Net income/profit is what matters, revenue is largely irrelevant. Your own date is a perfect example of this since Twitter somehow managed to lose a ton of money in 2020 when they did indeed see record revenue, probably owing to over-stuffed election coffers. X's user counts and EBITDA are at record levels. In 2024 it was $1.25 billion on $2.7 billion revenue, contrasted against 'old Twitter's' $0.68 billion on $5 billion revenue in 2021. [1]

[1] - https://archive.is/evLAL (WSJ archive)

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username332211 5 days ago | parent [-]

Doesn't this forum periodically discuss an article[*] about profit not really mattering in the grand scheme of things? (As in, profitable and growing companies are capable of showing profit whenever they want, and conversely to show no profit if they so wish.)

[*] This one I believe - https://commoncog.com/cash-flow-games/

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somenameforme 5 days ago | parent [-]

The numbers I referenced were EBITDA, which is mostly the point of that article.

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username332211 5 days ago | parent [-]

But a software company shouldn't really need to show even EBITDA. Amazon didn't between 2000 and 2012.

	▲	somenameforme 5 days ago \| parent [-]
		I'm not sure this is true. Amazon was investing heavily in things that would be reasonably expected to yield future gains, like fulfillment centers and just broadly expanding their logistic capacity. But for Twitter? So far as I know, most of their expenses were just ongoing operational costs and which seem to have been greatly bloated owing to mismanagement.