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by CriticalCathed 2531 days ago
>excluding some costs

So, not really then?

From the same article:

>The company also posted a narrower net loss of $7.7 million

Dropbox is still not profitable.

1 comments

I'm sitting here laughing like how can they report a profit, excluding some costs? what? Thanks for pointing this out
It is funny - but to add a little nuance here, it sounds like they're reinvesting tons of cash back into R&D. If they were not reinvesting as heavily, they would be cash positive.

> Dropbox has demonstrated impressive growth since 2015, roughly doubling the number of paying users and revenue. Dropbox became cash-flow positive in 2016, but recorded a loss of $111 million that year after pouring money back into its product development efforts.

https://qz.com/1214822/dropbox-is-filing-for-a-500-million-i...