Financial Statements Web Scraper

Project codes are available at Github

This Flask web application allows users to retrieve financial statements for a specified stock ticker symbol. The app web scrapes financial data from Yahoo Finance. Users can select the type of financial statement (cash-flow, balance sheets and income statement) required from a drop-down list.

The web-scraping is done using Beautiful Soup. Beautiful Soup is a Python library which parses HTML into its individual components such as the tags, attributes and text content, allowing the components to be manipulated.

The application has the following features:

Retrieve Financial Statements: Users can enter a stock ticker symbol and select a statement type (Financials, Cash Flow, or Balance Sheet) to retrieve and display the corresponding financial statement.
Display in Table Format: The financial statement data is displayed in a table format within the web application.
User Interface: The app provides a simple user interface where users can input the stock ticker symbol and select the statement type through a form.
URL Construction and Web Scraping: The code constructs a URL based on user input and uses web scraping techniques (with BeautifulSoup) to extract financial data from Yahoo Finance.

The financial statement web scraper is my first attempt in web scraping. Web scraping has to be used with caution as not all website owners will be pleased that their data is used without permission. So, proceed with caution. Overall, it has been a good learning experience and I look forward to developing my next web scraping app. Till next time...