Can you explain?!pls
EBIT is Earnings before interest expense and taxes. Also called operating income.
Revenues are how much the company makes before any expenses are taken out.
EBIT is how much operating profit the company makes. In other words, how much profit they made from doing what the business is supposed to make money from.
Revenue is sales, it's the biggest picture figure there is, how much did you sell before incurring any sort of costs associated with selling those products or running your business? Your example has $58,158,000 in sales, and $17,551,000 in earnings AFTER expenses (cost of goods sold, payroll, electric, maintenance, etc). If Interest expense (essentially a fee you pay on loans from various sources) and taxes were subtracted, that $17,551,000 would be an even lower number. Worth noting that EBIT (Earnings Before Interest and Taxes) is AFTER taking out costs like depreciation and amortization, which aren't actual cash expenditures but rather assumed/estimated costs.
+$ 58,158K Revenue with $17,551K EBIT ?
Can you explain?!pls
