Revenue vs. profit: What's the difference and why does it matter?

Simplifying the math behind revenue and profit.

It was our most successful year. The business grew 20% compared to the previous year, and the CEO was about to share the results in detail, which excited me.

“We delivered 280 million EUR this year. It’s our most successful year, and there’s still plenty to grow. Also, we had 3 Million EUR of net profits.”

As I listened to the CEO, I got confused. How co…