Download Income Statement Template
Professional P&L projection template with automatic gross profit, operating profit, and net profit calculations.
- Monthly detailed breakdown
- 3-year annual summary
- Margin and ratio calculations
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What's Included
Revenue Section
Track multiple revenue streams with categories for products, services, and other income.
Cost of Sales
Direct costs linked to revenue: materials, labor, and production costs with gross margin calculation.
Operating Expenses
Comprehensive expense categories: salaries, rent, marketing, utilities, insurance, and more.
Profit Calculations
Automatic calculation of gross profit, operating profit (EBITDA), and net profit after tax.
Tips for Success
Use Realistic Revenue Assumptions
Base projections on historical data, market research, or conservative industry benchmarks. Avoid hockey-stick growth.
Don't Underestimate Costs
Include all expenses: accounting fees, bank charges, transport, telephone, stationery. Small items add up.
Account for Growth Costs
As revenue grows, costs often increase: more staff, bigger premises, higher marketing spend. Reflect this scaling.
Related Resources
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