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Amazon Announces How Much Money It Made: It Made a $500 Billion Loss!

  • February 3, 2023
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E-commerce giant Amazon for the last three months shared the financial report. It’s not easy to decide whether the shared numbers are good or bad. Analysts’ expectations were

Amazon Announces How Much Money It Made: It Made a 0 Billion Loss!

E-commerce giant Amazon for the last three months shared the financial report. It’s not easy to decide whether the shared numbers are good or bad. Analysts’ expectations were exceeded. However, Amazon has announced the year 2022. with damage abandoned.

According to Amazon’s statement, the money entering the company’s vault is, $149.2 billion was recorded as. Analysts had expected $145.4 billion. With these figures, Amazon’s revenue grew 9 percent year-over-year. So the total money Amazon made in 2022, $514 billion it happened.

Despite these huge profits, only $300 million remains in the vault…

Amazon

The same can be said for net profit, even though Amazon’s revenues are up. not possible. Amazon, which made a profit of $14.3 billion in the same quarter of 2021 as late as the last quarter of 2022 300 million dollars managed to take advantage. However, this money was not enough for Amazon. Because the company over the past year lost $2.7 billion. Let’s not forget that the company made a profit of $33.4 billion in 2021.

Figures released by Amazon reflect rising costs. Naturally a consequence. In fact, Amazon knew the results would be like this. Because the company announced it would lay off 18,000 workers in January, citing economic uncertainties. had announced. such a big one massive layoffs We’ll see how it affects costs in 3 months.

Source: Web Tekno

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