Collect all relevant financial documents, including income statements, balance sheets, and cash flow statements for accurate analysis.
Identify Key Metrics
Determine the key performance indicators (KPIs) that will guide your analysis, such as revenue growth, profit margins, and expense ratios. This will focus your efforts.
Analyze Trends
Examine the data for trends over time. Look for patterns in revenue, expenses, and profits to identify areas of strength and opportunities for improvement.
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