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Financial Projections Definition

Financial projections – n : detailed financial statements, typically developed by a company’s management, that represent the expected future financial results of a company; an important component of a company’s business plan; a distilled version of financial projections should also appear in a company’s executive summary and investor presentation . Different from pro forma financial statements, which represent expected future financial results after a specific, significant event, such as a fundraising round, or a merger or acquisition.

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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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