Amazon 2012: $61B revenues and $39M loss.
To say, net income may not be the best indicator of success for high growth tech companies. They reinvest every dollar to continue to spur growth.
To say, net income may not be the best indicator of success for high growth tech companies. They reinvest every dollar to continue to spur growth.
Not to say you don't have a point (net profit isn't the only factor), just that your example is weak.
If you operations are sucking up cash, then the sustainability of the business depends on ability to inject new cash from somewhere else.