Gross Profit Calculation

Gross Profit Amount shows the expected profit or loss in currency value.

Formula:

Gross Profit Amount = Expected Revenue - Total Trip Cost Gross Profit Percentage shows the profit or loss as a percentage of revenue.

Formula:

Gross Profit % = Gross Profit Amount / Expected Revenue x 100

Example:

Expected Revenue = 400,000 Total Trip Cost = 1,675,630 Gross Profit Amount = 400,000 - 1,675,630 = -1,275,630 Gross Profit % = -1,275,630 / 400,000 x 100 = -318.91% This helps management quickly identify profitable and loss-making routes or trips.