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All guides

Finance

Profit & loss

Profit and loss answers the question every studio owner asks: are we making money? It rolls every project's revenue and cost into one studio-level picture.

What P&L shows

Profit and loss is simply revenue minus cost. It totals income from project budgets against the expenses on project and shoot budgets, and shows what's left.

The page leads with the headline numbers — revenue, cost, profit — then breaks them down by project and cost category, so you can see what drives the result.

Margin and payroll

Margin is profit as a share of revenue — the percentage of each project's income that survives its costs. It's the quickest read on whether work is priced well.

Salaried staff are paid once at the studio level rather than per shoot, and P&L accounts for that payroll, so the profit figure reflects real cost — not just per-shoot line items.

Key terms

P&L
Profit and loss — revenue minus cost at studio level.
Revenue
Income recorded on project budgets.
Margin
Profit as a percentage of revenue.
Payroll
Salaried staff pay, handled once at the studio level.

Common questions

What does P&L actually calculate?

Revenue minus cost: income from project budgets against the expenses on project and shoot budgets, with payroll included.

What is margin?

Profit as a share of revenue — the percentage of each project's income that survives its costs. It's the quickest read on pricing.

Does P&L include salaried staff?

Yes. Payroll is handled once at the studio level, and P&L accounts for it so the profit figure reflects real cost.

Related guides

  • Budgets

    Plan a project's or shoot's costs and revenue, then approve and lock the numbers.

  • Cost categories & rate profiles

    Set up the shared categories and reusable rates that budgets are built from.

  • Payments

    Record money paid against budget lines and read the studio's payment ledger.

  • Stock sales

    Import your stock agency earnings reports and see revenue by provider and month.

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