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> Twitter's revenue is $5 billion-ish. The new interest payments are estimated to be $1.3 Billion/year IIRC Most quarters Twitter operates at a loss. 2021 its
by bdcravens 4y ago
> Twitter's revenue is $5 billion-ish. The new interest payments are estimated to be $1.3 Billion/year IIRC
Most quarters Twitter operates at a loss. 2021 its profit was less than $1B.
- dragontamer 4y agoI agree. But words like "Revenue", "Operating Profit (loss)" and "Net Profit (loss)" have meanings. Looking at the 2021 10-k statement, I don't know what number has to "double" to cover the estimated new loans (and besides, no one seems to have reported on the details of these new loans either. Even the $1.3 billion/year estimate I put forward is just a round-assumption of 10%ish payments). ------- That paragraph there is... complete nonsense. I think its fair of me to point it out. https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/947c0c34-ca90-4099-b328-a6062adf110f.pdf https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/947c0c3...