What is Revenue?

Revenue is the amount of money earned by a company from the sale of goods or services.

Basically, it’s the money a company makes from its main business activities. Revenue is an essential part of a company’s financial health, and it is one of the measures of the company’s success. It can come from various sources, such as the sale of products, services, subscriptions, or advertising.

                       ✍️  Revenue = Price x Quantity 

e.g. If a company sells 100 units of a product at $10 each, the revenue for that product is $1,000.

Revenue is important because it helps a company understand how much money they're making and how much they can invest back into the business.

By tracking revenue over time, a company can also see how their sales are growing or declining, which can help them make informed decisions about their operations.