Set the business name, period and currency, then fill in your revenue, cost of goods sold and operating expense rows — add or remove lines as needed. Gross profit, EBIT, tax and net profit recalculate live. Print the statement or save it as a PDF.
It reports performance over a period — a month, quarter or year. Revenue comes first, cost of goods sold is subtracted to give gross profit, operating expenses are subtracted to give operating profit (EBIT), then other income, other expenses and tax produce the net profit for the period.
Gross margin is gross profit as a percentage of revenue and tells you how profitable the product or service is before running costs. Net margin is net profit as a percentage of revenue and tells you what actually survives after every cost, including overheads and tax.
Treat it as a working draft. It formats and totals the numbers you enter, but statutory filings need figures drawn from your books under the accounting standards that apply to you. Have a qualified accountant review the statement before it is filed or shared with lenders.