

Affiliate

0.1% of revenue

$106

Current-month spend

Client delivery COGS

2.2261 of revenue

$2,671

Sales & marketing OpEx

0.2632 of revenue

$316

G&A / overhead OpEx

0.0705 of revenue

$85

Taxes OpEx

0.0556 of revenue

$67

Other OpEx

0.0 of revenue

$0

MRR and recognized revenue

Fixed recurring retainers kept separate from cash-basis revenue

Monthly outbound MRR

MonthMRR
Apr 2026$11,060
May 2026$11,960
Jun 2026$10,800
Jul 2026$16,300
Aug 2026$10,200
Sep 2026$10,200

Recognized outbound revenue

TypeRecognized
Recurring Retainer$60,270
Recurring Performance / PPL$3,000
Setup Fee$2,400
One-Time Project$0
Unknown$0

Transactions needing review

6 items, ordered by financial impact

6
DateCounterpartyAmountCategoryWhy
2026-07-21PAYMENT ESCROW I$90revenueEDI PYMNTS marketplace/escrow payout, pending ID
2026-08-14LATE FEE$35revenueunrecognized — confirm classification
2026-08-14LATE FEE-$35expenseunrecognized — confirm classification
2026-09-08Twilio-$20expenseunrecognized — confirm classification
2026-08-20CR ADJ FOR FINANCE CHARGE$1revenueunrecognized — confirm classification
2026-08-20CR ADJ FOR FINANCE CHARGE$0revenueunrecognized — confirm classification

Churn history

13 churned of 19 lifetime clients, 1.6 month average tenure

Active roster

4

Current delivery clients

Churned

13

Lifetime outbound clients

Lifetime churn

68.0%

Currently churned share

Avg tenure

1.6 mo

Churned engagements

ClientChurnedTenureCategoryReason
Voltage Recall2026-02-102.2 mofitClient pivoted away from the dental recall offer, ending the cold-email engagement
Angela Moonan2026-04-223.2 mootherSpring engagement ended after a client-side conversion problem; later re-signed
ETI Pro Services2026-04-230.2 mofitMutual not-a-fit at kickoff; refunded; never launched
Brew Apps2026-05-141 modeliveryICP never dialed in (app builders, not buyers); 0 meetings
Russell Health2026-05-260.4 mofitClient cold feet; wound down pre-launch
Modus2026-05-291 modeliveryWound down after 0 positive replies across 69 replies and roughly 3.4K emails sent
Sitewise2026-06-111.1 modeliveryToo few meetings (1 on 8.5K sends); churned ~10 days post-launch
AllayAI2026-06-121 modelivery0 meetings on 8.8K sends + bounce kill-switch stall
Valuable Insight2026-06-251 mofitWrong channel: demand-capture offer, ~3K TAM, enterprise-heavy
OpsAnalitica2026-07-101.1 modelivery0 meetings during a short performance-priced validation; Slate offered stop or retainer before renewal, and the client chose stop
Social Native2026-08-133.7 mofitCold outreach did not produce results; Slate ended the engagement after determining the enterprise buyer pool was not a good cold-email fit
JR Land & Haul2026-08-273 mounknownClient gave notice on 2026-07-29 that it would not renew after the current billing cycle; no reason was stated. Paid service ended 2026-08-27
Angela Moonan2026-08-292.4 modeliveryClient paused on 2026-08-29 after $8,300 of spend produced only a few appointments and only a couple attended
Central Plastics2026-09-141.1 mofitEight positive responses and zero calls after one month of testing
P&L uses the finance snapshot Client health uses trailing 30-day delivery margins Review items remain unconfirmed until categorized