Re:Tech bubbles are bursting all over the place
by dragontamer on Friday May 13, 2022 @03:04PM
(#31371372)
Net income is profits, also known as earnings.
Gross income is just an intermediate-step in the way towards the bottom line (net and/or profits).
Its strange that the earlier poster wants to talk about gross instead of net on this point. You can almost always tell that someone is being a bit shady with their arguments when they say "income" or "profits" and then backtrack it to say "Oh, I meant gross income".
When you say "income" or "profits", everyone rightfully assumes you mean "net income", the bottom line. The most important number.
Gross income is just an intermediate-step in the way towards the bottom line (net and/or profits).
Its strange that the earlier poster wants to talk about gross instead of net on this point. You can almost always tell that someone is being a bit shady with their arguments when they say "income" or "profits" and then backtrack it to say "Oh, I meant gross income".
When you say "income" or "profits", everyone rightfully assumes you mean "net income", the bottom line. The most important number.