3 ms·
Sure but if a corporation makes 300k a year that's called revenue, the revenue minus costs are profit, no?
by dmoy 9y ago
Sure but if a corporation makes 300k a year that's called revenue, the revenue minus costs are profit, no?
- hackits 9y agoRevenue-Expenses=Profit
- notyourday 9y agoBasically, it depends on the size of the company - the numbers reported by Netflix are GAAP. The tricky part is depreciation and amortization v. cash which would create a different outcomes in a cashflow and GAAP. A company with a positive cashflow and GAAP profitable is in the best spot, followed by a company with a positive cashflow and losing money in GAAP-land, followed by a negative cashflow and positive GAAP-land, followed by a negative cashflow and negative GAAP.