Reading a Profit and Loss Statement (opens in new tab)

(lethain.com)

54 pointsDavidChouinard3y ago6 comments

6 comments

Nice writeup. Understanding financials is a great skill to have.

For completeness, the author should follow up with articles dedicated to reading Balance Sheet and also Cashflow statement.

t_mann3y ago

Can't help but chuckle at this headline at the top of HN, right when a decade of free money is about to end. Back to fundamentals over growth and engagement?

hbcondo7143y ago

This is an interesting example showing how P&L evolve from a company's IPO to their annual report. As a shameless plug and as an alternative to the author's suggestions of using EDGAR search or individual company IR sites, you can use https://last10k.com/sec-filings/hcp to read Hashicorp's S-1 and 10-K more efficiently using our online tools.

vosper3y ago

It sounds like you’re affiliated with last10k.com? If so, I have a little feedback: on my iPhone 13 pro approximately half of the screen is taken up by not-the-content, leaving only a small reading area.

I recommend making the giant last10k.com logo much smaller (perhaps 50% the current height or less) and having the blue title header (“Hashicorp, Inc. (HCP) SEC Filing 10-K Annual Report for the fiscal year ending Monday, January 31, 2022 “ etc…) collapse or scroll away when the user scrolls (also just make it smaller).

hbcondo7143y ago

Yes, and thank you for this feedback. We recently migrated the filing pages from Bootstrap 3 to Bootstrap 5 and are still adjusting the mobile experience but their is a full-screen option to alleviate this. The page uses their navbar scrolling[1] which works well on desktop but it doesn't have a responsive variation[2] so it makes the blue title header non-scrollable.

[1]https://getbootstrap.com/docs/5.0/components/navbar/#scrolli...

[2]https://getbootstrap.com/docs/5.2/components/offcanvas/#resp...

ggm3y ago

Equally important in a not for profit.

j / k navigate · click thread line to collapse

6 comments

thewizardofaus3y ago

Nice writeup. Understanding financials is a great skill to have.

For completeness, the author should follow up with articles dedicated to reading Balance Sheet and also Cashflow statement.

t_mann3y ago

Can't help but chuckle at this headline at the top of HN, right when a decade of free money is about to end. Back to fundamentals over growth and engagement?

hbcondo7143y ago

vosper3y ago

hbcondo7143y ago

[1]https://getbootstrap.com/docs/5.0/components/navbar/#scrolli...

[2]https://getbootstrap.com/docs/5.2/components/offcanvas/#resp...

ggm3y ago

Equally important in a not for profit.

j / k navigate · click thread line to collapse