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IS, SOFP, SCE My Work

The document presents projected income statements, balance sheets, cash flow statements, and capital expenditures for a company from 2022 to 2026 that show increasing revenue, profits, and cash flows as production and sales grow over the period. Gross revenue is projected to increase from $25,000 in 2022 to $50,000 in 2026 as cup sales rise from 5,000 to 10,000. Net income is expected to increase from $1,685 in 2022 to $9,262 in 2026.

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79 views

IS, SOFP, SCE My Work

The document presents projected income statements, balance sheets, cash flow statements, and capital expenditures for a company from 2022 to 2026 that show increasing revenue, profits, and cash flows as production and sales grow over the period. Gross revenue is projected to increase from $25,000 in 2022 to $50,000 in 2026 as cup sales rise from 5,000 to 10,000. Net income is expected to increase from $1,685 in 2022 to $9,262 in 2026.

Uploaded by

oluwapelumiotun
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Income Statement

$ in actual figures 2022E 2023E 2024E 2025E 2026E


Revenue
Gross Revenue 25000 27500 32500 40000 50000
Discounts (1250) (1375) (1625) (2000) (2500)
Net Revenue 23750 26125 30875 38000 47500
Cost of Goods Sold (COGS)
Raw Materials (7500) (8250) (9750) (12000) (15000)
Fulfillment (1750) (1925) (2275) (2800) (3500)
Transaction Fees (500) (550) (650) (800) (1000)
Total COGS (9750) (10725) (12675) (15600) (19500)
Gross Profit 14000 15400 18200 22400 28000
Gross Profit Margin % 59% 59% 59% 59% 59%
Operating Expenses
Labor (3750) (4125) (4875) (6000) (7500)
Marketing (1250) (1375) (1625) (2000) (2500)
SGA & Other (1250) (1375) (1625) (2000) (2500)
Total OpEx (6250) (6875) (8125) (10000) (12500)
EBITDA 7750 8525 10075 12400 15500
Depreciation & Amortization (4952) (4952) (4952) (4952) (2952)
EBIT 2798 3573 5123 7448 12548
Interest Expense (665) (630) (928) (875) (823)
EBT 2133 2943 4195 6573 11725
Taxes (448) (618) (881) (1380) (2462)
Net Income 1685 2325 3314 5192 9262

Net Income as a % of rev 7% 9% 11% 14% 19%

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

Cost of Goods Sold (COGS)


Raw Materials as a % of rev 30% 30% 30% 30% 30%
Fulfillment as a % of rev 7% 7% 7% 7% 7%
Transaction Fees as a % of rev 2% 2% 2% 2% 2%

Operating Expenses
Labor as a % of rev 15% 15% 15% 15% 15%
Marketing as a % of rev 5% 5% 5% 5% 5%
SGA & Other as a % of rev 5% 5% 5% 5% 5%

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


SOFP Historical
$ in actual figures Dec-21A Dec-22E Dec-23E Dec-24E Dec-25E
Current Assets
Cash 5,000 (2,872) 3,919 16,464 20,901
Accounts Receivable 150 238 261 309 380
Total Current Assets 5,150 238 261 309 380
Non Current Assets
Fixed Assets 10,000 24,000 24,000 24,000 29,000
Accumulated Depreciation (2,000) (6,952) (11,905) (16,857) (21,810)
Net Fixed Assets 8,000 17,048 12,095 7,143 7,190
Total Non Current Assets 8,000 17,048 12,095 7,143 7,190
Total Assets 13,150 17,285 12,356 7,452 7,570

Current Liabilities
Accounts Payable 200 220 242 286 353
Deferred Revenue 100 158 174 206 253
Total Current Liabilitites 300 379 417 492 606
Non Current Liabilities
Debt 10,000 9,500 9,000 13,250 12,500
Total Non Current Liabilitites 10,000 9,500 9,000 13,250 12,500
Total Liabilitites 10,300 9,879 9,417 13,742 13,106
Equity
Common Stock 300 300 300 300 300
Retained Earnings 2,550 4,235 6,559 9,873 15,066
Total Equity 2,850 4,535 6,859 10,173 15,366
Total Liabilities & Equity 13,150 14,413 16,276 23,915 28,471

Balance Check - - - - -

Assumptions:
Net Revenue 15,000 23750 26125 30875 38000
COGS 8,850 9750 10725 12675 15600
Accounts Receivable as a % of rev 1.0% 1.0% 1.0% 1.0% 1.0%
Accounts Payable as a % of COGS 2.3% 2.3% 2.3% 2.3% 2.3%
Deferred Revenue as a % of rev 0.7% 0.7% 0.7% 0.7% 0.7%

Debt
Net Borrowing 5,000
Debt Repayment 500 500 750 750
Interest Rate 7% 7% 7% 7%
Interest Payment 665 630 928 875
Dec-26E

32,422
475
475

29,000
(24,762)
4,238
4,238
4,713

441
317
757

11,750
11,750
12,507

300
24,328
24,628
37,135

47500
19500
1.0%
2.3%
0.7%

750
7%
823
Statement of Cash Flow
$ in actual figure 2022E 2023E 2024E 2025E 2026E
Net Income 1,685 2,325 3,314 5,192 9,262
Operating Activities
Depreciation 4,952 4,952 4,952 4,952 2,952
Change in Accounts Receivabl (88) (24) (48) (71) (95)
Change in Accounts Payable 20 22 44 66 88
Change in Deferred Revenue 58 16 32 48 63
Operating Cash Flow 4,944 4,966 4,981 4,995 3,009
Investing Activities
CapEx (14,000) - - (5,000) -
Investing Cash Flow (14,000) - - (5,000) -
Financing Activities
Debt Repayment (500) (500) (750) (750) (750)
Net Borrowings - - 5,000 - -
Financing Cash Flow (500) (500) 4,250 (750) (750)
Net Cash Flow (7,872) 6,791 12,544 4,437 11,521
Fixed Asset
$ in actual figures Asset Life (Years) 2022E 2023E 2024E
Cap Expenditure
Lemon Crusher 3 $ 5,000
Ice Machine 7 $ 3,000
Refrigerator 7 $ 6,000
Total CapEx $ 14,000 $ - $ -

Depreciation
Existing Equipment $ 2,000 $ 2,000 $ 2,000
Lemon Crusher $ 1,667 $ 1,667 $ 1,667
Ice Machine $ 429 $ 429 $ 429
Refrigerator $ 857 $ 857 $ 857
Total D&A $ 4,952 $ 4,952 $ 4,952
2025E 2026E

$ 5,000

$ 5,000 $ -

$ 2,000
$ 1,667 $ 1,667
$ 429 $ 429
$ 857 $ 857
$ 4,952 $ 2,952

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