But then, we really don't know if they are making money.
EBIDTA is, AFAIK, positive for those guys, but EBIDTA + "extravagant Research and Development expenses" is always negative for those guys, and the financial markets just keep tossing money at them, so they'll keep doing it.
(Score: 2) by VLM on Tuesday July 02 2019, @03:45PM (1 child)
EBIDTA is, AFAIK, positive for those guys, but EBIDTA + "extravagant Research and Development expenses" is always negative for those guys, and the financial markets just keep tossing money at them, so they'll keep doing it.
(Score: 2) by DannyB on Tuesday July 02 2019, @04:35PM
They must think it a worthwhile investment.
Maybe a new accounting abbreviation for the extravagant research should be created.
The lower I set my standards the more accomplishments I have.