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Income Statement All figures in USD thousands unless stated 2014A 2015A 2016A 2017A 2018A 2019A 2020A 2021A Revenue 2,000 2,480 3,075 3,813 4,728 5,863 7,270

Income Statement All figures in USD thousands unless stated 2014A 2015A 2016A 2017A 2018A 2019A 2020A 2021A Revenue 2,000 2,480 3,075 3,813 4,728 5,863 7,270 9,015 COGS 500 620 1,537 953 1,182 1,465 1,817 2,253 Gross Profit Selling, General & Administrative (SG&A) 960 1,612 708 1,831 2,270 2,815 3,490 4,328 EBITDA Gross Profit Margin EBITDA Margin Download the attached excel file. 3- Income Statement.xlsx 8 What is the cost of goods sold primarily driven by for a given period? Sales volume. Capital expenditures. The units produced. The sale price per unit

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