Why High Revenue Doesn’t Guarantee Profit: How BRO GLASS Regained Financial Control with Finmap
Building a scalable business is impossible without strict control over the numbers. In this case study, we explore the journey of BRO GLASS — a premier manufacturer of insulated glass units (IGUs) that transitioned from "uncontrolled funds" to a precise understanding of unit costs and profitability by implementing professional management accounting.
The Business & The Path: From Launch to Large-Scale Projects
BRO GLASS is a key player in the glazing systems market. Under the leadership of founder and CEO Taras Sapak, the company has grown over 2.5 years into a high-capacity production business with two specialized manufacturing sites.
- Scale and Capacity: The primary facility is located in Brovary, Ukraine. The production line utilizes state-of-the-art equipment from Lisec, a global leader, allowing the company to manufacture glass units of any technical complexity.
- The Product: BRO GLASS specializes in energy-efficient, solar-control, impact-resistant, and structural facade glass units.
- Project Portfolio: Focused on the B2B segment, the company provides glazing for major residential developments, including landmark projects like the "Varshavsky" and "H2O" residential complexes.
Financial Transformation: Bringing Order to Production Chaos
The company's primary challenge was managing the transition from aggressive operational growth to financial maturity.
Life Before Finmap: Management Without Data
For the first two and a half years, formal management accounting was non-existent. Decision-making relied almost exclusively on bank statements:
- The Owner’s Burden: Taras managed finances personally, but his oversight was limited to monitoring daily account balances.
- Limited Accounting: The accounting team focused strictly on tax compliance and operational payments without analyzing the company's overall financial health.
- Intuitive Management: "Money came in, and we spent it on materials and salaries. On an intuitive level, I felt something was wrong," the founder recalls.
The Trigger: The Revenue-Profit Gap
The turning point was the realization that high revenue was not translating into available cash.
- Growth Without Liquidity: Despite high order volumes and constant production, the company lacked the funds to reinvest in growth, such as upgrading the vehicle fleet or purchasing new machinery.
- "Running in Place": Revenue was immediately consumed by material costs, creating a deceptive cycle of success without real net profit.
The Transition: Overcoming Barriers
Implementing a systematic accounting framework with a Virtual CFO took three months.
- Choosing the Tools: After weighing the pros and cons of traditional spreadsheets, the company chose Finmap for its modern, user-friendly interface and real-time clarity.
- The Data Challenge: Extracting historical data was the most difficult stage. The team had to "start from scratch" to organize fragmented financial records into a cohesive system.
- Remote Collaboration: Despite initial doubts about the online format, the professionalism of the Virtual CFO, Oleksii, ensured a smooth transition and the successful structuring of complex production costs.
The Result: Clarity and Control
The collaboration provided BRO GLASS with a new level of financial intelligence:
- Full Transparency: The owner can now track every cent—where capital enters the business, where it is held, and exactly how it is spent.
- Precise Unit Costing: A comprehensive model now breaks down the exact cost components of every product, ensuring every contract is profitable.
- P&L and Cash Flow Mastery: Management now distinguishes between "cash on hand" and "actual profit," eliminating the risk of accidental overspending.
- The "Drone View": A bird’s-eye view of the business identifies weak spots and overpayments, enabling data-driven decisions on cost-saving or reinvestment.
Now, I sleep a little worse because I see the real financial picture. Но thank God I see it—a little longer, and we would have ended up in much deeper trouble, -concludes Taras.
Why Every Production Owner Needs a Virtual CFO
The BRO GLASS story proves that high revenue can hide deep systemic issues. A Virtual CFO is your strategic partner in transforming operational chaos into a predictable financial machine:
- Move from Intuition to Facts: Gain a "drone view" of your business. Make decisions about new machinery or facility expansion based on hard data, not gut feelings.
- Master Your Unit Costs: Finally understand your true margins by calculating the exact cost of every unit produced.
- Expert Guidance: Benefit from a specialist who clears the "financial mess" and builds a model where every cent contributes to your company’s valuation.
Ready to stop "running in place" and start maximizing the profit from your production?
Book a free consultation with our Virtual CFO today. We will analyze your current processes and identify your specific growth opportunities.




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