Synonyms: Net Income = Net Profit
Business earnings after deducting the OPEX, Interest and Income Tax from Revenue:
Net Income = Revenue - OPEX - Interest - Income Tax
The terms above are calculated for the same accounting period (usually 12 months).
It is one of the most important measures of the Business profitability.
Only positive Net Income with a positive FCF adds value to the Business.
See also
Business / Business Administration / Financial Management / Financial Accounting / Profit and Loss (P&L)