Investors can use net profit to determine a company's overall profitability. Understanding the differences between gross ...

What's the difference between gross income and net income ... Gross income is the same as revenue, whereas net income is the profit you have after subtracting all deductions and expenses.

Net profit – this is calculated by taking the expenses away from the gross profit. This is the final part of the profit and loss account. If the net profit figure is negative, the business has ...