In other words, if you make 10,000 widgets and sell them for £1 each, your revenue is £10,000. It may sound obvious, but every time that I think about a company’s finances I remind myself of this.
Revenue
Revenue is Volume times Price.
Related articles
Jake Summers, Assistant Research Analyst at JM Finn, gives an overview of finance's hidden drivers.
William McCubbin, Assistant Research Analyst at JM Finn, gives an overview of finance's hidden drivers.
Henry Birt, Research Analyst at JM Finn, gives an overview of accrual and cash accounting.
If you like this article, follow us for more insights.
To receive more content like this subscribe today.