What is net loss?
submitted by Razmataz Dillybean

Roy G Bivve

Net loss is when company's total expenses exceed its total revenues during a specific accounting period. This shows up on the income statement as a bottom-line figure, showing that the company has incurred a deficit. It signifies that the business was not profitable for that period.

It can be called negative net income, which is a fun euphemism for "you lost money."

Snarly Marley

Net loss happens when a business spends more money than it earns. For example, if a company earns $10,000 in sales but spends $12,000 on expenses like salaries and rent, the difference of $2,000 is a net loss. It's basically the company losing money during that time.

Jivvleg

Net Loss = Total Expenses - Total Revenues

This happens when expenses are higher than revenues, like when you lose money. It is listed at the bottom of the income statement as a negative number.