3 ms·
Twitter was profitable for two years, 2018 and 2019. https://www.statista.com/statistics/274563/annual-net-income-of-twitter/ https://www.statista.com/statisti
by upon_drumhead 3y ago
Twitter was profitable for two years, 2018 and 2019.
https://www.statista.com/statistics/274563/annual-net-income-of-twitter/ https://www.statista.com/statistics/274563/annual-net-income...
My understanding is the majority of those loss years was due to how they accounted for RSUs, however I can’t find that easily right now.
I don’t get the impression that it was at all close to imploding pre-musk. Do you have any links to back up that claim?
- zimpenfish 3y agoAlso "technically profitable" in 2021 -- except for a $760M legal settlement they had to pay out which dropped them to a ~$490M loss.