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tootie
on April 17, 2022
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The Uber Bubble
Yeah, I'm pretty sure they did actually have a small operating profit Q421.
scarface74
on April 18, 2022
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They didn’t. They only had a “profit” once you backed out over a dozen expenses - including stock based compensation.
scythe
on April 18, 2022
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Indeed, their burn rate seems to be improving:
https://www.macrotrends.net/stocks/charts/UBER/uber-technolo...
We'll see if it keeps up, I guess.
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