Net Profit and Gross Profit | Formulas, Margin Calculations and How to Interpret Figures Explained

Really good honestly❤

Thankful for me and now l understand business planning.

Thanks

This is broken down perfectly! Very detailed and easy to comprehend. Much appreciated!👌

Thanks man. Even someone with no business background understands this now thanks for taking us through the ropes. Much appreciated from South Africa

Isn't it: Gross profit = sales revenue — Cost of goods.

Then, Net profit = Gross profit — others Costs.

I just came across this video is super helpful. Thank you so much.

Excellent video, when it comes to expenses are fixed and variable expenses both included?

after a sleepless night i found the video that actually helped me, thank you.

But something that i still don't understand is the differences of a gross margin and gross profit margin. Let's say it like this (Gross Margin and Profit Margin vs Gross Profit Margin).

I studied enterprise 2 years ago and everything regarding finance just flew over my head.
This video refreshed my mind!
Thank you so much for making such a comprehensible guide!

well done

why cant we just include all expenses in total expenses ad directly subtract it from total sales and get net expense why the fuck we need this gross thing

Really helpful condensed video with great visuals. You have a very clear voice as well.

One note. The music was distracting. I think music is a good edition generally but quiter and lower energy

Should salaries be paid from gross profit? I need some clarity on this

So I am a bit confused, should salaries be paid included in expenses before arriving at the net profit? I would appreciate some clarity on this.

Thank you very much for the great sharing, it helps me at the right time, appreciate :)

amazing

Your videos are my ' go to' when studying business! Ty so much for all the useful content.

Thank you

Currently, am the most irrelevant person in this field, but I have a course in which I need to create my personal development plan as a personal trainer, and this video, covered on my mind in just 8 minutes, all that I had to know about profits, expenses, and financial business monitoring/development formulas! Great job guys! I wish you millions of subscribers!

Great video! What’s the name of the song in the background?

I want to learn more about business 🙏🏻👍

Lovely lovely video, makes things so easy and I love that graphics

Hi, thanks for the video I want to make sure I understand so I will share an example of a business that is for sale. Cleaning Businesses: the price is $45,000 | Cash Flow: $26,770 CF | Gross Revenue: $30,000 GR | What does it mean ? What's the net ? is it a good investment?

Fantastic video

thank you so much this has been very very informative i looked at so many different articles about this but none made sense as easily as you have. thank you so much

what is the gross profit if the elements of the income statemnt look as follows: secondary income 33,000; COGS 68.000; depreciation 500; sales 100,000?
a)32,000
b) 20,000
c)32,500
d)25,000
e) none of above answers is correct

Someone could help me? I don't know how to calculate that?

What’s the difference between net profit and net income?

What the difference between gross income and gross profit?

thank you so much!

Thank you so much

i hate maths but now its time to push ourselves 😅 as am taking over a restaurant . very clear explanation . i got this finally. thanks dude and looking forward to watch more of yours. ill subscribe from my phone. 👍

There is one thing I need help with though. Our organisation makes a lot of products. I see you are using all the products and all the COGS. However I am trying to work out product price since so much of the operating expenses and even staff are shared by the different product divisions.

Thanks in advance.
In the mean time Im going through the rest of your channel to see other nuggets that I can take away

Next level info.. Thanks guys - Starting to look into this stuff.. I dont know why my accountant always puts my COGS at the bottom.

This was a very clear, concise and helpful video. Thanks, subscribing.

I don't get it ? So you're saying gross profit margin and net profit margin formula are the same 😕
Can you please explain it for me😊

With all respect for your work.. I found the video difficult to follow because of the annoying music in the background. I, as a general viewer, either want to learn something or I want to listen to music. Please cut the music, don't stretch the content and you will have less work to do and more subscribers... A total win-win!!!! Cheers

Sales revenue is net?

Interesting...

This was superb guys! Thanks kindly for doing this. Keep up the good work.

Thank you. Explained nicely

Wonderful guys. I have found this video more than useful. Thank you so much. I have spent hours searching for explanations before finding this. I have actually downloaded it. Thank you

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Dahm i was hoping someone would comment the answers