Reading a Profit and Loss Statement

https://lethain.com/profit-and-loss-statement/

by DavidChouinard • 4 years ago

54 6 4 years ago

lethain.com

ggm• 4 years ago

Equally important in a not for profit.

thewizardofaus• 4 years ago

Nice writeup. Understanding financials is a great skill to have.

For completeness, the author should follow up with articles dedicated to reading Balance Sheet and also Cashflow statement.

hbcondo7142• 4 years ago

This is an interesting example showing how P&L evolve from a company's IPO to their annual report. As a shameless plug and as an alternative to the author's suggestions of using EDGAR search or individual company IR sites, you can use https://last10k.com/sec-filings/hcp to read Hashicorp's S-1 and 10-K more efficiently using our online tools.

vosper• 4 years ago

It sounds like you’re affiliated with last10k.com? If so, I have a little feedback: on my iPhone 13 pro approximately half of the screen is taken up by not-the-content, leaving only a small reading area.

I recommend making the giant last10k.com logo much smaller (perhaps 50% the current height or less) and having the blue title header (“Hashicorp, Inc. (HCP) SEC Filing 10-K Annual Report for the fiscal year ending Monday, January 31, 2022 “ etc…) collapse or scroll away when the user scrolls (also just make it smaller).

hbcondo7142• 4 years ago

Yes, and thank you for this feedback. We recently migrated the filing pages from Bootstrap 3 to Bootstrap 5 and are still adjusting the mobile experience but their is a full-screen option to alleviate this. The page uses their navbar scrolling[1] which works well on desktop but it doesn't have a responsive variation[2] so it makes the blue title header non-scrollable.

[1]https://getbootstrap.com/docs/5.0/components/navbar/#scrolli...

[2]https://getbootstrap.com/docs/5.2/components/offcanvas/#resp...

t_mann• 4 years ago

Can't help but chuckle at this headline at the top of HN, right when a decade of free money is about to end. Back to fundamentals over growth and engagement?

Reading a Profit and Loss Statement

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