Profit And Loss ( P&L )

Profit and Loss (P&L)

The term profit and loss (P&L) statement refer to a financial statement that summarizes revenue, costs, and expenses incurred during a specified period, usually a quarter or financial year. These records provide information about a company's ability or inability to generate profit from increasing revenue, reducing costs, or both. These statements are often presented on a cash or accrual basis.

How Profit and Loss (P&L) Statements Work

The P&L statement is one of three financial statements that each public company issues on a quarterly and annual basis, along with a balance sheet and cash flow statement. It is often the most popular and common financial statement in a business plan because it shows how much profit or loss was generated by a business.

statement of profit and loss

statement of operations

statement of financial results or income

earnings statement

expense statement


Request Call Back

Every Business is Unique. Find Out How We Can Help Yours.

Contact Us

Our Pricing

How Company is Different?

Client Testimonials

It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.

Get in Touch With Us

Through our technology solutions, we look forward to building long-term, sustainable partnerships with our clients, becoming their go-to IT troubleshooter. Have specific questions, or want a guided tour of our services? Get in touch with us!