But just so you know what EBlT is, EBlT is just Earnings

Kill the goose that lays the golden eggs.

And at least it'll give you a sense of how revenues, gross profit, operating profit, pre tax income and net income really are different.

Minus 500,000.

And you'll hear these numbers, gross and operating profit and net profit and pretax profit, and it's very hard to understand that these are actually very, very different things, because they all have the word profit, and what does gross and operating and all that mean?

And when people talk about earnings of a company, this is what they're talking about.

And so you can already imagine that both EBlT and the way I defined it initially, operating profit divided by assets.

So you take the interest out.

And you could guess what the next line is going to be, given that this says pre tax.

They have no interest expense, because that's not the point of this video.

This is really important to pay attention to, because so many people say, oh, a company made this much.

So you've probably heard not only the term earnings, you've probably also heard the term earnings per share.

They buy more of your service and they tell more of their friends, which leads to more profit.

He claimed his share of the profits.

That information then needs to be connected to choices, needs to be connected to a range of options, directions that we might go to trade offs, benefits.

It's good for everybody.

Even if it benefited the publishers, it was a creative right and author's right.

If we sell two items at that price it'll be 2 times 5 or we'll have a profit of 10.

And let's say, assume if I inherited this million dollars, I didn't finance it.

What luck, Wotan! Great your gain when you won the ring

And now we are left with our we're getting close to where we need to get to pre tax income.

This is what the owners of the company get before they pay the government.

(Laughter) But I know it's the bottom line, or one's perception of it, that motivates people in the end.

We know how much it takes to build our product.

The assets are generating this.

You can either profit by this or be destroyed.

I'm only looking out for what's best for both of us.

Minus 50,000.

But when you lower the Price to Earnings you are increasing the Earnings to Price.

Also, in the interest of security and public safety...

And when you do, you'll understand how to use them to make your startup into a large company.

We are assuming a very simple world, were the is no taxes, we have no debt, we have no intrest or things

That is, already with the first mission we regained our investments almost fivefold. Any accidents?

So, let's see, you have to do 1.85.

You send men to slaughter for your own gain.

And then if you subtract your costs from your revenue, or if you just add these two numbers, because this one is negative, you have your gross profit.

Traditionally, in a crisis, what do we do?

Normally, you render a surface, and the fragment color for each pixel is stored, if it's the closest visible object.

Utilities are still rewarded when their customers waste energy.

But again, fun is not enough.

I'll just abbreviate that as Nl.

And then, how much am I making from the business now?

Science comes first, but business comes a close fucking second.

So while we want to make economic profit for ourselves and our customers, we are willing to do it with a long term view, and we like to have a wider definition of profits than just the economic profit in the next quarter.

But here you see it means very, very different things.