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by daydream 808 days ago
Cloudflare is cash flow positive and profitable on a non-GAAP basis, while being unprofitable on a GAAP basis. https://www.cloudflare.com/press-releases/2024/cloudflare-an...
1 comments

Cloudflare is cash-flow positive because a big chunk of employee compensation is paid thru the issuance of new shares (eg constantly raising more money and diluting existing owners / investors). If you include that comp as a cost they are not making money https://stockanalysis.com/stocks/net/financials/cash-flow-st...