Net profitThe gross profit of a company (total turnover of products sold less costs to purchase or manufacture) less all other expenses. When net profit figures are quoted, the author usually makes it clear whether the figure is before or after tax. In company accounts, the word 'net' is often dropped, so that you simply have 'Profit before tax' and Profit after tax'.
Not for profitNot for profit
An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses.
Profit TableProfit Table
A table of results of a particular strategy at some point in time. This is usually a tabular compilation of the data drawn on a profit graph. See also Profit Graph.
Net profit before tax (pre tax profit)Net profit before tax (pre tax profit)
The net profits of a company before they are reduced by Corporation Tax.
Gross profitGross profit
The difference between (i) turnover and (ii) the cost of making a product or providing a service, before taking into account overheads, salaries and wages, and interest payments.The logical step after calculating gross profit is to go on to calculate the gross profit margin, which is the gross profit as a percentage of turnover.Example: a company has turnover of £10m and the cost of providing its service is £5mits gross profit is £5mits gross profit margin is £5m / £10m x 100 = 50%
Trading profitTrading profit
The profit earned on short-term trades of securities held for less than one year, subject to tax at normal income tax rates.
Further SuggestionsProfit center
Directly Unproductive Profit-Seeking Activities
profit before tax
Realized profit (or loss)
Pretax earnings or profits
unitised with profits
Operating profit margin
Non profit endowment
net profit after tax
Gross profit margin
Profit sharing plan
Unitised with profit endowment