What are Net Operating Losses?

Net loss, relative to the concept of net profit, calculates the net negative profit after cost.

Net loss

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Net loss, relative to the concept of net profit, calculates the net negative profit after cost.

To put it simply, income-expense = profit but profit may be> 0. If it is positive, then it is called net profit; or if it is <0, if it is negative, it is called net loss. Because in reality people generally refer to profits and losses together, but profits also include losses in accounting, so the concept of net profit and net loss is proposed.