Revenue vs Income - Difference Between Revenue and Income

My income is 60K in a year.
My revenue is 45 K in this year .

THANK YOU

Income is not defined by the Internal Revenue Code. Gross income is. Taxable Income is but not "income" itself. The Supreme Court did define it however for purposes of the 16th Amendment and they defined it as a "Profit or Gain derived from capital, from labor or both combined". The key terms there are "profits and gains".

good subtitle in english

For my opinion the meaning of revenue is nearly the same as income. Income mean how much money your make from all sources and revenue is total amount from all sales. But in fact the individual also can generate sale. How about I running a stall or I doing direct sale to other people? Can I said I didn't generate any revenue by my individual business? Revenue only generate by company is not true.

The difference between revenue and income only stand by meaning matter. Both individual and company can generate revenue and income. Revenue and income only play by meaning game. Revenue stand by sales generated by individual or organization. Income more stand by general meaning like general money earning sources. Just for my opinion.

Thank you 🙏

Emplyee earns income and company generates revenue and Income

Your explanation breakups are very understandable 👍

In Income Tax perspective. It’s depends other factors, i.e. what to include or not

Nice video!! Thanks!!

Hi Jennifer! Thanks! Examples: 1) Sloppy accounting was culpable for the shortfall in revenue. 2) Caused by a meager salary, he had a really low income. He lived in dire circumstances and was as poor as a church mouse.

My student's examples from 2023

Government strategy is aimed to increase citizens’ income.
It was a 5 million margin between revenue and income.

Thank you))

I came here after i googled the meaning of Revenue which i couldn't understood it, but now thanks to you i do. You explained it in a very clear and simple way.

What is the difference between income and profit?

Very useful, thank you very much

Thank for your explanation...

Techer.thnk.u....

Well explained.

Hi highest! Could you please make a video about buy and purchase?

You are so much beautiful Jennifer ❤️💕💕

A nice explanation

Thx Jen :)

Awesome. Just learn income and revenue

Thank you so much for the easy explanation

Fantastic ❤️

Thank youuuu

Understood

you are great thanks !

My college teacher use the word INCOME if expenses is not excluded. NET PROFIT is when expenses already removed. That's what kur Philippine Teacher explained

Thanks for breaking my mixup

The video sound is pretty good, beyond my imagination

Character In the video It's great, I like it a lot $$

Easy to understand and clearly!!! Great video

Great explanation. God bless you

Perfect! Thank you. Long ago I had doubts about that difference!

Great video. I have to say that a person may not want to know vs those who want to know how healthy is the companies revenue. With that information a person can consider their value in a company, will the company be here in the future?, etc. Great information overall. New sub. now

Please what is the difference between the following:A business,A company and A firm?

I love you ! thankss

The revenue of many companies went down recently
I need to increase my income😀

this video really helps me a lot Thank you!!!!

The problem dear teacher is most of people don't say how really are their incomes. Here, there and everywhere, as The Beatles' song.

Income = revenue - expenses! Thanks

It was much good and simple to understand these two terms by you🥰

What is the difference between university and college?

I really appreciate your methodology

Well explained ⭕

I like your explanation

Hello Jennifer! First of all, thank you for sharing your knowledge with us.
My company's revenue for last year was $50M dollars. But it's income was only $5M. We need to work with our cash flow so that we can increase our profit margin.

Very informative and interesting.