This is so confusing. So is it -122% or is it -22%? Cause -122% should mean that for each dollar gained they lose 2.22 because that's how percentages work, no?

V0ldek@awful.systems · 7 pts · 96d

The lower of those numbers is obviously fake. The other is "okay, I guess they're doing better than I expected, but at least it's plausible"

froztbyte@awful.systems · 3 pts · 95d

the “margin” is load bearing; formula here is operating income divided by revenue

dgerard@awful.systems · 2 pts · 96d

I have no idea and I wonder if The Information does either.

CinnasVerses@awful.systems · 2 pts · 96d

I am not a CPA but I think that means "they spend $2.22 to make another $1.00"

foudinfo@jlai.lu · 1 pts · 96d (1 reply)

I'm not sure I understand how you calculated this.

2.22 Would be -222%

50% of 1 can be calculated like 1 x 50 / 100 or simply 1 x 0.5

Same for 122% 1 x 1.22 = 1.22

V0ldek@awful.systems · 6 pts · 96d

If you spend $1.22 for every $1.00 gained, then your operating income is $-0.22. So your income is -22% of your revenue.

Calculating like you do would mean that a -100% operating income margin means you break even, and that's kinda silly. What would a positive margin mean?