Re:Why Amazon Has No Profits and Why It Works
by prostoalex on Saturday September 06, 2014 @02:50AM
(#8277723)
> but the bottom line is they aren't making money and haven't pinned to a date they plan to do so
They have a healthy EBITDA, they're just choosing to reinvest their earnings, as they deem it's more efficient use of their capital than declaring a profit, paying a corporate profit tax off it, and then keeping the rest of the cash.
They have a healthy EBITDA, they're just choosing to reinvest their earnings, as they deem it's more efficient use of their capital than declaring a profit, paying a corporate profit tax off it, and then keeping the rest of the cash.