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No I’m saying that they are spending more per year than they are making but the content they create with that spending has value beyond the year it was made so
by laurencerowe 7y ago
No I’m saying that they are spending more per year than they are making but the content they create with that spending has value beyond the year it was made so though they are cash flow negative they are still profitable.
- MegaButts 7y agoSo is the future value of that content reflected in the net income I linked? That explains my misunderstanding. I'd ask how they calculate that number but I guess I should just dig into the earnings reports myself.