Intelligent Bio Solutions expects to achieve 32.6% Gross Profit Expansion and Increased Profitability on Higher-Margin Sales
Gross profit expected to surge by 32.6%Unaudited revenue of $0.61 million for fiscal Q2 and $1.48 million for the six months ended December 31, ...
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Profit and loss accounts (income statements)
The equation for working out gross profit: Revenue – Cost of sales = Gross profit Expenses (overheads) – these are the costs that do not change as production increases or decreases.