this post was submitted on 24 Aug 2024
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Science Memes

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[–] shasta@lemm.ee 15 points 3 weeks ago (1 children)

Why are we looking at revenue? We don't know the operating costs. What are the profit margins?

[–] TheLowestStone@lemmy.world 24 points 3 weeks ago (1 children)

According to Wikipedia, in 2022 Elsevier's revenue was 2.909 billion pounds and their net income was 2.021 billion pounds.

Not going to bother looking up the rest.

[–] DR_Hero@programming.dev 8 points 3 weeks ago

There's a much more accurate stat... and it's disgusting