With their current gross revenue growth rates, some are speculating that in a couple of years their annual net profits will be more than $1 billion dollars.
> their annual net profits will be more than $1 billion dollars.
Where do you see that from the article you linked? It says So $10 billion of gross revenue would equate to $2 billion of net revenue. To have profits of over $1B on $2B of revenue would mean a profit margin of over 50%!
Where do you see that from the article you linked? It says So $10 billion of gross revenue would equate to $2 billion of net revenue. To have profits of over $1B on $2B of revenue would mean a profit margin of over 50%!