No single number tells any story on its own. You can have $1T revenue tomorrow. Just sell $10 bills for $1.
Net income would be negative. Aka profit.
https://www.investopedia.com/terms/n/netincome.asp
If you sold 2 $10 bills and received $2 in exchange, your revenue is $2, your cost of goods sold is $20, and your net income or profit is -$18.
