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sfashset | 3 years ago

> It seems like they are on a better track to profitability if their revenue rebounds a bit - i.e. if they get up to 80% of their previous revenue they will be operating that level of revenue with underlying profitably rather than operating unprofitably at their previously larger revenue figure.

No they won't, because there are an additional ~1.5 billion the company has to pay in interest, as a result of the takeover. Twitter has fluctuated around profitability the last few years, now they have an albatross in interest payments around their neck. The only way Musk can lead them to a "better track to profitability" is if he unlocks significantly more revenue. He's been going in the opposite direction so far.

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