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What is a trailing 12 month income statement?
Trailing 12 months (TTM) is the term for the data from the past 12 consecutive months used for reporting financial figures. A company's trailing 12 months represent its financial performance for a 12-month period; it does not typically represent a fiscal-year ending period.
What is a year end income statement?
The income statement, also called the profit and loss statement, is a report that shows the income, expenses, and resulting profits or losses of a company during a specific time period. The income statement calculates the net income of a company by subtracting total expenses from total income.
How do you calculate trailing 12 months revenue?
TTM equals the most recent year to date period, plus the last complete fiscal year minus last year's year to date period. Make sure to use year to date and not just the latest quarter.
What is monthly income statement?
Definition: A financial document generated monthly and/or annually that reports the earnings of a company by stating all relevant revenues (or gross income) and expenses in order to calculate net income. Also referred to as a profit and loss statement.