Mo money, mo problems. Box has incurred losses in every year - TopicsExpress



          

Mo money, mo problems. Box has incurred losses in every year since the company was founded in 2005. $50.3 million, $112.6 million and $168.6 million year-over-year for the 12-month time frames ending December 31, 2011, January 31, 2013 and 2014, respectively. Revenue for the year ended January 31, 2014 was $124 million. Sales and marketing expenses alone were $171 million. We do not expect to be profitable for the foreseeable future. -- Box Huh. businessinsider/box-s-1-2014-3
Posted on: Mon, 24 Mar 2014 22:22:08 +0000

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