"Revenue" is all the money made off a product before taxes and expenditures are taken into account. For example, if you sell a product for $10, your revenue is $10. Tax is $0.70, and say you spent $2 just to make the product. Your PROFIT is ten minus two minus seventy-cents. Do not confuse REVENUE with PROFIT. They are different.
Profit is revenue, generated through sale of products and services, minus the costs of producing/distributing those products and services. When the revenue generated in a period of time exceeds the company's costs, the company has achieved a profit. If the costs incurred by the company exceed the revenue generated in a period of time, the company has a loss.
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