Income of 152 with total expenses of 344 in 2021 and income of 81 and total expe...

		gigatexal on Sept 17, 2021 \| parent \| context \| favorite \| on: Gitlab S-1 Income of 152 with total expenses of 344 in 2021 and income of 81 and total expenses of 211 means expenses grow at 1.61x of revenue (344/211) whereas revenues are growing at 1.876x yoy so revenue growth exceeds loss growth in time they’ll be profitable. Especially if in 2021 they were profitable when companies were cutting down on things.

1.61x of costs not revenue. I was dividing the expenses from year to year.