This is old news. A recent report said,
"X in 2024 Doubled Highest Yearly Twitter Profits
February 6, 2025 by Brian Wang
Advertisers all returned to X (previously Twitter) a few months before the November 2024 election. 2024 X profits were $1.25 billion which was about double the highest adjusted EBITDA of Twitter which was in 2021 at $682 million.
This means just holding onto the 2024 advertisers would give X a full year of around $2.5 billion in profits in 2025. There were likely more advertising signups in 2024. Returning to $5 billion in revenue like Twitter had in 2021 would give $3.4 billion in profit because expenses have been drastically cut. There is also about $1 billion in new subscription revenue that did not exist in 2021."
Obviously, the 6000-people-cut works.
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pcboy888 发表评论于 2025-02-11 21:42:20Twitter (Pre-Acquisition, 2021 Revenue): ~$5.1 billion.
X (Post-Acquisition, 2023 Revenue): ~$3.4 billion (-22% YoY).
X (Projected 2024 Revenue): ~$2.9 billion (further decline).
Advertising Revenue Decline: Dropped by over 55% year-over-year in multiple months post-acquisition.
Subscription Revenue Struggles: X Premium contributes minimally to total income.
Financial Summary: X's revenue significantly lower than pre-Musk Twitter, largely due to ad revenue losses.
Twitter (Pre-Acquisition, 2021 Revenue): ~$5.1 billion.
X (Post-Acquisition, 2023 Revenue): ~$3.4 billion (-22% YoY).
X (Projected 2024 Revenue): ~$2.9 billion (further decline).
Advertising Revenue Decline: Dropped by over 55% year-over-year in multiple months post-acquisition.
Subscription Revenue Struggles: X Premium contributes minimally to total income.
Financial Summary: X's revenue significantly lower than pre-Musk Twitter, largely due to ad revenue losses.
"X in 2024 Doubled Highest Yearly Twitter Profits
February 6, 2025 by Brian Wang
Advertisers all returned to X (previously Twitter) a few months before the November 2024 election. 2024 X profits were $1.25 billion which was about double the highest adjusted EBITDA of Twitter which was in 2021 at $682 million.
This means just holding onto the 2024 advertisers would give X a full year of around $2.5 billion in profits in 2025. There were likely more advertising signups in 2024. Returning to $5 billion in revenue like Twitter had in 2021 would give $3.4 billion in profit because expenses have been drastically cut. There is also about $1 billion in new subscription revenue that did not exist in 2021."
Obviously, the 6000-people-cut works.
______________________________________________________
pcboy888 发表评论于 2025-02-11 21:42:20Twitter (Pre-Acquisition, 2021 Revenue): ~$5.1 billion.
X (Post-Acquisition, 2023 Revenue): ~$3.4 billion (-22% YoY).
X (Projected 2024 Revenue): ~$2.9 billion (further decline).
Advertising Revenue Decline: Dropped by over 55% year-over-year in multiple months post-acquisition.
Subscription Revenue Struggles: X Premium contributes minimally to total income.
Financial Summary: X's revenue significantly lower than pre-Musk Twitter, largely due to ad revenue losses.