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A comment on Lyft Files S-1. Parent comment

Re:Lyft Files S-1 by ihuman on Friday March 01, 2019 @12:25PM (#19283068)
Depends on how you look at it. $1.24B profit sounds pretty good to me.
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Re:Lyft Files S-1 by piker on Friday March 01, 2019 @12:31PM (#19283157)
Not a correct reading. They had negative nine figures of "profit".
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Re:Lyft Files S-1 by ehostunreach on Friday March 01, 2019 @02:32PM (#19284433)
> They had negative nine figures of (profit).

FTFY

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Re:Lyft Files S-1 by ihuman on Friday March 01, 2019 @02:03PM (#19284158)
I don't understand. How could they make more revenue than what they lost for the year, but have a negative profit? The loss doesn't subtract enough from the revenue to go less than 0.
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Re:Lyft Files S-1 by feynmanistheman on Friday March 01, 2019 @02:47PM (#19284576)
Revenue is how much people have paid them. Since costs > revenue, their profit is negative. The loss already takes into account their revenue.
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Re:Lyft Files S-1 by ashleyw on Saturday March 02, 2019 @12:04AM (#19287671)
They received $2B in revenue but spent close to $3B.
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