Last Friday, Bloomberg reported a sheaf of Lyft’s financials that paint a reasonably-sharp picture of the ridesharing company’s past and expected business performance.
The short version, as you certainly expected, is that Lyft is growing quickly and loses money. The company, as you certainly expected, also expects to keep expanding its revenue while slowing its losses, eventually turning in an adjusted profit.
Inside of the numbers, however, are a host of interesting factoids for us to play with.
First, we’ll examine the numbers that Bloomberg reported in detail, draw up a chart, and then work to unpack what it all means. It’s Monday, so we deserve to have some fun.