One chart shows just how dire WeWork's revenue situation is - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

One chart shows just how dire WeWork's revenue situation is

In Q3, the losses vastly eclipsed revenues. That underscores an existential question around WeWork: Is this company a "going concern"? The term "going concern" is the official jargon accountants use when they believe there is a realistic prospect that the company might go bankrupt.

On the numbers above, from WeWork's own investor deck, it is difficult to imagine that this company can survive. There are some things we don't know. WeWork's latest presentation doesn't give a full set of official financial statements, and they may include cashflow information that would make the picture rosier.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Here's why one analyst thinks Uber's stock could double - Business InsiderBarclays analysts expect Uber's fourth-quarter earnings results to be more impressive than its third-quarter report.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

WeWork is reportedly drawing scrutiny from the SEC after its failed attempt to go public - Business InsiderThe SEC is scrutinizing whether WeWork violated financial rules and possible conflicts of interest at the company, Bloomberg first reported Friday.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

One of these 16 finalists will become Business Insider's 2019 Car of the YearBrands represented this year are Audi, BMW, Cadillac, Ford, Honda, Lamborghini, Mazda, Mercedes-Benz, Nissan, Porsche, RAM, Subaru, and Toyota.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »