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In this content, Lena Petrova, a Certified Public Accountant (CPA), explains the difference between revenue and profit in a concise manner. Revenue refers to the total income generated by a company from its sales of goods or services before any expenses are deducted. Profit, on the other hand, represents the net income left after subtracting all expenses from revenue. Gross profit and net profit further differentiate between costs related to production and all expenses respectively. Understanding these differences is crucial for financial analysis.

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