What is Income statement?
Company financesA report showing a company's revenue, costs and profit over a period.
Think of it like: The company's scorecard for the quarter.
Real example: Microsoft's income statement for the year to June 2024 showed about $245 billion of revenue and $88 billion of net profit.
Lesson: Reading a company report Practise it now: Who Am I? Practise it now: Safe Haven Sprint