← Back to context Comment by pier25 1 day ago Excluding all the capex from AI this last quarter has been one of their best. 6 comments pier25 Reply hansmayer 1 day ago > ExcludingBut you don´t get to to that. Would be like "Excluding my business costs, my company profits are the same as my revenue". delecti 1 day ago I think the point is more: as soon as they stop with the AI silliness they'll return to being a quite strong business. overfeed 1 day ago The implication is if AI implodes, the AI-related expenses go away and what remains is a great business. mr_toad 1 day ago > But you don´t get to to that.You can, and for tax purposes you must. The bean counters hate that you can’t deduct capex. aoeusnth1 1 day ago The return on capital is also phenomenal. To be a bear, you have to assume that will crater. jhpankow 1 day ago EBITDAI
hansmayer 1 day ago > ExcludingBut you don´t get to to that. Would be like "Excluding my business costs, my company profits are the same as my revenue". delecti 1 day ago I think the point is more: as soon as they stop with the AI silliness they'll return to being a quite strong business. overfeed 1 day ago The implication is if AI implodes, the AI-related expenses go away and what remains is a great business. mr_toad 1 day ago > But you don´t get to to that.You can, and for tax purposes you must. The bean counters hate that you can’t deduct capex. aoeusnth1 1 day ago The return on capital is also phenomenal. To be a bear, you have to assume that will crater. jhpankow 1 day ago EBITDAI
delecti 1 day ago I think the point is more: as soon as they stop with the AI silliness they'll return to being a quite strong business.
overfeed 1 day ago The implication is if AI implodes, the AI-related expenses go away and what remains is a great business.
mr_toad 1 day ago > But you don´t get to to that.You can, and for tax purposes you must. The bean counters hate that you can’t deduct capex.
aoeusnth1 1 day ago The return on capital is also phenomenal. To be a bear, you have to assume that will crater.
> Excluding
But you don´t get to to that. Would be like "Excluding my business costs, my company profits are the same as my revenue".
I think the point is more: as soon as they stop with the AI silliness they'll return to being a quite strong business.
The implication is if AI implodes, the AI-related expenses go away and what remains is a great business.
> But you don´t get to to that.
You can, and for tax purposes you must. The bean counters hate that you can’t deduct capex.
The return on capital is also phenomenal. To be a bear, you have to assume that will crater.
EBITDAI