What is the excess of revenue over expenses?

The excess of revenue over expenses, often referred to as net income or profit, is the amount that remains after all expenses have been deducted from total revenue. It indicates the financial performance of an organization during a specific period, showing whether it has generated a surplus or deficit. A positive excess signifies profitability, while a negative excess indicates a loss. This measure is crucial for assessing the sustainability and growth potential of a business or organization.