Year‑on‑Year Gain
+£33,235
across the seven complete months
Commissions on vacation rentals for the full calendar year. Revenue is recognised on the guest check‑in date, so months still ahead of us understate — they fill in as bookings arrive.
First half tracking ahead of last year; the second half sits below 2025 only because those months are least complete, with August still 25 days from close.
Comparing only the months fully invoiced in both years — January through July, now complete. On a genuine like‑for‑like basis, this line is ahead of 2025.
The full‑year figure reads down only because Aug–Dec 2026 haven't checked in yet. Strip those incomplete months out and the line is running well above last year through the season so far.
Q1 and Q2 are complete and comparable. Q3 is part‑invoiced — only July has fully checked in — and Q4 has barely begun, so both read artificially low and will climb as bookings arrive.
| Quarter | 2025 | 2026 | Variance |
|---|---|---|---|
| Q1 Jan–Mar · complete | £71,439 | £71,324 | −£115 |
| Q2 Apr–Jun · complete | £101,841 | £135,294 | +£33,453 |
| Q3 Jul–Sep · part‑invoicedFilling | £124,794 | £86,967 | −£37,827 |
| Q4 Oct–Dec · barely startedFilling | £96,832 | £7,634 | −£89,198 |
| Full Year | £394,905 | £301,218 | −£93,687 |
Reading the numbers. Revenue lands on the Xero invoice date, which equals the guest check‑in date. Any month not yet fully checked‑in is understated and rises week to week — Q3 and Q4 2026 are incomplete, which is why they read below 2025 despite a strong first half. The genuine like‑for‑like comparison is the year‑to‑date view above. Through July, vacation rentals are +15.1% year‑on‑year.