LogFAQs > #962150469

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Topic	Robinhood posts $423 million net loss, shares sink after hours
Questionmarktarius 01/28/22 10:38:50 AM #3:	Robinhood's costs during the fourth quarter increased 162% from the previous year, contributing to the company's net loss. Found the problem No, wait. Something's fucky. If you bring in $363 million revenue, but still have a net loss of $423 million, then something is catastrophically wrong with your business model. <cite>Questionmarktarius posted [p:962150469] in Robinhood ... [t:79873247]...</cite> <quote><quote>Robinhood's costs during the fourth quarter increased 162% from the previous year, contributing to the company's net loss.</quote>Found the problem No, wait. Something's fucky. If you bring in $363 million revenue, but still have a net loss of $423 million, then something is catastrophically wrong with your business model. </quote> ... Copied to Clipboard!
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