Highly recommend to check out this, regarding reading the P&L statements. https://lethain.com/profit-and-loss-statement/ https://lethain.com/profit-and-loss-st

Highly recommend to check out this, regarding reading the P&L statements. https://lethain.com/profit-and-loss-statement/ https://lethain.com/profit-and-loss-statement/ Also check out the rest of his posts. I find them clearly written and useful.