iQSTEL Inc (IQST): Actually, revenue is the gross sales pri...

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Re: Joe99999 post# 21990

Sunday, 02/07/2021 11:54:39 AM

Sunday, February 07, 2021 11:54:39 AM

Actually, revenue is the gross sales price. Operating income is what remains after deducting cost of sales and related SG&A expenses, and is generally how the profitability of any given product line would be evaluated. I think he was referring to revenue in his statement.

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