Financial Statements
Revenue
Definition
What is Revenue?
Income generated from selling goods or services before expenses are deducted.
Example in practice
How This Looks in Practice
A software company reports ₦5 billion in annual revenue.
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Related Terms
Financial Statements
Sales Growth
The percentage increase or decrease in revenue over a period.
Financial StatementsCost of Goods Sold
Direct costs attributable to goods or services sold during a period.
Financial StatementsGross Profit
Revenue minus the direct cost of goods or services sold.
Financial RatiosGross Margin
Gross profit expressed as a percentage of revenue.