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X plunging in value is outdated information. EBITDA is double what it was when it was public ($682m to $1.25bn). Revenue is down, but profit is up substantially
by 0xy 2y ago
X plunging in value is outdated information. EBITDA is double what it was when it was public ($682m to $1.25bn). Revenue is down, but profit is up substantially, due to aggressive cost management.
XAI is valued at another $40bn as well.
- anonymous_user9 2y agoTwitter’s interest payments are quite large though, something like $1.2bn/year.
- 0xy 2y agoThe advertising business is rising again, with Disney, Comcast and IBM back. [1] If revenue is rising, with the new cost structure it'll be a cash machine. The doomers who claimed Twitter would collapse were plainly wrong, there's been one minor outage with dramatically reduced infra and employees. [1] https://www.adweek.com/media/advertisers-returning-to-x/ https://www.adweek.com/media/advertisers-returning-to-x/