Enty's Business Glossary:

Profit

Profit (also known as net income) is a company’s financial benefit for a certain period of time that is determined by the deduction of all expenses from revenue. This total amount of money shows founders, investors, and auditors how profitable the company is.

Profit = Total Revenue — Total Expenses

Profit

Profit (also known as net income) is a company’s financial benefit for a certain period of time that is determined by the deduction of all expenses from revenue. This total amount of money shows founders, investors, and auditors how profitable the company is.

Profit = Total Revenue — Total Expenses