Revenue and profit are two key concepts in business, but they are not interchangeable. Revenue is the total income generated from the sale of goods or services. It is the total amount earned from sales before any expenses are taken out. Profit, on the other hand, is the amount of money that remains after all expenses have been deducted from the total revenue. Profit is what is left after all the costs of doing business have been taken into account.
Revenue and profit are related, but not the same. Revenue is a top line number, while profit is a bottom line number. Revenue is the total amount of money a business earns before any expenses are taken out, while profit is the amount of money a business earns after all expenses are taken out. Revenue is what comes in, and profit is what’s left after all expenses are paid.