P and L Statement Format
P and L Statement Format
Summary
This Profit and Loss (P&L) Statement provides a detailed overview of [YOUR COMPANY NAME]'s financial performance for the first half of the fiscal year.
Revenue
-
Total Revenue: $500,000
-
Revenue from Product Sales: $350,000
-
Revenue from Services: $150,000
Cost of Goods Sold (COGS)
-
Total COGS: $200,000
-
COGS - Product: $140,000
-
COGS - Services: $60,000
Operating Expenses
Expense Type |
Amount |
---|---|
Salaries |
$100,000 |
Rent |
$20,000 |
Utilities |
$5,000 |
Marketing |
$30,000 |
Other Expenses |
$15,000 |
Gross Profit
-
Gross Profit: $300,000
Operating Income
-
Operating Income: $200,000
Net Income
-
Net Income: $170,000
Conclusion
[YOUR COMPANY NAME] showed a strong financial performance in the first half of the fiscal year, with a solid Gross Profit and Net Income. Close monitoring of operating expenses will be crucial to maintain profitability in the following quarters.
Signature:
[YOUR NAME], Chief Financial Officer