Newstart@lemmy.world to World News@lemmy.worldEnglish · 1 year agoElon Musk says Twitter’s ad revenue is down 50% and cash flow is negativewww.cnn.comexternal-linkmessage-square108fedilinkarrow-up1824arrow-down130
arrow-up1794arrow-down1external-linkElon Musk says Twitter’s ad revenue is down 50% and cash flow is negativewww.cnn.comNewstart@lemmy.world to World News@lemmy.worldEnglish · 1 year agomessage-square108fedilink
minus-squarevimdiesel@lemmy.worldlinkfedilinkEnglisharrow-up12arrow-down1·1 year agowhen you take out the fuzzy math it means profits are down 75%
minus-squareAceticon@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down2·edit-21 year ago“Cashflow is negative” means that they’re losing money. So profits are down by more than 100%.
minus-squaresuspecm@lemmy.worldlinkfedilinkEnglisharrow-up2·edit-21 year agoIf you add the monthly costs of the loan he took to buy Twitter, profits are down by 500%.
when you take out the fuzzy math it means profits are down 75%
“Cashflow is negative” means that they’re losing money.
So profits are down by more than 100%.
If you add the monthly costs of the loan he took to buy Twitter, profits are down by 500%.