Cryptocurrency Q&A Is box com profitable?

Is box com profitable?

KimonoElegance KimonoElegance Sat Dec 21 2024 | 6 answers 1286
I am curious about the profitability of Box.com. I want to know if this cloud storage and file sharing service is actually making money or if it's struggling to stay afloat. Is box com profitable?

6 answers

Leonardo Leonardo Mon Dec 23 2024
The fiscal year 2024 financial highlights reveal significant growth in gross profit.

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KpopHarmony KpopHarmony Mon Dec 23 2024
GAAP gross profit for fiscal year 2024 amounted to $777.1 million, marking an increase from the previous year.

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SumoMight SumoMight Mon Dec 23 2024
This represented 74.9% of total revenue for fiscal year 2024, indicating a healthy profit margin.

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BonsaiVitality BonsaiVitality Mon Dec 23 2024
In fiscal year 2023, GAAP gross profit was $738.3 million, accounting for 74.5% of revenue.

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Raffaele Raffaele Sun Dec 22 2024
The comparison between the two fiscal years shows a positive trend in gross profit.

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