Profit & Loss Statement (Forecast)

 

FY2018FY2019FY2020
Revenue£288,945£423,233£564,108
Direct Cost£69,120£101,863£155,735
Gross Margin£219,825£321,370£408,374
Gross Margin %76%76%72%
Operating Expenses
Salary£104,750£144,973£176,822
Employee Related Expenses£20,426£28,270£34,968
Advertising & Marketing£29,640£31,122£32,678
Bank Fees£1,440£2,160£3,240
Consulting£4,800£7,200£10,800
Insurance£600£900£1,350
IT Software£2,400£2,520£2,646
Legal£7,200£7,560£8,694
Office Supplies£480£504£529
Rent£4,200£8,820£18,522
Telephone & Internet£1,500£1,575£1,654
Travel£2,400£2,520£2,646
Utilities£900£1,890£3,969
Web Hosting£480£504£529
Major Purchases£7,920£12,480£21,840
Total Operating Expenses£189,136£252,997£320,887
Operating Income
Depreciation£1,980£1,980£1,980
Total Expenses£260,236£356,840£478,601
Net Profit (Before Tax)£28,709£66,393£85,507
Corporation Tax£5,455£12,615£16,246
Net Profit (After Tax)£23,254£53,779£69,261
Net Profit / Sales8%13%12%
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