Cafe Income Statement

This income statement presents the financial performance of [Your Company Name] for the fiscal year ending [Month Day, Year]. This statement provides a detailed overview of the cafe's revenues, expenses, and net income, offering insights into the profitability and financial health.

Category	Amount
Revenues
Sales Revenue	$550,000
Other Income	$15,000
Total Revenues	$565,000
Cost of Goods Sold (COGS)
Cost of Goods Sold	$220,000
Gross Profit	$345,000
Operating Expenses
Salaries and Wages	$120,000
Rent	$60,000
Utilities	$18,000
Marketing and Advertising	$15,000
Depreciation	$12,000
Supplies	$10,000
Insurance	$8,000
Repairs and Maintenance	$5,000
Miscellaneous Expenses	$4,000
Total Operating Expenses	$252,000
Operating Income	$93,000
Other Expenses
Interest Expense	$7,000
Total Other Expenses	$7,000
Net Income Before Taxes	$86,000
Income Tax Expense	$25,800
Net Income	$60,200

The income statement of [Your Company Name] for the fiscal year ending [Month Day, Year], demonstrates a solid financial performance with total revenues amounting to [$565,000] and a net income of [$60,200]. The cafe's gross profit of [$345,000] highlights effective cost management in goods sold, while the operating expenses are well-controlled, ensuring sustainable operational profitability. The net income before taxes stands at [$86,000], showcasing the cafe's ability to generate a healthy profit before accounting for tax liabilities. The final net income after taxes, amounting to [$60,200], reflects the overall successful financial management and operational efficiency of [Your Company Name]. This positive financial outcome positions [Your Company Name] favorably for future growth and expansion.