best buy.

[Arsilon]

Well, net income, which I assume means "whatever is left after all expenses, including upgrades to infrastructure and expansion efforts". (Similarly, Netflix has been showing a loss, I think, mainly because they're spending millions trying to expand into Europe.)

Net "income" is very differnt from net profit though Slamz. Net "income" is very specifically revenue minus the cost of goods sold. Which is to say that NONE of the capital improvement or investment in restructuring or repackaging would be included.

I'm with Skelas on this one. If those numbers are correct, these guys have to have a HUGE amount of cash reserve in order to still be able to open their doors. It is a STAGGERING drop in sales.

Gross Profit = Revenue - COGS

Net Income = final final after everything is considered.


This is why EBITDA is such a commonly used number when looking at financial results since Net Income includes way too many infrastructure related expenses and doesn't reflect (so the story goes) properly the current operations of a company, especially those in very capital intensive industries that would have much higher Depreciation (the D) and Interest (the I), etc. than other companies.