The Debt of Clownflare (Cloudflare Inc.) More Than Trebled Since the Lock-downs and the Company is Unable to Make Money
- Dr. Roy Schestowitz
- 2023-07-25 18:56:47 UTC
- Modified: 2023-07-25 18:57:09 UTC
These are publicly-available
facts.
Cloudflare Inc. debt in 2018-12-31: 10.69
million dollars
Cloudflare Inc. debt in 2019-12-31: 10.506
million dollars
Cloudflare Inc. debt in 2020-12-31: 428.3
million dollars
Cloudflare Inc. debt in 2021-12-31: 1,293
million dollars
Cloudflare Inc. debt in 2022-12-31: 1,577
million dollars
So you know what comes next:
Summary: Just as a reminder ahead of this week's "tech" "results", things aren't as they seem (or how the crooked media misframes things); for example, consider Cloudflare Inc. rapidly becoming debt-saddled just like Twitter (which is worse than worthless at this point)
The losses are growing, the debt deepens. Cloudflare Inc. is bleeding.
"Microsoft, the world’s most valuable company, declared a profit of $4.5 billion in 1998; when the cost of options awarded that year, plus the change in the value of outstanding options, is deducted, the firm made a loss of $18 billion, according to Smithers."
--The Economist, 1999