| ▲ | bootlooped 4 hours ago | |
As far as I understand they did not make a profit in 2025. They posted positive adjusted EBITDA, which is not the same. | ||
| ▲ | dmix 4 hours ago | parent [-] | |
You're right, wrote that from memory. It was EBITDA that surpassed anything Twitter previously had before purchasing it. > Despite a revenue drop from $5 billion in 2021 to roughly $2.7 billion in 2024, the EBITDA margin surged from 13.6% to 46.3% due to drastic cost-cutting measures and restructuring | ||