Re:SpaceX Revenue Doubled to $4.6B in 2022 Versus 2021
by lamontcg on Thursday August 17, 2023 @08:39PM
(#37170194)
You're assuming that the only way for a company to not post profits is for all its margins to be flat-to-negative.
If the company has high operating margins and high growth then it makes sense to take those profits and reinvest in capital and R&D to make the company bigger. That is the definition of an efficient economic machine builds itself, and the way to a very good stock for the investor.
That is different from the pathological stock with flat operating margins which is growing on debt, spending $1 to make less than $1 at the margins and will only consume itself as it grows.
And learning to tell the difference between those two requires learning to read 10-K's, you can't just look at the net earnings bottom line.
If the company has high operating margins and high growth then it makes sense to take those profits and reinvest in capital and R&D to make the company bigger. That is the definition of an efficient economic machine builds itself, and the way to a very good stock for the investor.
That is different from the pathological stock with flat operating margins which is growing on debt, spending $1 to make less than $1 at the margins and will only consume itself as it grows.
And learning to tell the difference between those two requires learning to read 10-K's, you can't just look at the net earnings bottom line.