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For the fiscal year 2021, the last fiscal before Twitter was taken private, the company reported a loss of 221 million, with an annual revenue of $5.1 billion. Since its IPO, Twitter made profit in only two of the eight years. [175]
Below are the 10 largest private companies by revenue in 2023 (mostly for fiscal year 2022), according to Forbes ... The 10 most profitable companies in 2024 ...
Year Report date Earnings (billion) Earnings converted to USD and inflation adjusted (billion) 1 Saudi Aramco: Oil and gas Saudi Arabia: 2018 31 December 2018 SAR 416.52 [3] $134.77 2 Saudi Aramco Oil and gas Saudi Arabia: 2021 31 December 2021 SAR 412.4 [4] $129.47 3: Vodafone: Telecommunications United Kingdom: 2014: 31 March 2014: £59.42 [1 ...
According to Statista, regional banks are the most profitable financial business, realizing 30.31 percent in profits as of January 2023. Money centers have nearly 27 percent profit margins, and ...
Twitter rose modestly following the Post's report on Wednesday; Twitter shares have fallen about 15% since Musk's deal to buy Twitter for $54.20 per share was announced per share in late April.
When reports of Twitter's profitability came out, it seemed like a great underdog story. Social media critics have long blasted the microblogging platform for its lack of a revenue model. In ...
On March 9, 2023, Musk registered X Corp. in Nevada.On the same day, Musk registered the artificial intelligence (AI) company X.AI Corp. [18] Later that month, Musk applied to merge X Holdings with X Holdings Corp. and Twitter, Inc. with X Corp. [9] In the filing, Musk revealed that X Holdings Corp. had $2 million in capital, but X Holdings Corp. would serve as the parent company for X Corp ...
Twitter, officially known as X since 2023, is a social networking service.It is one of the world's largest social media platforms and one of the most-visited websites. [4] [5] Users can share short text messages, images, and videos in short posts commonly known as "tweets" (officially "posts") and like other users' content. [6]