Net profit

Net profit

Net profit is the actual profit remaining after subtracting all costs from gross receipts. If expenses and charges are greater than revenue, it is called net loss.

:: The Formula ::
Net profit = Gross revenue - Total expenses

:: Synonyms ::
bottom line, net income, net earnings

Our company reported a net profit of over 5 million dollars this year.

There are no comments yet. Log in to add a comment.

See all definitions of Net profit