Clbull@lemmy.world to Technology@lemmy.worldEnglish · 8 months agoReddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Yearswww.forbes.comexternal-linkmessage-square171fedilinkarrow-up1360arrow-down16
arrow-up1354arrow-down1external-linkReddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Yearswww.forbes.comClbull@lemmy.world to Technology@lemmy.worldEnglish · 8 months agomessage-square171fedilink
minus-squareAndy@slrpnk.netlinkfedilinkEnglisharrow-up3·8 months agoWhat does that mean? Who pays the shortfalls?
minus-squareApeNo1@lemm.eelinkfedilinkEnglisharrow-up3·8 months 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.