Chapter 3 — Profit & Loss Statement
Revenue is growing, but why is EBITDA falling? Discover how Operating Expenses (OPEX) affect profitability and why managing business running costs is essential for financial performance. Learn the difference between Cost of Sales and OPEX, calculate OPEX as a percentage of Revenue, and understand how departmental spending influences earnings. Through practical examples, explore budget variances, operating leverage, cost centres and technology expenditure.
Paid