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What is the main difference between revenue and profit ?

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Question added by Hatem Younis , Contract Management & Customer Service Consultant , Nasser Bin Khaled Services
Date Posted: 2015/10/28
Dana Qaisi
by Dana Qaisi , Social Media Specialist , N/A

Revenue is the gross income of the company before excluding fees and taxes, while profit is the net income of the company after calculating and excluding all the expenses, taxes and all other fees. 

Joey Adatan
by Joey Adatan , Duty Manager , Marjan Island Resort & Spa

Revenue is GROSS Income and Profit is the NET Income.

Abid Hussain
by Abid Hussain , Asst: Manager Accounts , Diamond Foam Industries LLC

Revenue is the total value for which goods are service are sold and the Profit is comparison with expenses against that value of revenue (If revenue is greater).

 

Revenue is the total incoming cash resulting from the business activities and profit is the net balance after distribuion of expenses and deduction of taxes from revenue.

mehfooz alam khan habib khan
by mehfooz alam khan habib khan , Security Incharge , Landmark Group (Emax)

Yes Revenue is the total earning of company before deducting expences and profit is after expences deducting from revenue.

Ahmed Abd Alwahab Awad Ibrahim
by Ahmed Abd Alwahab Awad Ibrahim , Chief Accounting , ICCDP

Revenue is income (Cash & accrued) from company businessBut Profit is the result between Income & Outcome

Muhammad Adnan Saleem
by Muhammad Adnan Saleem , Senior Accountant , Muscat Thread Mills SAOG

Revenue is the income generated by a business and profit is the net earning after deduction of expenses from revenue.

Emmanuel Shalim
by Emmanuel Shalim , ESL Teacher , English Learning Zone

Revenue is the incoming money and profit is the money after deduction of all the expenses.

AHMED ZAIN ABDULLAH ALHABSHI
by AHMED ZAIN ABDULLAH ALHABSHI , محاسب عام للشركة , مجموعة بن لادن السعودية

revenue its the resource of the company to get money accord to a particular activity

profit is The final outcomeof the result  between revenues and expenditures   

Duncan Robertson
by Duncan Robertson , Strategy Consultant , Duncan Robertson Consultancy

Revenue is real (cold hard cash, assuming you collect it.)

Profit is an accounting concept.

RAUF ABDUL
by RAUF ABDUL , Business Analyst (FMCG & Manufacturing) , Exposures Finance

The revue are the all resource from where you can earn like sales, services whereas the profit is what you have earned.

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