SEC Flags Benchmark That Obscured WeWork’s Bottom Line
PYMNTS
DECEMBER 3, 2019
The We Company , the parent of WeWork , uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax reported on Tuesday (Dec. The contribution margin — also used by Lyft and Peloton — ignores fixed and startup costs, and highlights core service revenue.
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