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A comment on Uber Joins the S&P 500. Parent comment

Re:Uber Joins the S&P 500 by JumpCrisscross on Friday December 01, 2023 @08:57PM (#38495082)
> Interesting what GAAP allow one to call profits

If you want unfuckable metrics, look at cash flow. Uber's operations are cash-flow positive [1].

[1] https://s23.q4cdn.com/407969754/files/doc_earnings/2023/q3/e...

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Re:Uber Joins the S&P 500 by disgruntledphd2 on Saturday December 02, 2023 @08:08AM (#38498360)
Cash flow less share compensation tends to work better for tech companies.
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Re:Uber Joins the S&P 500 by JumpCrisscross on Sunday December 03, 2023 @03:41PM (#38510557)
> Cash flow less share compensation

Shares aren’t cash. No need to double count.

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Re:Uber Joins the S&P 500 by disgruntledphd2 on Tuesday December 05, 2023 @04:52AM (#38528793)
They're not free though, there's a cost to providing them.

The point (which was made somewhere by Unhedged in the FT (but I am failing at finding the article)) is that cash flow is somewhat deceptive for companies that compensate their employees with cash.

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