Replies to post #21990 on iQSTEL Inc (IQST)

[Mr_comp_geek]

Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. ... Profit is the amount of income that remains after accounting for all expenses, debts, additional income streams, and operating costs

[jerseyboy]

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.