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From when twitter went public(2013), the deficit decreased every year and eventually the company ran a measurable profit in 2018 and 2019. It ran red in 2020 bu
by CuriousCosmic 4y ago
From when twitter went public(2013), the deficit decreased every year and eventually the company ran a measurable profit in 2018 and 2019. It ran red in 2020 but since then has been making a profit most quarters. This seems to indicate that while they weren't running on great margins, they were above board even if just barely.
https://www.statista.com/statistics/299119/twitter-net-income-quarterly/ https://www.statista.com/statistics/299119/twitter-net-incom...
And the $4 million/day is from the debt incurred by Elon's purchase.