P&L / Income Statement
A P&L / Income Statement is a financial report that summarizes a company's revenue, expenses, and net income or loss over a specific period. It is the most important of the financial statements as it contains Revenue and EBITDA, the two most common bidding bases.
Example
In the room
"Walk me through the income statement" is a guaranteed question. Practice saying it out loud from revenue down to net income, in order, without stumbling — fluency here buys you credibility for the harder questions that follow.