"Amazon’s EBITDA increased ~$18bn in the past year alone, to ~$55bn.
By comparison, Walmart’s EBITDA is $36bn; Costco’s EBITDA is $8bn - Amazon’s one-year EBITDA *increase* is half of Walmart’s *total* EBITDA and twice Costco’s"
Another reminder Amazon is a behemoth 😩
"They’ve built an enormous network of fulfillment centers and have a $20+ bn annual R&D budget that only costs ~1.2% of its value."
"Amazon has 200mn Prime subscribers, whose membership generates $24 billion in cash (before they sell anything)."