On4 Communications Inc (ONCI)

[Traderboy1966]

Sales refer to the proceeds received from the selling of goods and services to the customers. It represents the contract between the buyer and seller that incorporates transfer of title of goods, in exchange for adequate consideration.



On the other hand, revenue indicates the total amount of cash generated by the company from its diverse range of activities. It delineates the income earned from selling goods, delivering services or using capital in any other way, related to the core activities of the business, before giving effect to the expenses and costs.