@Clbull@lemmy.worldcake to Technology@lemmy.worldEnglish • 1 year agoReddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Yearswww.forbes.comexternal-linkmessage-square133fedilinkarrow-up1715arrow-down117
arrow-up1698arrow-down1external-linkReddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Yearswww.forbes.com@Clbull@lemmy.worldcake to Technology@lemmy.worldEnglish • 1 year agomessage-square133fedilink
minus-square@ApeNo1@lemm.eelinkfedilinkEnglish13•1 year agoI am not a CFO but I believe essentially by eating into cash reserves and accumulating debt. Also there is some wizardry when you work out operating profit / EBIT. Earnings vs Debt Someone more financially competent may want to offer a more accurate answer.
What does that mean? Who pays the shortfalls?
I am not a CFO but I believe essentially by eating into cash reserves and accumulating debt. Also there is some wizardry when you work out operating profit / EBIT.
Earnings vs Debt
Someone more financially competent may want to offer a more accurate answer.