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But SEMRush says this, right there in their report > We do not know if we will be able to achieve or sustain profitability in the future. This is a little dif
by shakezula 6y ago
But SEMRush says this, right there in their report
> We do not know if we will be able to achieve or sustain profitability in the future.
This is a little different than Amazon running at a deficit to avoid taxes while they're consistently growing YoY.
Taken at face value, this is them admitting they haven't been profitable for years and don't know if they ever can be profitable.
- weird-eye-issue 6y agoEvery single S-1 says that from companies like this. It doesn't mean anything
- nemothekid 6y agoThe risk section of an S-1, should be taken with a grain of salt. Half the items there are simply cookie cutter templates that simply provide protection if their stock goes to 0 and they get sued. Here's is the exact same line from coinbase's S1 > Due to our limited operating history, it may be difficult to evaluate our business and future prospects, and we may not be able to achieve or maintain profitability in any given period. [1] [1] https://www.sec.gov/Archives/edgar/data/1679788/000162828021003168/coinbaseglobalincs-1.htm#i86a9d9b35e45447ea6eb369e5dcf1e6a_1274 https://www.sec.gov/Archives/edgar/data/1679788/000162828021... You will also find "risks" such as "if we fail to add new customers, our business will fail."