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submitted 1 year ago by tvbusy@lemmy.dbzer0.com to c/news@beehaw.org
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[-] furrowsofar@beehaw.org 1 points 1 year ago

And after all that has happened, you'd take what they say at face value? I certainly would not. I take "not profitable" to mean not as profitable as they would like to be to support whatever valuation they are targeting. As far as I know I've not heard that their cash flow is negative. It is negative cash flow that puts companies out of business and is the serious thing.

this post was submitted on 18 Jun 2023
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