10-K

A 10-K is an Annual Report filed by publicly traded companies in the United States to the Securities and Exchange Commission (SEC). It provides a comprehensive overview of a company’s financial performance, including its Audited financial statements, management discussion, risks, and details about the business. The 10-K must be filed within 60 days after the end of the company’s Fiscal Year.

Examples of sections included in a 10-K:

• Business: Description of the company’s operations and products.
• Financial Statements: Balance sheet, Income Statement, and Cash Flow statement.
• Risk Factors: Detailed risks that could affect the company’s performance.
• Management’s Discussion and Analysis (MD&A): Analysis of financial results and operational performance.

Case: A technology company like Apple Inc. files a 10-K that includes its Revenue from products like iPhones and services like Apple Music, outlining financial performance, market risks, and strategic initiatives for future growth.