Re: Feb bonus

Hello All,

below is a snip from our planful reporting for cincinnati for February
results, please let me know if you have any questions, i'm not sure what
the original ask is, but this should have a summary of all relevant results
for Feb

 Cincinnati
Account Actual          MoM
Dec-24  Jan-25  Feb-25    Var  Var %

Caregiver Revenue             718             740             678
(61)    (8.3)%
Surcharge Revenue                 5                 7
8
1 8.2%
Revenue             723             747             686           (61)
(8.1)%

Cost of Sales:
Caregiver Wages             368             370             340
30 8.0%
Other Caregiver Costs               58               69
61
8 11.1%
Total Cost of Sales             425             438             401
37 8.5%

Gross Profit             297  $308  $285           (23)     (7.6)%
Caregiver Margin       48.8%       50.0%       49.9%     (0.1)%
Gross Profit Margin       41.1%       41.3%       41.6%   0.2%

Total Operating Expenses  $107  $120  $100            19 16.2%

AEBITDA  $190  $189  $185             (4)     (2.1)%
AEBITDA Margin         26.3%         25.3%         26.9%   1.7%

Monthly Stats:
Client Count               93               94               90
(4)    (4.3)%
Billed Hours       19,036       19,995       18,398     (1,597)    (8.0)%
Billed Hours Per Day             614             645             657
12 1.9%
Billed Revenue Per Day       23,157       23,863       24,231          369 1.5%

Paid Wages Per Day       11,864       11,922       12,139        (217)
(1.8)%
Billed Rate  $37.7  $37.0  $36.9       (0.12)    (0.3)%
CG Paid Rate  $19.3  $18.5  $18.5         0.01 0.1%

On Thu, Mar 13, 2025 at 4:10 PM <jamie.laurinovics@thekey.com> wrote:

> Good evening, Will,
>
>   My apologies for the delay as I just returned from a doctor appointment.
> While I can confirm these percentages for February as correct in NetSuite,
> I am copying FP&A to reply from the Planful side. @FPA <fpa@thekey.com>,
> please note this is an urgent request.
>
>
>
> *Thank you,*
>
>
>
> *Jamie Laurinovics*
>
> Assistant Accounting Manager | *TheKey*
>
>
>
> <http://www.thekey.com/>
>
>
>
> *From:* Will Reid <wreid@thekey.com>
> *Sent:* Thursday, March 13, 2025 1:52 PM
> *To:* Laszlo Kovacs <laszlo.kovacs@thekey.com>
> *Cc:* jamie.laurinovics@thekey.com; Steve Sudberry <ssudberry@thekey.com>;
> Geraldine Nath <geraldine.nath@thekey.com>; Timothy Thomas <tt@thekey.com>
> *Subject:* Re: Feb bonus
>
>
>
> Thanks Laszlo.
>
>
>
> Jamie, please confirm asap. I have a lot of people standing by.
>
>
>
> Thank you!
>
>
>
>
> *Will Reid*
>
> Partner | *TheKey*
>
> Mobile: 513.707.2304
>
>
>
> <http://www.thekey.com/>
>
>
>
>
>
>
>
> On Thu, Mar 13, 2025 at 4:20 PM Laszlo Kovacs <laszlo.kovacs@thekey.com>
> wrote:
>
> Hi Will,
>
>
>
> Looping in Jamie to speak to your question.
>
>
>
> Thanks!
>
>
>
> *From:* Will Reid <wreid@thekey.com>
> *Sent:* Thursday, March 13, 2025 1:52 PM
> *To:* Timothy Thomas <tt@thekey.com>; Laszlo Kovacs <
> laszlo.kovacs@thekey.com>
> *Cc:* Steve Sudberry <ssudberry@thekey.com>
> *Subject:* Feb bonus
>
>
>
> Laszlo,
>
> I received your message that Feb is closed. Feb EBITDA for our Cincinnati
> office is 26.1% per Planful today. Is this the final number for bonus
> calculations?  The OFFICIAL caregiver margin in Tableau is not populated in
> Tableau. Planful shows 50% Is this the final number for bonus calculations?
> How do I get confirmation today?
>
>
>
> Thanks,
>
>
>
>
>
>
>
> *Will Reid*
>
> Partner | *TheKey*
>
> Mobile: 513.707.2304
>
>
>
> [image: Image removed by sender.] <http://www.thekey.com/>
>
>
>
>

Thanks,
*Joel Reyes*
Senior Financial Analyst