Comment on FTC fines Razer for every cent made selling bogus “N95 grade” RGB masks
ColeSloth@discuss.tchncs.de 6 months agoYes, but there’s two tours of “revenue”. There’s net revenue, and there’s gross revenue. One is how many dollars worth they sold, and the other is how much they actually profited from it.
xthexder@l.sw0.com 6 months ago
I think you’re confusing net income with net revenue. As far as I know, net revenue is just gross revenue minus discounts and refunds. All other expenses such as cost of materials are then subtracted after that to get net income (their actual profit).
Either way, revenue represents how much money they actually received from customers.
ColeSloth@discuss.tchncs.de 6 months ago
Yes, exactly. Except you’re wrong.
investopedia.com/…/what-are-difference-between-gr…
There are many other links. That one I just grabbed from top spot of Google search when I typed in “net revenue”.