Satopia
Weekly Report
Satopia Group · Week commencing 25 May 2026 · W22
Red Week
Red Week The Read · 30 May 2026

Bookings have effectively stopped. Cash runs out in July unless we act.

May brought just €3,082 against a €672k target — leaving YTD at €822,555, only 20% of the annual €4.2M. The month ran an operating loss of €53,057, and while escrow shows +€6,841 on paper, guest credits pull it to −€48,442. At current burn, about one month of runway is left.

Q2 Booked €164,590
9% of €1.85M target
Cash Reserves €99,000
Last reported 1 May · 1mo runway
Operating Profit −€53,057
May · −50% margin
Forecast · This Month mock €248,400
Deals expected to close this month · at 30%: €74,520
Total Open Pipeline €1,642,900
  • Hosted Experience€812,400
  • Privé Experience€515,000
  • Elkemist™€315,500
At 30% conversion: €492,870
What To Do Now Prioritised Actions Based on this week's data
01 Urgent Unblock the Ol Jogi Kenya red flag.
Departs Feb 2026 with €236,075 booked but flagged. Largest single trip with a near-term departure window. Decide: re-position, re-price, or accept underperformance.
02 Urgent Cash position requires a plan before July.
Net Cash Position turns negative in July and worsens every month after. With Cash Reserves at €99k and runway estimated at one month, this is the constraint on every other decision. Options: accelerate collection, defer COGS, or open a bridge facility.
03 This Week Move stalled pre-launches to Booking Open.
Dominique Crenn Mexico (Nov '26) and Joali Maldives (May '26) sit in Pre-Launch with €0 booked. Each week shortens the selling window — set a hard date this week for both to move.
04 This Week Reconcile the six CHECK rows in the sheet.
Gross Profit %, Operating Profit, Net Cash Position, Cancellation Rate, Cancellation Value, and No. Team Members are flagged for review. Some of the most important numbers depend on those rows being correct.
01 Weekly Accomplishments A running record · contributes to the annual view
02 The Year At A Glance Booking velocity · Cash trajectory
Booked Revenue · monthly
Booking velocity vs target
January exceeded target. Every month since has fallen below.
Actual booked
Forecast
Monthly target
Net Cash Position
Cash trajectory FY26
On operating cash alone we turn negative in June. Reserves only buy until July.
Excluding reserves
With reserves
Cumulative
Booked revenue vs target pace
The gap is where the year is being lost.
Cumulative booked
Target pace
Cash position
From healthy to underwater
Escrow is above projection, but credits and COGS exposure pull the position negative.
03 Business KPIs May · YTD · trend
Booked Revenue
May 2026
€3,082
0.5% of €672k target
YTD 2026
€822,555
20% of €4.2M FY target
Cash Reserves
€99,000
Last reported 1 May. Runway 1 month at current burn.
Cash Revenue
May
€105,567
YTD
€928,475
COGS
May
€80,340
YTD
€888,088
OPEX
May
€98,262
YTD
€454,903
Gross Profit check
May · 32% margin
€34,163
YTD · 39% margin
€359,175
Operating Profit check
May · −50% margin
−€53,057
YTD · −131% margin
−€1,074,968
Net Cash Position check
May ending
€151,282
FY26 forecast
−€476,802
Quarterly Pace
Q1 closed
65%
€658k of €1.01M · gap €350k
Q2 current
9%
€165k of €1.85M · gap €1.68M
Q3
0%
€378k target ahead
Q4
0%
€966k target ahead
04 Sales Forecast · What To Sell Gap to target · by quarter

The number under each quarter is what still needs to be sold to hit target. Q2 is live and €1.68M short with weeks left in the window — that's the priority. Q3 and Q4 open with the full target still to sell; pre-launch trips need to convert to Booking Open now to build a pipeline.

Q1 Closed
Gap to target
€0.35M
€658k of €1.01M · 65% sold
Q2 ● Live now
Gap to target
€1.68M
€165k of €1.85M · 9% sold
Q3 Opens soon
Gap to target
€0.38M
€0 of €0.38M · 0% sold
Q4 Opens soon
Gap to target
€0.97M
€0 of €0.97M · 0% sold
Trip Portfolio · What's In The Pipeline FY26 departures · bar = selling window · ticks = departure
Trip
JanFebMarApr MayJunJulAug SepOctNovDec
Status
05 Product KPIs · Escrow Position Healthy in isolation. Underwater after guest credits.
Escrow Balance · Total
€6,841
▲ €2,381 vs last week · €24,127 expected, €30,191 actual
EUR
€4,447
vs €6,083 expected
USD
$2,816
vs $21,228 expected
GBP
£0
vs £0 expected
Guest Credits
€55,283
Unchanged from last week. Reduces escrow position to −€48,442.
Outstanding COGS
−€161,628
Forecast supplier payments. Worsened €5,281 since last week.
Margin On Hand
−€44,968
Unrealised margin position. Worsened €5,281 since last week.
FX reference
Sheet rate USD:EUR
0.850
Live ECB USD:EUR
0.921
Sheet rate is 7.7% below market. Consider updating before converting USD to EUR — your model is understating USD value.
06 Boards · Risk · Roadmap · Marketing · Goals
Risk Management
Live in Asana
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Product Roadmap
Upcoming deadlines
→
Marketing Calendar
This month's schedule
→
Quarterly Goals
Goals & milestones
→
Data flagged for review this week: Gross Profit %, Operating Profit, Net Cash Position, Cancellation Rate, Cancellation Value, No. Team Members. These rows currently sit at CHECK in the source sheet — treat the numbers above with caution until reconciled.