Net Income
Also called: net profit, bottom line, earnings
Net income is what remains after every expense, interest and tax — the bottom line, and the input to earnings per share. It's an accrual figure, not cash: a profitable company can run out of money and a loss-making one can generate cash. That gap is why the cash flow statement exists, and why comparing net income to operating cash flow over several years is a standard quality-of-earnings test.
Where this is taught
Definitions are the trailer. These free levels turn Net Income into something you play — one bite-size lesson, with worked examples, a quiz and XP.