All of us, every single man, woman, and child on the face of the Earth were born with the same unalienable rights; to life, liberty and the pursuit of happiness. And, if the governments of the world can't get that through their thick skulls, then, regime change will be necessary.
Friday, February 07, 2025
X in 2024 Doubled Highest Yearly Twitter Profits
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.
X will start X Payments soon which will give it Paypal like features, revenues and profits.
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