Explore commonly used personal finance terms.
An annual report is a comprehensive document issued by a company to its shareholders and the public, summarizing its financial performance and operations over the past year. It includes financial statements, management’s discussion, and analysis of results, as well as future goals and strategies. The report provides insight into the company’s profitability, solvency, and market position, helping investors and stakeholders make informed decisions. Publicly traded companies are required to publish annual reports, as they are essential for transparency.
