from Hacker News

Twitter May Be Cash Flow Break-Even Soon – “The D Is Quite Big”

by frenchman_in_ny on 3/7/23, 9:40 PM with 7 comments

  • by frenchman_in_ny on 3/7/23, 9:40 PM

    With all the attention Twitter receives, it’s “startling” how little money it makes, he said. Musk said Twitter is profitable based on Ebitda, or earnings before interest, taxes, depreciation and amortization, but emphasizes the “D” is quite big and they need to focus on the “E” part.

    Only in Elon-land...

  • by IndoorPatio on 3/7/23, 11:54 PM

    What part of EBITDA covers debts owed that the owner is refusing to pay?
  • by Flatcircle on 3/7/23, 9:59 PM

    Like him or hate him, never bet against Elon.