What are three years worth of PROJECTED income statements for 2023-2025 for Amazon?

• Formula is total revenue - cost of revenue = gross profit - operating expense = operating income + net non op income + other income = pretax income - tax provision + earnings from equity = net income
• For the other NON-SUBTOTAL categories, simply find the % of that category for 2022 and then use that same % across the board. For example, your cost of rev/total rev for 2022 is approx 87%. So, take that 87% x total rev for 2023 and that will get you an estimated cost of revenue for 2023. Do the same for 2025-2024. For operating expense, do the same thing. Take the op exp % for 2022 (op exp/total rev) and apply it across the board. Do this for net non op income, and other income. For tax provision, take the tax provision/pretax income % for 2022 and apply it across the board. For earnings from equity, simply increase it by 1000 per year. Gross profit, operating income, pretax income and net income are simply subtotals.

Breakdown	2025	2024	2023	2022
Total Revenue				513,983
Cost of Revenue				446,343
Gross Profit				67,640
Operating Expense				55,392
Operating Income				12,248
Net Non-Operating Interest Income Expense				-1,378
Other Income Expense				-16,806
Pretax Income				-5,936
Tax Provision				-3,217
Earnings from Equity Interest Net of Tax				-3,000
Net Income Common Stockholders				-2,722

• How you arrived at your estimates and what your reasoning is based upon? Make sure you speak to % revenue and % net income increases as these are the most important categories.