Simple English definitions for legal terms
Read a random definition: public-records doctrine
Net revenue is the money a business makes after subtracting all the costs of making and selling their products or services. It's the profit they have left over. This is different from gross profit, which only subtracts the cost of making the products. Net revenue takes into account all the other expenses, like rent, salaries, and taxes. It's important for a business to have a positive net revenue, because that means they're making more money than they're spending.
Net revenue is the amount of money a business earns after subtracting all the expenses from the total revenue. It is also known as net profit. This is the money that the business can keep after paying all the bills and taxes.
These examples illustrate how net revenue is calculated and how it differs from other types of profit. Net revenue is important because it shows how much money a business is actually making after all the expenses are paid. This is the money that can be reinvested in the business or distributed to shareholders as dividends.