Not sure where the talk about profitability comes from.
The company is strategically funnelling income into growth, and I expect they will continue to do this while the growth keeps up.
If you are unaware of this, it looks like a company only just breaking even, but at any time they could pull back on the marketing etc. and maximise profit.
That would be a nice business with very healthy margins.
The plan, however, is to be a very large business with very large profits.
So far, it is working very well. The recent pull back in price is about sentiment in the US tech stock market, I believe, but really doesn't make sense comparing those loss making businesses with this profit making one.
Not sure where the talk about profitability comes from. The...
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