Ie they lost money in 2022 when all was said and done.
Also no company that has taken outside money from investors can just give their profits to employees and not share the profits back to the investors.
No investor would ever give money to a company where their share of the profits - which they were duly owed because they took a risk and put money into an enterprise - is not returned to them - and instead shared to employees because it’s the righteous thing to do.
No CEO or CFO would keep their jobs for long if they did this.
23 billion was the gross profit
12 billion operating income
-1.9 billion net income
Ie they lost money in 2022 when all was said and done.
Also no company that has taken outside money from investors can just give their profits to employees and not share the profits back to the investors.
No investor would ever give money to a company where their share of the profits - which they were duly owed because they took a risk and put money into an enterprise - is not returned to them - and instead shared to employees because it’s the righteous thing to do.
No CEO or CFO would keep their jobs for long if they did this.
That’s just not how capitalism works.