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No they are not. Uber deliberately plays games with Non-GAAP reporting ("look how profitable we are if you ignore pesky things like interest, depreciation, and
by mdorazio 6y ago
No they are not. Uber deliberately plays games with Non-GAAP reporting ("look how profitable we are if you ignore pesky things like interest, depreciation, and stock compensation") and shuffles losses away from Rides (to Tech) to show a net profit when there is none. Any standard accounting look at their balance sheet shows them losing money.