# FCCS Net Income Variance Analysis
## Entity: FCCS_Total Geography
### Summary
**FY25 YTD (Full Year):** $(6,285,631.23)
**FY24 YTD (Full Year):** $(9,638,049.91)
### Variance Analysis
| Metric | Value |
|--------|-------|
| **Absolute Variance** | $3,352,418.68 |
| **Variance %** | 34.8% improvement |
| **Direction** | Favorable (reduced loss) |
### Key Findings
1. **Performance Improvement**: FY25 shows a significant improvement over FY24, with net income loss reduced by $3.35 million (34.8%).
2. **Trend**: The company reduced its net loss from $(9.64M) in FY24 to $(6.29M) in FY25, representing a favorable variance of $3.35M.
3. **Magnitude**: The improvement represents a 34.8% reduction in net loss year-over-year.
### Period-by-Period Comparison
| Period | FY25 | FY24 | Variance |
|--------|------|------|----------|
| January | $(2,807,253.86) | $830,378.88 | $(3,637,632.74) |
| December (YTD) | $(6,285,631.23) | $(9,638,049.91) | $3,352,418.68 |
**Note**: The December period represents cumulative YTD values. The variance shown is the difference between the full-year YTD figures.
### Recommendations
- Continue monitoring monthly trends to ensure the improvement trajectory is maintained
- Investigate the factors contributing to the improved performance in FY25
- Consider applying successful strategies from FY25 to further improve results
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*Generated on: $(date)*
*Data Source: FCCS Application - Consol Plan Type*
