Apr. 17 at 4:31 AM
$GLOO From the earnings report:
"Net loss of
$48.6 million and
$158.7 million, for the fourth quarter and fiscal 2025, respectively. This compares to net loss of
$44.8 million and
$85.8 million for the fourth quarter and fiscal 2024, respectively."
In other words, they lost the equivalent of nearly 1/3 of their entire market cap in just one year.
The more their revenue grows, the more money they lose. That's not a sustainable business model, but don't tell that to the AI boosters.
