## Why Investors Need to Read and Understand the Income Statement
Many people see financial statements as difficult and boring, but the truth is that the **Income Statement (P&L Statement)** tells a story about the business that goes beyond what you might think. It’s not just numbers; it’s a history of the company’s successes and challenges.
## What is the Income Statement and How It Shapes the Future of the Business
**P&L Statement or Income Statement** is a document that shows the performance of a business over a specific period. It indicates how much money the business has earned, how much
View OriginalMany people see financial statements as difficult and boring, but the truth is that the **Income Statement (P&L Statement)** tells a story about the business that goes beyond what you might think. It’s not just numbers; it’s a history of the company’s successes and challenges.
## What is the Income Statement and How It Shapes the Future of the Business
**P&L Statement or Income Statement** is a document that shows the performance of a business over a specific period. It indicates how much money the business has earned, how much