• Mike@lemmy.ml
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      10 months ago

      The didn’t make 420m in profit, they lost 124m.

    • slazer2au@lemmy.world
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      10 months ago

      Revenue is not profit.

      Revenue is income. Profit is how much they made after some expenses.

    • Cheesus@lemmy.world
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      10 months ago

      Revenue is how much you sold stuff for. Profit is how much did you make after paying for everything to run your business. They got $544M but spent $668M, so they didn’t make a profit.