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Please give analysis and strategy from below. It is the 2021 performance along with 2022 & 2023 projected performance of Gap Inc. INCOME STATEMENT 2021

Please give analysis and strategy from below.

It is the 2021 performance along with 2022 & 2023 projected performance of Gap Inc.

INCOME STATEMENT 2021 2022 2023
2021 2022 2023
Sales/revenue 13,800.00 16,670.00 19,050.00
COGS 9,108.00 10,018.00 11,021.00
Gross income 4,692.00 6,652.00 8,029.00
Expenses
SG&A 5,003.00 5,854.00 5,500.00
R&D 46.00 41.00 55.00
Other SG&A 4,957.00
Unusual expense 584.00 334.00 510.00
non operating income expense (15.00) 26.00 15.00
interest 192.00 167.00 200.00
Pretax income (1,102.00) 323.00 350.00
income tax (437.00) 67.00 112.00
EBITDA 196.00 1,302.00 1,410.00
EBIT (311.00) 798.00 912.00
Net income (665.00) 256.00 1,287.00

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