Please write a detailed analysis of the following gross & net profit table

Net Income Statement Current Year 2021 Full Year Forecast Strategic Plan 2022 Updated draft 2022 budget (Base Case) 39,480,000 26,039,552 13,440,448 59,220,000 39,059,329 20,160,671 54,240,000 35,472,480 18,767,520 34.6% 34.0% 34.0% Revenue Less Cost of goods sold Gross margin Gross Profit Margin % Less Operating Expenses Product design Marketing Distribution 716,800 3,497,200 3,416,000 7,630,000 1,075,200 5,245,800 5,124,000 11,445,000 1,024,000 4,855,600 4,710,400 10,590,000 Operating Income (pre tax) 5,810,448 8,715,671 8,177,520 Less Interest expense Income (before income tax) Less Income tax (at stated 40%) Net Income Net Profit Margin % 0 5,810,448 2,324,179 3,486,269 8.8% 0 8,715,671 3,486,269 5,229,403 8.8% 395,730 7,781,790 3,112,716 4,669,074 8.6%