Read the Numbers.
Know the Business.
Course 203 teaches you to interpret the three core corporate financial statements — so you can identify business performance, financial health, risk, and true intrinsic value with confidence.
The Financial Intelligence Every Investor Needs
Most investors look at a stock price. Great investors read a financial statement. The difference between the two is the difference between speculation and true Value Investing — and Course 203 is what bridges that gap.
In this focused 5-lesson course, you will learn to open any public company's annual report and read it with clarity and confidence. You will understand what each statement tells you, which metrics matter most, and how to use that information to assess business performance, financial health, risk exposure, and intrinsic value.
This is the financial literacy course that most investors wish they had taken years earlier — taught through the lens of a seasoned value investor, not an accountant.
From Raw Numbers to Real Insight
Financial statements are the language of business. Course 203 teaches you to become fluent — so you can read any company's story directly from its numbers.
5 Lessons. Complete Financial Clarity.
Five focused, in-depth video lessons — each one building your ability to read, interpret, and act on corporate financial information.
Introduction to Corporate Finance for Investors
An investor-focused introduction to corporate finance — why financial statements exist, how they connect, and how to use them as an investor rather than an accountant. Set the foundation for reading every statement with purpose.
The Income Statement — Revenue, Earnings & Growth
Learn to read a company's income statement from top to bottom — understanding revenue, gross profit, operating income, net income, and the key growth metrics that reveal business performance and earning power over time.
The Cash Flow Statement — Where the Money Really Goes
Discover why cash flow is the most honest measure of a business. Learn to distinguish operating, investing, and financing cash flows — and identify the free cash flow metrics that value investors rely on most.
The Balance Sheet — Assets, Liabilities & Financial Health
Learn to interpret a company's balance sheet — understanding its assets, liabilities, and equity position. Identify the key ratios and metrics that reveal financial strength, stability, and risk exposure for any company.
Critical Financial Metrics & Intrinsic Value
Bring it all together. Learn which financial metrics matter most to value investors — across all three statements — and how to use them to assess business performance, financial health, risk, and ultimately calculate a company's intrinsic value.
Every Statement. Every Metric That Matters.
Public companies are required to publish three core financial statements. Each tells a different part of the business story — and together they reveal the complete picture.
Income Statement
Profitability over a period
- Revenue & Revenue Growth YoY
- Gross Profit & Gross Margin GP%
- Operating Income EBIT
- Net Income & EPS EPS
- Profit Margins NPM%
Cash Flow Statement
Real cash movement in the business
- Operating Cash Flow OCF
- Capital Expenditures CapEx
- Free Cash Flow FCF
- Investing Activities CFI
- Financing Activities CFF
Balance Sheet
Financial position at a point in time
- Total Assets & Asset Quality ROA
- Debt & Liabilities D/E
- Shareholders' Equity BV
- Current Ratio & Liquidity CR
- Return on Equity ROE
Financial Skills That Last a Lifetime
At the end of Course 203 you will have a permanent, practical skill set that makes you a sharper, more confident investor in every analysis you do.
For Anyone Who Wants to Read the Numbers
Deepening Your Analysis
You are working through the 201 Mastery course and want to go deeper on financial statement analysis. The 203 course directly supports and enriches every quantitative lesson in the 201 curriculum.
Building Financial Literacy
You have limited finance or accounting background and want to understand how to actually read a company's numbers. This course teaches you exactly that — from an investor's perspective, not an accountant's.
Sharpening Your Edge
You already invest but rely on third-party analysis or screeners for financial data. This course gives you the ability to go directly to the source — reading financial statements yourself with full understanding.
Finance as a Life Skill
Even outside of investing, the ability to read and interpret financial statements is a powerful business and professional skill. Course 203 delivers that skill in a focused, practical, investor-relevant format.
Dennis Wongman
Dennis Wong — "The Wongman" — is the Founder & CIO of Bowmont Capital and Bowmont Wealth Academy. In Course 203, Dennis teaches corporate finance not as an accountant would — but as an investor who uses these exact statements every day to evaluate businesses and make real investing decisions.
His focus is always on what matters to an investor — not textbook definitions, but the practical, applied understanding that separates confident investors from those who rely on others to interpret the numbers for them.
- Registered Professional Engineer
- Management Executive with a Fortune Most Valuable Company
- Technology Start-Up Entrepreneur
- Public Equity and Real Estate Investor
- Founder & CIO — Bowmont Capital & Bowmont Wealth Academy
Real People. Real Results.
Hear from students who went through Bowmont Wealth Academy programs and transformed their approach to investing.
"As a business owner, investing always felt like a different world. Dennis' program gave me the clarity, structure, and confidence to move from observer to active, disciplined investor."
"As an engineer, I value logic and risk management. Dennis' program gave me a disciplined framework grounded in fundamentals — protecting capital first and compounding intelligently."
"For the first time, I truly understood the why, what, and how of true investing. Without question, the best financial decision I've ever made."
Start Reading the Numbers Confidently.
Five lessons. Three financial statements. The complete financial literacy toolkit every serious value investor needs.
- 5 in-depth video lessons on corporate financial statements
- Income statement interpretation — revenue, margins & growth
- Cash flow statement — operating, investing & free cash flow
- Balance sheet — assets, liabilities, equity & risk
- Critical financial metrics for business & valuation analysis
- Investor-focused approach — practical, not theoretical
- Self-paced — learn on your own schedule
- Directly supports the 201 Mastery curriculum
Access is activated immediately upon enrollment. Contact us via email with any questions about Course 203 or the full 200-level suite.
Frequently Asked
No prior accounting or finance knowledge is required. Course 203 is designed specifically for investors — not accountants. The focus is entirely on how to read and interpret financial statements from an investor's perspective, starting from the basics.
Course 203 is a standalone course that can be taken independently. However, it is designed to directly complement and deepen the financial analysis skills covered in the 201 Value Investing Mastery program. Taking both together is strongly recommended for the best results.
Course 203 consists of 5 focused video lessons. The content is self-paced so you can work through it as quickly or as gradually as suits your schedule. Most participants complete it over one to two weeks with focused attention.
Yes. The skills taught in Course 203 are directly applicable to real-world company analysis. By the end of the course, you will be able to open any public company's annual report, read all three financial statements, and identify the key metrics that matter for investment decisions.
The full 200-level suite includes Course 201 (Value Investing Mastery), Course 202 (Group Coaching with weekly live Zoom sessions), Course 203 (Financials for Investors — this course), Course 204 (Technical Analysis), and Course 205 (Advanced Option Strategies). Each is designed to build and multiply your investing capability.