Profit and Loss
What is EBIT Growth and why is it Important for Businesses?
When looking to assess your business’ financial performance, one of the most important metrics to keep in mind is EBIT...
Total Revenue: A Clear Guide for Businesses
For businesses, total revenue is indispensable. It’s not just a number; it’s a reflection of your business’s financial health and...
What is Total Cost: A Definitive Guide
Total costs refer to the overall business costs and expenses incurred when creating goods or services. Everything that your business...
What is the Profit and Loss Forecast Report?
Why is this sandwich being measured? Read on to find out. This week we take a look at the profit...
A Guide to the Profit and Loss Statement (P&L)
The Profit and Loss Statement is probably THE most confusing of the big three financial reports. But why is it...
The Ultimate Guide to the Three Financial Statements
Financial statements are the backbone of any business, providing a snapshot of its financial health. The three primary financial statements...
What is Sensitivity Analysis in Finance?
Financial forecasting & modelling is all about trying to predict the future of your business and sensitivity analysis is just...
Key Financial Reports to Share with Your Board
As a new business or start-up, there will be some big meetings ahead with your board and shareholders. Without financial...
What is a 3-Statement Model?
A well-built 3-Statement Financial Model helps insiders and outsiders see how various activities of a firm work together to see...
Understanding Profit vs Cash Flow
Ever wondered how a business can be profitable but run out of cash? In this article, we cover what is...
How to Account for Bad Debt
In this article, we tackle the concept of bad debt - what it is, how to prepare for it, and...
What Goes into the Income Statement (with examples)
A profit and loss statement, also called an income statement, shows the revenue and expenses of a business, broken down...
What are Operating Profits and How to Calculate Them
Operating profit is one of the most important lines on the profit and loss (income) statement. In this article, we...
Gross Profit vs Net Profit Explained: Differences and Examples
Struggling with all the different types of profit in the profit and loss report? Well in this article we break...
Revenue vs. Profit: What’s the Difference?
New to the profit and loss statement? Getting confused with all the terminology? Well, fear not! In this article, we...
Free Profit and Loss Statement Template
Get a free profit and loss template on us! Claim your template in this article, which features: equations to calculate...