Submitted by Artuhan t3_12410vq in wallstreetbets
Position_Emergency t1_je0zayn wrote
Reply to comment by mazarax in What is going on with Unity stock by Artuhan
Yeah, he is talking bullshit.
A company $2.7B in debt tells its investors it made an EBITDA profit of $13 million dollars in a single quarter and we're supposed to think that's indicative of something resembling profitability?
Imagine what the interest payments on that debt are.
Oh, and $1 billion of the debt was taken on that very same "profitable" quarter!
Unity has no plausible roadmap for becoming profitable in the near to mid future let's be real.
I'm not saying it's a bad buy though given the insanity of the stock market...
mazarax t1_je173ke wrote
It is amazing, that difference! What they tell shareholders, and what they file with the SEC.
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