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What is Net Profit?

\r\nNet profit is the total earnings your business keeps after deducting all costs, including cost of goods, operating costs, taxes, and more. It’s the ultimate indicator of profitability.\r\n\r\nNet Profit = Total Revenue - Total Costs\r\n

What is Net Profit Margin?

\r\nNet profit margin shows the percentage of your revenue that remains as profit after all costs. It’s a key metric to assess efficiency and profitability.\r\n\r\nNet Profit Margin (%) = (Net Profit ÷ Total Revenue) × 100\r\n

These metrics are crucial for understanding your business's financial health and identifying areas for growth.

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