Hacker News Reader

If you want me to take you seriously talking about revenue, don't show me half a balance sheet.

Links to the audited financial statements are available at the bottom of https://www.mozilla.org/en-US/foundation/annualreport/2016/

NB: The chart further down is in _thousands_ of dollars!

I think the point is they should have shown a cash flow statement.

You don't need a cash flow statement to show revenue. And if the cash flow statement is prepared using the indirect method (start with net profit, and adjust non-cash items) it may not even show revenue at all.

You don't, but it works a hell of a lot better than a subset of a balance sheet at a single point in time.

Probably, but sometimes both will be equally useless.

Why isn't a consolidated cash flow statement enough?

Mozilla has $500mm in assets, most of which is fairly liquid, and less than $70mm in debt.

Furthermore, they increased net assets by about a third in one year, and they cleared $160mm in profit from their $520mm in revenue.

They are in a very good financial position.

Reply on news.ycombinator.com