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"I don't like it" != financial distress. From Twitter's 2021 10K: "FY 2021 Highlights Total revenue was $5.08 billion, an increase of 37%, compared to 2020."
by guyzero 4y ago
"I don't like it" != financial distress.
From Twitter's 2021 10K:
"FY 2021 Highlights
Total revenue was $5.08 billion, an increase of 37%, compared to 2020."
2021 net losses were $221M, which is a big improvement on $1.135B in 2020.
Honestly seems like things are really shaping up @ Twitter.
- fullshark 4y agoI’m actually a bit amazed they aren’t profitable yet. Hasn’t their user base been stagnant/shrinking for years? What are they investing in?
- guyzero 4y agoThey were profitable in like 2017-2019. Their financials are public, it's easy to see at a macro level where the money is going.
- quickthrowman 4y agohttps://www.sec.gov/edgar/browse/?CIK=1418091&owner=exclude https://www.sec.gov/edgar/browse/?CIK=1418091&owner=exclude
- Kye 4y agoI'm curious to see how this holds up without the events of January 6th driving so many ad impressions.
- onelovetwo 4y agohttps://twitter.com/cameron/status/1514977953079209985 https://twitter.com/cameron/status/1514977953079209985
- deleted 4y ago[deleted]