Will's Blog: Sources: X's financials showing a ~$1.4B profit given to investors fall outside corporate accounting norms; the 2023 figures were audited, but 2024 was not (Bloomberg)

20 February 2025

Sources: X's financials showing a ~$1.4B profit given to investors fall outside corporate accounting norms; the 2023 figures were audited, but 2024 was not (Bloomberg)

Bloomberg:
Sources: X's financials showing a ~$1.4B profit given to investors fall outside corporate accounting norms; the 2023 figures were audited, but 2024 was not — - Heavily adjusted figures, advertising rebound boost outlook — Leverage ratio remains a burdensome nine times adjusted profit

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