Comment by bootlooped
9 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.
9 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.
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
https://x.com/ekmokaya/status/1887398225881026643