A company's total revenue less total expenses, showing what a company earned (or lost, called net loss) for a set period, usually one year Listed often literally as the "bottom line" on the statement of earnings Also called net earnings and net profit
The company's total earnings, reflecting revenues adjusted for costs of doing business, depreciation, interest, taxes, and other expenses
The balance remaining to the LEA after deducting from the gross revenue for a given period all operating expense and income deductions during the same period
Your take-home pay after taxes and other deductions It is the amount of money that you actually received in your paycheck
The company's total earnings, reflecting revenues adjusted for costs of doing business, depreciation, interest, taxes and other expenses
Gross profit minus business expenses, minus interest expensesm minus taxes A loss results when expenses exceed revenues
For a business, same as net profit For an individual, gross income minus incurred expenses, used to calculate income tax owed also called bottom line
Also referred to as NET PROFIT or NET EARNINGS The earnings of an organisation after deducting taxation and all other expenses This is obviously an important measure of a company’s performance, but you should remember to allow for the inflation rate when comparing one year’s net income with another’s
Excess or deficit of total revenues and gains compared with total expenses and losses for an accounting period See also: Income Statement (IS) Topic areas: Fundraising and Financial Sustainability
Also known as the bottom line, this is the profit a company realizes after all costs, expenses and taxes have been paid It is calculated by subtracting business, depreciation, interest and tax costs from revenues Investors often pay too much attention to net income, the calculation of which can be easily manipulated by accountants A better measure of corporate growth, some analysts say, is cash flow Net income is also called earnings or net profit BACK TO TOP
The difference between a business's total revenues and its total expenses or the profit of the company