I always like tracking whether uber is facing impending doom. The answer is no. They're still fine for a good long while. Here are the actual income statements

I always like tracking whether uber is facing impending doom. The answer is no. They're still fine for a good long while. Here are the actual income statements: https://investor.uber.com/news-events/news/press-release-details/2021/Uber-Announces-Results-for-Third-Quarter-2021/ https://investor.uber.com/news-events/news/press-release-det... Are they profitable? No, but maybe closer than some are thinking, and further than others lol. If you ignore their 1.8B loss on Other Income which I think is mostly Didi, you've got a few big items left that seem likely to be recurring and "important": * + 100M gain on taxes (yes, gain as in benefit) * - 100M loss on interest * - 200M loss on depreciation * - 300M loss on stock comp So if I were to adjust their adjusted number, I would say they're still about 500M in the red for the quarter. In the most generous of takes I'd say they can get 40% gross margin on new revenue. So to make up $500M they'll need to do $1.25B more revenue which is about 26%. So... yeah I guess they could get there.