4 ms·
Whoa, Dropbox yearly income is about $500 million per year. $2.5 billion income on a $6 billion market cap would be a much better deal. Box is about $115 mill
by fist 4mo ago
Whoa, Dropbox yearly income is about $500 million per year. $2.5 billion income on a $6 billion market cap would be a much better deal.
Box is about $115 million income.
- bhouston 4mo agoI meant "gross income", which is revenue. Not "net income", which is profit. I was unclear and I apologize.
- fist 4mo agoRevenue and gross income are definitely not the same. It's a very common confusion.
- bhouston 4mo agoYou are correct actually, not sure why you are being downvoted. I just checked and the definitions are: "Gross income is that same revenue minus the direct costs of producing the goods or services (such as materials and direct labor)."