What is the difference between Profit and Revenue?

ComparloCategory: BusinessWhat is the difference between Profit and Revenue?
Ahmed Ibrahim asked 4 years ago

{“lhsI”:”Profit”,”rhsI”:”Revenue”}

1 Answers
Mirette Ibrahim answered 4 years ago

[{“cellsNumber”:2,”row”:”Definition”,”lhsI”:”The%20actual%20money/net-income%20that%20remains%20after%20the%20company%20pays%20for%20all%20its%20expenses%2C%20debts%20and%20operational%20costs.%3Cbr%20/%3E%3Cbr%20/%3EAny%20business%20usually%20seeks%20profit%20as%20its%20long-term%20aim/objective.”,”rhsI”:”The%20sum%20of%20all%20the%20money%20a%20company%20receives%20through%20people%20using/paying%20for%20its%20product%20and%20service.%3Cbr%20/%3E%3Cbr%20/%3EA%20company%20that%20has%20high%20revenue%26nbsp%3Bdoesn%27t%20necessarily%20mean%20its%20a%20profitable%20one%2C%20as%20in%20some%20cases%20debts%20or%20expenses%20exceed%26nbsp%3Bearnings.”},{“cellsNumber”:1,”row”:”Relationship”,”lhsI”:”Revenue%20-%26nbsp%3BExpenses%26nbsp%3B%3D%20Profit”,”rhsI”:””}]

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