Sample Income Statement
ABC Widget Company
($1,000s)
ABC Widget Company
($1,000s)
| Q2 | Q1 | |||
| Sales Revenue | ||||
| Widgets | 4,125 | 4,330 | ||
| Repair kits | 143 | 20 | ||
| Service | 1,443 | 1,102 | ||
| Total Sales Revenue | 5,711 | 5,452 | ||
| Sales Costs | ||||
| Widgets | 2,204 | 2,111 | ||
| Repair kits | 18 | 4 | ||
| Service | 1,189 | 947 | ||
| Total Sales Costs | 3,411 | 3,062 | ||
| Gross Profit (Loss) | 2,300 | 2,390 | ||
| Gross Margin | 40% | 44% | ||
| Operating Expenses | ||||
| General & Administrative | 292 | 301 | ||
| Sales & Marketing | 1,389 | 1,414 | ||
| Research & Development | 214 | 214 | ||
| Other Operating Expenses | 5 | 7 | ||
| Total Operating Expenses | 1,900 | 1,936 | ||
| Operating Income | 400 | 454 | ||
| Operating Margin | 7% | 8% | ||
| Interest Paid | 1 | 2 | ||
| Income before Taxes | 399 | 452 | ||
| Taxes | 127 | 144 | ||
| Net Income from Continuing Operations | 272 | 308 | ||
| Profit Margin | 5% | 6% | ||
| Non-recurring Events | n/a | 1 | ||
| Net Income | 272 | 307 | ||
| Dividends to Stockholders | 0 | 6 | ||
| Net Income Available to Shareholders | 272 | 301 |
