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You are right, they are not big, but turnover (Eur 59mn) is the P&L metric that counts as a matter of size, not profit. Or you can have fun with GM having beco
by chalst 15y ago
You are right, they are not big, but turnover (Eur 59mn) is the P&L metric that counts as a matter of size, not profit.
Or you can have fun with GM having become massively negatively sized when it reported a $4.3bn loss in 2009...
- waitwhat 15y agoSure. And if you compare Spotify's turnover with that of the big dogs I mentioned earlier (Apple, Google, Amazon) with whom they are bound to eventually compete directly, they are still tiny.