Are net revenue and net profit the same?

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Harman 0 Comments

Net profit is the profit that a company has after deducting all expenses including taxes, right? Is this number different from the net revenue?

1 Answer

score 0 · Answer 1 · 2012-12-02T15:42:37+00:00

Yes, net revenue and net profit are the same thing. Itﾒs the revenue generated less expenses which include taxes. Net revenue is not used in accounting while net profit is more common. The most widely used term is profit before tax and profit after tax. The first is the profit (revenue less expenses which include cost of sales, admin expenses, finance costs etc) while the second is after deducting the tax expense.