Twitter has been operating at a massive loss for years, failing to book an annual profit since 2019 (Mauer, 2022). For eight out of the last ten years, the company has posted a loss.
If anyone wants to nitpick over the 2/10 years when they reported profitability, consider the real value of getting in the black twice in company history in an environment where you’re gearing up for a an IPO. The long-term trend is clearly that this is not a viable business model.
Twitter doesn’t generate profits:
If anyone wants to nitpick over the 2/10 years when they reported profitability, consider the real value of getting in the black twice in company history in an environment where you’re gearing up for a an IPO. The long-term trend is clearly that this is not a viable business model.