What is an Income Statement? 

The income statement indicates a company's financial performance measured over a reporting period. Performance is assessed by summarising how the business incurs its revenues, expenses and net profit or loss incurred over the period. It's also called the P&L statement.

Under this Category, there are three imperative indicators that could help analyse the momentum of the company. 

  1. Industry revenue growth 
  2. Industry Net income
  3. Market Share

Each and every script is compared to the above metrics on a 5-year timeline.

For Example, the below image shows the income statement for - 'INFOSYS LTD'

In this case, the company's revenue growth and market shares have seen incremental growth over the last 5 years compared to the growth of the specific industry.