Earlier quoted context omitted.
>They're not profitable How is that possible? They don't even have to bother making the "games" they immensely monetize on.
According to their most recent 10K (FY 2022 + FY 2021 data) their operational costs vs. revenue are: * 25% payment fees (google and apple app stores) * 28% developer exchange fees (they have to incentivize other people to build those games on their platform) * 31% (up from 24%) infrastructure (servers/cloud) and trust and safety * 39% (up from 28%) R&D * 13% (down from 16%) general and administrative * 5% (up from 4%…
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