3 ms·
Contribution margin is 50%. With fixed costs around $3billion / year. They need to double revenue to $6 billion to get to profitability. Edit: By comparison
by naveen99 8y ago
Contribution margin is 50%. With fixed costs around $3billion / year. They need to double revenue to $6 billion to get to profitability.
Edit:
By comparison Uber’s contribution margin is only 9%. With fixed costs around 4 billion , it can probably get to profitability by increasing contribution margin to 40% with the same revenue, or by growing revenue 3x. Probably both contribution margin and revenue will go up 3x eventually.