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Excel Crash Course - Book1 - Blank: Strictly Confidential
Excel Crash Course - Book1 - Blank: Strictly Confidential
Table of Contents
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Notes
This Excel model is for educational purposes only and should not be used for any other reason.
All content is Copyright material of CFI Education Inc.
https://corporatefinanceinstitute.com/
Income Statement
Revenue 150,000.00 165,000.00 181,500.00 199,650.00 219,615.00 241,576.50 265,734.15
COGS 67,500.00 74,250.00 81,675.00 89,842.50 98,826.75 108,709.43 119,580.37
Gross Profit 82,500.00 90,750.00 99,825.00 109,807.50 120,788.25 132,867.08 146,153.78
SG&A 16,500.00 18,150.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
EBITDA 66,000.00 72,600.00 79,825.00 89,807.50 100,788.25 112,867.08 126,153.78
Depreciation 6,600.00 7,260.00 9,075.00 9,982.50 10,980.75 12,078.83 13,286.71
Interest 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
EBT 58,400.00 64,340.00 69,750.00 78,825.00 88,807.50 99,788.25 111,867.08
Taxes 17,520.00 19,302.00 20,925.00 23,647.50 26,642.25 29,936.48 33,560.12
Net Income 40,880.00 45,038.00 48,825.00 55,177.50 62,165.25 69,851.78 78,306.95
Assumptions
Revenue growth 10.0% 10.0% 10.0% 10.0% 10.0% 10.0%
COGS of % revenue 45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 45.0%
SG&A 16,500.00 18,150.00 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
Depreciation % of revenue 4.40% 4.40% 5.00% 5.00% 5.00% 5.00% 5.00%
Interest 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
Tax rate 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0%
USD $1000's 2016 2017 2018* 2019* 2020* 2021* 2022*
Analysis
Common size income statement
Revenue 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
COGS 45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 45.0%
Gross Profit 55.0% 55.0% 55.0% 55.0% 55.0% 55.0% 55.0%
SG&A 11.0% 11.0% 11.0% 10.0% 9.1% 8.3% 7.5%
EBITDA 44.0% 44.0% 44.0% 45.0% 45.9% 46.7% 47.5%
Depreciation 4.4% 4.4% 5.0% 5.0% 5.0% 5.0% 5.0%
Interest 0.7% 0.6% 0.6% 0.5% 0.5% 0.4% 0.4%
EBT 38.9% 39.0% 38.4% 39.5% 40.4% 41.3% 42.1%
Taxes 11.7% 11.7% 11.5% 11.8% 12.1% 12.4% 12.6%
Net Income 27.3% 27.3% 26.9% 27.6% 28.3% 28.9% 29.5%
% Change 10%
Revenue 165,000.00 181,500.00 199,650.00 219,615.00 241,576.50 265,734.15 292,307.57
COGS 74,250.00 81,675.00 89,842.50 98,826.75 108,709.43 119,580.37 131,538.40
Gross Profit 90,750.00 99,825.00 109,807.50 120,788.25 132,867.08 146,153.78 160,769.16
SG&A 18,150.00 19,965.00 22,000.00 22,000.00 22,000.00 22,000.00 22,000.00
EBITDA 72,600.00 79,860.00 87,807.50 98,788.25 110,867.08 124,153.78 138,769.16
Depreciation 7,260.00 7,986.00 9,982.50 10,980.75 12,078.83 13,286.71 14,615.38
Interest 1,100.00 1,100.00 1,100.00 1,100.00 1,100.00 1,100.00 1,100.00
EBT 64,240.00 70,774.00 76,725.00 86,707.50 97,688.25 109,767.08 123,053.78
Taxes 19,272.00 21,232.20 23,017.50 26,012.25 29,306.48 32,930.12 36,916.13
Net Income 44,968.00 49,541.80 53,707.50 60,695.25 68,381.78 76,836.95 86,137.65