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Please check box's financials [1]. They have annual revenues of $500M and can surely show a profit with non standard accounting practices (all the BS employed
by mankash666 9y ago
Please check box's financials [1]. They have annual revenues of $500M
and can surely show a profit with non standard accounting practices (all the BS employed as disclaimers by Dropbox to spin a loss as a profit). Box's valuation is around $3.2B.
Personally, anything over a $6.5B valuation for Dropbox is grossly over valuing it, by using Box as a benchmark from the open market
[1]: https://www.google.com/search?q=NYSE:BOX#wptab=COMPANY https://www.google.com/search?q=NYSE:BOX#wptab=COMPANY
- mankash666 9y agoWhat's the down-voting for? Seems like a perfectly legitimate comparison to a public company offering the EXACT same product to the exact same market segment.
- rpearl 9y agoYou can look at the relatively standard metric of EBITA (which Dropbox says is positive) right here https://www.marketwatch.com/investing/stock/box/financials https://www.marketwatch.com/investing/stock/box/financials and note that it was -$100M in 2017. You can also see their revenue in 2017 were $400M, not $500M so you're kind of pulling numbers out of nowhere...