• Arthur BesseA
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    9 months ago

    (this is not financial advice, but) it looks like you have an opportunity to “buy the dip” on that red line

  • highduc
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    9 months ago

    Wow they spend so much on ads. I hate ads.

    Anyways I assume that revenue is what’s left over after paying the ads? In that case it seems ads are working. Who are the stupids falling foor that crap? :)

    • sosodev@lemmy.world
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      9 months ago

      Typically revenue just means the money that’s coming in. So they’re probably burning money right now. Companies will often take a short term loss in the hope that they’re building up enough of a player base to make a much larger long term profit.

      Edit: I just noticed the title says profit? So maybe it is profit. Weird to label it as revenue then…