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You are not being fair by purposely avoiding to include their growth numbers. Their revenue increased almost twice in a year and number of riders increased by a
by sytelus 8y ago
You are not being fair by purposely avoiding to include their growth numbers. Their revenue increased almost twice in a year and number of riders increased by almost 50%. Although loss has increased by 4X so things does remain ugly. This is something I don’t understand. Even if you bought revenues, loss should have increased by only 2X. Why is it 4X? Things are not adding up and I suspect Mr Market is going to be very upset.
- NotPaidToPost 8y agoIncluding growth number makes the whole picture even worse because losses increase faster than revenue. I.e. they're "buying" new revenue on credit for an ever increasing price.