The underlying profit reported by a company is produced to highlight what they believe gives the best view of a company’s profit during its respective operating period.

As a result, underling profit tends to strip out one-off costs and changes and unique events.

For example a company may strip out a one-off  charge related to a large sum of compensation paid to a consumer. Or a company may exclude an event such as moving to a larger new office within the calculating of the underling profit.