Revenue vs Profit Debate
The cluster centers on discussions correcting misconceptions about revenue versus profit, stressing that revenue does not equal profit after expenses and criticizing comparisons that ignore costs or treat revenue as profit.
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That accounts for profit, not revenue
But not their expenses? Revenue != Profit.
It's only a cost if the expenses are larger than the revenue...
Minus all the profits the companies take…
The person seemed to be implying as if they were making the money back in 1 day otherwise this comparison would be meaningless, as they can have infinite revenue, but 0 profit.
The cost is 8/m of profit that wouldn’t show up on the balance sheet
I wonder what the real costs are and what is taken as profit
Profit is after costs+investments removed, not just payroll.
A massive revenue that is dwarfed by massive expenses isn't "profit"
They should compare with profits, revenue has costs.