How is a class’s Profitability calculated?
By looking at the class’s Earned Revenue minus the Teacher’s Payout for that class. (both will show on the class details page)
How is the Earned Revenue calculated?
From drop-in payments and subscriptions used to register for the class.
How is Earned Revenue calculated when Subscriptions and Packs are used?
If you have a $100 package of 10 credits, each credit is worth $10. This is the value of a booking from this customer using the package to book, even if the drop-in price of the class is $25.
With an Unlimited Membership, booking revenue is calculated as the price paid for the membership / the number of bookings this renewal.
In other words, as more bookings occur, this figure will continue to divide down by the number of bookings.
Where can I see which pay rate is assigned to a class and how that pay rate works?
To view the pay rate assigned, from the class’s Details page, click Actions > Edit this class > scroll to Studio Settings.
To look at how each pay rate works, click Studio Setup > Pay Rates. To learn more about Pay Rates here.