LOL
Same story of all startups waanna be listed on BSE , NSE.
Don't give a shit about profit until want to go public.
Do profit before a year or two wanted to do IPO.
OYO has reported a profit after tax of nearly INR 100 crore ($12 million) for fisc
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1 replies6 likes
PRATHAM
•
Medial • 2m
📊 EBITDA Positive ≠ Profitable: The Startup Illusion/delusion
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is just a fancy term used to prevent yourself to be called loss making and shows reduced losses
1. Depreciation
Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs
JSW Steel Q2 Results: 84% YoY Decline in PAT to Rs 439 Crore, Revenue Falls 11%
JSW Steel Ltd Q2 Results: Net Profit Drops 84% YoY to Rs 439 Crore; Revenue Falls 11% to Rs 39,684 Crore. One-Time Charge of Rs 342 Crore Impacts Earnings; Operating EBI
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0 replies1 like
PRATHAM
Stealth • 7m
📢 WTF is EBITDA ❓🤔
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization ( Amortization in simple words is like repayment of installment/loans). It’s like looking at how much money a company makes from its core busine
Oyo’s Strategic Moves: IPO Acceleration ‼️
Oyo is a global travel-tech company that provides affordable rooms through its network of budget hotels, homes, etc
Recently, senior executives and lead bankers met with SEBI to discuss business performan
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13 replies5 likes
Aakash kashyap
Stealth • 1m
Zomato made ₹12,114 crore in FY24, growing 71% mainly through food delivery, Hyperpure, and Blinkit. Despite expenses of ₹12,670 crore, including procurement and delivery costs, Zomato turned profitable with ₹351 crore profit after tax.
This is crazy!
Bytedance, the parent company of TikTok made $120 Billion in revenue and $40 Billions in Ebitda in 2023.
For comparison, Google made $97 Billion, Amazon got $100 Billion while Tesla just got little over $15 Billion in Ebitda in tge s
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8 replies5 likes
Arijit Ray
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Twilio • 4m
Happiness is:
Getting approached by your crush ❌
Receiving your income tax refund after filing ITR ✅
PS: File your ITR before the month end guys 🙃