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XY Income Statement
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US$'2022 2023 2024
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Revenue 500,000 575,000 650,000
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Cost of Goods Sold
 200,000 230,000 260,000
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Gross Profit 300,000 345,000 390,000
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Operating Expenses
 120,000 135,000 150,000
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Operating Income 180,000 210,000 240,000
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Interest Expense 10,000 12,000 15,000
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Profit before tax 170,000 198,000 225,000
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Income Tax 34,000 39,000 45,000
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Net Income 136,000 159,000 180,000
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