WTF is an INCOME STATEMENT (for BEGINNERS)

📊 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!

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⏱️ 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

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📝 Resources
▪ More charts and analysis from App Economy Insights:
▪ Review Apple's most recent earnings:

* Please note any statements made here reflect OUR opinions and not our employers, including Google.

[TimLukeAnderson]

sweet im a sub to the app economy insights i love these visual graphic diagrams and flowcharts very helpful and worth the $19/month subscription, i hope you continue to expand your packages and services to include more

[bcvxpgg]

Someone know which app do @EconomyApp use to make this Sankeys Diagrams?

[AseelAbdullah]

you are awesome guys
Students can apply their knowledge easily by showing visuals and a real example

Thank you so much
and hope to mention how all these info can affect the company's stock in your next eposide!

[surfele]

Awesome content! Please keep doing this videos

[chenfei]

very informative, thank you! Keep up the great work!

[mpgovinda]

This is brilliant. Keep up the good work!

[babumpb]

Awesome info to share. Thanks for simplifying. I love the way you simplify content for just 5 mins. Looking forward for next two videos 😀😀

[SamSaxtonArt]

2:23 Why not specify that this is a Sankey diagram? I had to google around in order to find the name of it in order to refer to it.

[xalil]

Awesome really! As a student on BI, wjat tool to use for a visual like that? Please

[nishants]

I was today's years old when I learnt how did top-line and bottom-line growth terms came to be! So very literal, ha!