Net profit

Profit remaining after other operating expenses have been deducted from gross profit. In the simplified operating-profit calculation used here, this is before interest and tax.

Gross profit minus the business's other expenses.

The profit remaining after other operating expenses and interest have been deducted from gross profit. Under the formula used in this qualification, it is before tax.

The amount remaining from total revenue after deducting both cost of sales and expenses.

Total revenue minus cost of sales and other expenses.

Profit remaining after both direct costs and overheads have been deducted from revenue.