Money
Gross profit
Revenue minus the cost of goods sold. Divide it by revenue and you get the gross margin: £100 of sales with £30 of COGS is £70 of gross profit, a 70 per cent gross margin.
You'll hear it as
Gross profit is healthy. It's everything below that line that's the problem.
Why it matters to you.
Every pound cut from the cost of running the product goes straight into gross profit.
Also called Gross margin.
Related terms.
Videos.
No video mentions Gross profit by name yet. These are on the same topic, Business & startups.