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Who cares if they are or aren't EBITDA profitable. It's pretty clear they could cut growth expenses dramatically at at point if they chose.
by nl 4y ago
Who cares if they are or aren't EBITDA profitable.
It's pretty clear they could cut growth expenses dramatically at at point if they chose.
- nl 4y agoTo the downvoters: what exactly do you think profitability shows and why is it important? The general answer is "the company is default alive". But actually looking at cashflow and which expenses can be cut gives a much better idea of that.
- coffeebeqn 4y agoSince the era of free money has probably come to an end , the ability to be profitable is maybe necessary now. If the only funding you can get is a 7% loan then suddenly your math will look very different since you have to pay that interest
- nl 4y agoAs my comment says, cashflow is an even better source of money.
- 0xy 4y agoYou're right, because competitors like Adyen can make a 7% net profit while being very competitive with Stripe fees.