Profit Metrics
What does it mean for a company to be profitable? Let's dive in 🤿
You might have learned about Income Statements in a previous lesson, but the Income Statement is actually a bit more complicated than what we showed you earlier! 🤔
Let's break down at the first equation from the income statement: Revenue - Cost of Goods Sold = Gross Profit
The next equation helps us get to operating income, which helps us understand a company's core business profitability!
Finally, we get to Net Income, or the "bottom line" -- let's dig in!
You may have heard about EBITDA, but what are the D and the A?
Finally, let's learn about EBITDA and how to calculate it!
