Purpose of consolidated revenue?

The purpose of consolidated revenue is to provide a comprehensive view of the total revenue generated by a company and all its subsidiaries or affiliated entities. By consolidating the revenue figures of all related entities, stakeholders can get a clearer picture of the overall financial performance of the entire group rather than just looking at individual entities separately. This can help in making more informed decisions, assessing the overall health of the business, and evaluating the effectiveness of the company's operations and strategies.

The purpose of consolidated revenue is to provide a comprehensive view of the combined financial performance of a group of companies. It is calculated by adding together the revenues of all the entities within the group, eliminating any intercompany transactions. This allows investors and other stakeholders to assess the overall financial health and performance of the group as a whole, rather than just the individual entities. Consolidated revenue is also used to calculate financial ratios and other metrics that can be used to compare the group's performance to other similar groups or to its own historical performance.