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WTF is an INCOME STATEMENT (for BEGINNERS)

For more on how to analyze an income statement 👉 https://www.appeconomyinsights.com/p/... 📊 Unlock the secrets of financial statements and become a pro at reading and analyzing them, whether you're an investor or a business owner. Join us as we break down the Income Statement from scratch and reveal the essential components for understanding a company's performance. 🤓 We'll demystify the Income Statement and unveil the critical elements necessary for evaluating a company's financial health. Boost your financial acumen and gain a competitive edge! 🚀 You'll learn: ✔️ The purpose of the Income Statement ✔️ Key components: Revenue, Expenses, and Net Profit or Loss ✔️ Real-life examples using Apple's financial data ✔️ The structure of a standard Income Statement More videos are coming to help you analyze financial statement like a pro! 🔔 Subscribe and hit the notification bell to stay updated on our latest videos on tech, finance, and investing! ⏱️ Timestamps 00:00 Introduction 00:46 3 Financial Statements 01:22 Income Statement Intro 01:59 Apple Example 03:06 P&L Standard Structure 03:31 Revenue Breakdown 03:50 Expenses Breakdown 04:28 Net Profit or Loss 💬 Join the conversation & stay up to date ▪ Twitter Stephanie →   / stephr_wong   Bertrand →   / economyapp   ▪ LinkedIn Stephanie →   / stephrwong   Bertrand →   / bertrandseguin   📝 Resources ▪ More charts and analysis from App Economy Insights: 👉 https://www.appeconomyinsights.com/ ▪ Review Apple's most recent earnings: 👉 https://www.appeconomyinsights.com/p/... Please note any statements made here reflect OUR opinions and not our employers, including Google.