Gross profit and net income are critical profitability metrics for any company. But, they are inherently different. Gross profit represents the income or profit remaining after production costs ...

Net income vs. gross income When evaluating either business ... When you look only at revenue, you're not looking at the big picture costs of running a business or its profitability.

Total expenses are the sum of cost of goods and operating expenses. Net profit is the difference between gross profit margin and total expenses. The net income depicts the business' revenues and debt.

Net earnings are derived from gross earnings by deducting the ... that the Tax Burden on Labour data takes total labour costs and therefore also employer-side social contributions into account ...