fossilesque@mander.xyzM to Science Memes@mander.xyzEnglish · 26 days agoPublishing Revenuemander.xyzimagemessage-square85fedilinkarrow-up11.34Karrow-down116cross-posted to: piracy@lemmy.dbzer0.com
arrow-up11.32Karrow-down1imagePublishing Revenuemander.xyzfossilesque@mander.xyzM to Science Memes@mander.xyzEnglish · 26 days agomessage-square85fedilinkcross-posted to: piracy@lemmy.dbzer0.com
minus-squareshastaxc@lemm.eelinkfedilinkEnglisharrow-up16arrow-down1·25 days agoWhy are we looking at revenue? We don’t know the operating costs. What are the profit margins?
minus-squareTheLowestStone@lemmy.worldlinkfedilinkEnglisharrow-up24·25 days agoAccording to Wikipedia, in 2022 Elsevier’s revenue was 2.909 billion pounds and their net income was 2.021 billion pounds. Not going to bother looking up the rest.
minus-squareDR_Hero@programming.devlinkfedilinkEnglisharrow-up8·25 days agoThere’s a much more accurate stat… and it’s disgusting
Why are we looking at revenue? We don’t know the operating costs. What are the profit margins?
According to Wikipedia, in 2022 Elsevier’s revenue was 2.909 billion pounds and their net income was 2.021 billion pounds.
Not going to bother looking up the rest.
There’s a much more accurate stat… and it’s disgusting