http://www.stockmarketinvesting101.com The income statement (also referred as the profit and loss statement) is a financial statement from the company that indicates how the revenue before expenses are taken out is transformed into net income. As a share holder and value investor, the purpose of the income statement is to show you whether the company has made or lost money during the particular period. Listed companies are required to report their income statements, along with balance sheets and cashflow statements every 3 months
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