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It was profitable in 2018/2019. It had a big loss in 2020 and almost recovered in 2021. All in all, they weren't doing terribly bad at the time (but not well ei
by viraptor 3y ago
It was profitable in 2018/2019. It had a big loss in 2020 and almost recovered in 2021. All in all, they weren't doing terribly bad at the time (but not well either).
Elon has not made it profitable as far as I know. In 2022 90% of revenue was from ads which got gutted after Elon. 3 months ago, there were still under https://www.reuters.com/technology/elon-musk-says-twitters-cash-flow-still-negative-ad-revenue-drops-2023-07-15/ https://www.reuters.com/technology/elon-musk-says-twitters-c... and I haven't seen anything really positive since. And that's ignoring ongoing lawsuits. It still wasn't profitable in September and they don't think it will be until next year https://fortune.com/2023/09/28/linda-yaccarino-x-twitter-ceo-profit-code-conference/ https://fortune.com/2023/09/28/linda-yaccarino-x-twitter-ceo...