2 ms·
As far as I understand they did not make a profit in 2025. They posted positive adjusted EBITDA, which is not the same.
by bootlooped 8mo ago
As far as I understand they did not make a profit in 2025. They posted positive adjusted EBITDA, which is not the same.
- dmix 8mo agoYou're right, wrote that from memory. It was EBITDA that surpassed anything Twitter previously had before purchasing it. > Despite a revenue drop from $5 billion in 2021 to roughly $2.7 billion in 2024, the EBITDA margin surged from 13.6% to 46.3% due to drastic cost-cutting measures and restructuring https://x.com/ekmokaya/status/1887398225881026643 https://x.com/ekmokaya/status/1887398225881026643