The assignment discusses the trends of business, profit, and loss for a management consultancy firm. Despite operational changes and weak Australian economy, the company recorded gross income of $1,335,600 and net profit of $664,197. The main reason for this result is consulting fees ($1,175,600) and loss in workshops' income (-$38,000). The operating income shows a loss during the year 2019. The company's goal is to improve its profit margin, which currently stands at 0.98. To achieve this, it needs to stabilize its revenue and expenses. Additionally, the assignment touches on statutory requirements for compliance and tax, including GST obligations and superannuation guarantees.