How To Analyze an Income Statement

Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. My channel is meant for entertainment purposes only. I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don't invest money you can't afford to lose. There are no guarantees or certainties in trading or investing.

Hey, I'm Daniel Pronk and in this video I show you how to analyze and read a companies Income Statement. Income Statements are crucial to understanding a business and it's revenue. You can also tell what the business is writing off and what it's operational expenses are. Income statements really help you decide if a business is a good investment. In this video, I show you tricks and tips when looking at income statements, as well as some red flags.

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[zacharybrooks]

Sitting at my kitchen table taking monster notes and following along. I have been to investment conferences, consumed tons of audiobooks and content in the past, but your no-nonsense approach is so genuinely valuable. Thank you! Hope to see an analysis on cash flow soon.

[zwcdpeu]

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[robertsimmons]

Daniel, your videos are so well done and you present them so well. So young you are and yet so advanced in years when it comes to understanding business fundamentals and being able to walk others through in a very effective way. Keep up the good work, you truly are amazing!

[christianbutzek.realtor]

Thanks for putting this together, Daniel. I appreciate how simple, clear, and thorough this explanation is. Very well done!

[markguitang]

this is very helpful. one of the most straightforward financial guide videos on YouTube. Thanks👍

[elnino]

Thank you for taking the time to give us some very good and free knowledge. I’m sure everyone watching appreciates it as much as I do

[fightinggravity]

Been investing for a couple of weeks now. I follow a lot of channels, but learned the most of you Daniel. Thank you so much for all of your videos. Been analysing companies way better since discovering your channel, which gives me so much more confidence to invest.

[fevenj]

This is a very helpful Daniel. I love the way you make it so simple to understand. Thank you so much!

[nishee]

This is my first time watching this video. I learned the basics. The way you deliver and teach helps to register well in mind. Simple but profound full.

[kennyb]

These fundamental videos are key, started 8 months ago and these past 2 have posted my confidence 100%

[sachiwachi]

Thank you, thank you, thank you. In these moments I really appreciate the modern world and how information can be shared easily online. This was so useful in understanding what to look for in an income statement and what each heading means. If it weren't for you and others who post quality, easily-understandable information online I'm sure I would've struggled and stressed so much in my finance test tomorrow! So thank you again!

[marissayoung]

Thank you for making this video! You are very good at explaining this material. It's been a few years since my last accounting class and this was a great refresher!

[ABC-jqve]

You make these concepts so accessible and easy to understand. Thank you!

[programmingjo]

Brutally enlightening! Thank you so much. Solid simple explanation for a complicated subject. Keep up the good work. Suscribing & Following!

[dinozhang]

Man!! I can't believe I'm watching this at 11.30pm in bed while taking notes! It just makes me feel so confident when investing! A big THANK YOU!

[tanner]

Just watched all three I’ve been looking for a channel like this for a long time

[hliz]

DUDE I WAS WAITING FOR THIS ONE. THANKS. I ENJOYED THE BALANCE SHEETS VID. MIAMI, FL.

[dirksears]

This is a GREAT video, Daniel! Thank you for breaking the IS down line by line and making it SUPER easy to understand. Your common sense approach is easy to follow! I can't wait for your course...sign me up!

[KD-cfvm]

Another simple, to the point video. Awesome stuff. Thanks!

[abdulazizalghamdi]

This is awesome, and the course I will be waiting for it.