Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of business and is important item when evaluating financial statements of a company. Revenues from a firm's main business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can includes product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Greencastle Revenue Assessment
Based on latest financial disclosure Greencastle Resources Ltd reported 253.02 K of revenue. This is 100.0% lower than that of Basic Materials sector, and 99.99% lower than that of Independent Oil and Gas industry, The Revenue for all stocks is 100.0% higher than the company.
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Greencastle Resources Ltd is rated below average in revenue category among related companies. Market size based on revenue of Independent Oil and Gas industry is at this time estimated at about 40.83 Billion. Greencastle adds roughly 253,020 in revenue claiming only tiny portion of equities under Independent Oil and Gas industry.
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