ClbulltoTechnology@lemmy.worldEnglish·8 months agoReddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years(www.forbes.com)external-linkarrow-up1871arrow-down121message-square194fedilink
arrow-up1850arrow-down1external-linkReddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years(www.forbes.com)ClbulltoTechnology@lemmy.worldEnglish·8 months agomessage-square194fedilink
minus-squareAndyEnglisharrow-up17arrow-down0·8 months agolinkfedilinkWhat does that mean? Who pays the shortfalls?
minus-squareApeNo1Englisharrow-up13arrow-down0·8 months agolinkfedilinkI 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.