> In our new plan, we expect to grow revenue by approximately 30% in 2023 and exit Q4 2023 with breakeven non-GAAP operating margin.
Interesting plan, too bad operating margin doesn't mean profitable.
In 2022 Q3 the 9month cumulative sums show a revenue of 417M with net loss of 346M. Growing 417M by 30% to say 550M still would be a loss of 204M. If they also cut operating expenses by 33% then they could become profitable though.
Interesting plan, too bad operating margin doesn't mean profitable.
In 2022 Q3 the 9month cumulative sums show a revenue of 417M with net loss of 346M. Growing 417M by 30% to say 550M still would be a loss of 204M. If they also cut operating expenses by 33% then they could become profitable though.