3 Statement Model

Get 10% OFF our course using coupon code EMAIL10

Get Our Excel for Business & Finance Course

Made by Kenji Explains

Note
This 3 statement Excel model is solely for educational purposes and should not be used for any other purpose.
All content is copyright material of Kenji Explains.
This Excel model may not be reproduced or distributed by any means, including printing,
screencapturing, or any other method without the prior permission of the publisher.
Income Statement
$ in actual figures 1/1/2022
Revenue
Gross Revenue
Discounts
Net Revenue
Cost of Goods Sold (COGS)
Raw Materials
Fulfillment
Transaction Fees
Total COGS
Gross Profit
Gross Profit Margin %
Operating Expenses
Labor
Marketing
SGA & Other
Total OpEx
EBITDA
Depreciation & Amortization
EBIT
Interest Expense
EBT
Taxes
Net Income

Net Income as % of Revenue

Assumptions:
Revenue
Cups Sold 5,000 5,500 6,500 8,000 10,000
Average Price per Cup $5 $5 $5 $5 $5
Discounts 5% 5% 5% 5% 5%

Cost of Goods Sold (COGS)

Raw Materials 30% 30% 30% 30% 30%
Fulfillment 7% 7% 7% 7% 7%
Transaction Fees 2% 2% 2% 2% 2%

Operating Expenses
Labor 15% 15% 15% 15% 15%
Marketing 5% 5% 5% 5% 5%
SGA & Other 5% 5% 5% 5% 5%

Corporate Tax Rate 21% 21% 21% 21% 21%

Balance Sheet Historical
$ in actual figures 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 12/31/2026
Current Assets
Cash 5,000
Accounts Receivable 150
Total Current Assets
Non Current Assets
Fixed Assets 10,000
Accumulated Depreciation (2,000)
Net Fixed Assets
Total Non Current Assets
Total Assets

Current Liabilities
Accounts Payable 200
Deferred Revenue 100
Total Current Liabilitites
Non Current Liabilities
Debt 10,000
Total Non Current Liabilitites
Total Liabilitites
Equity
Common Stock 300
Retained Earnings 2,550
Total Equity
Total Liabilities & Equity

Balance Check - - - - - -

Assumptions:
Net Revenue 15,000
COGS 8,850
Accounts Receivable
Accounts Payable
Deferred Revenue

Debt
Net Borrowing 5,000
Debt Repayment 500 500 750 750 750
Interest Rate 7% 7% 7% 7% 7%
Interest Payment
Statement of Cashflows
$ in actual figures 1/1/2022 1/1/2023 1/1/2024 1/1/2025 1/1/2026
Net Income
Operating Activities
Depreciation
Change in Accounts Receivable
Change in Accounts Payable
Change in Deferred Revenue
Operating Cash Flow
Investing Activities
CapEx
Investing Cash Flow
Financing Activities
Debt Repayment
Net Borrowings
Financing Cash Flow
Net Cash Flow
Fixed Assets
$ in actual figures Asset Life (Years) 12/31/2022 12/31/2023 12/31/2024 12/31/2025 12/31/2026
CapEx
Lemon Crusher 3 $ 5,000 $ 5,000
Ice Machine 7 $ 3,000
Refrigerator 7 $ 6,000
Total CapEx

Depreciation
Existing Equipment $ 2,000 $ 2,000 $ 2,000 $ 2,000
Lemon Crusher
Ice Machine
Refrigerator
Total D&A