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Amazon.com, Inc.
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==== Most recent year ==== In the end of the fiscal year of 2022 Amazon, Inc reported a loss of $5.94 billion. The revenue and total assets experienced an slight increase compared to 2021, interrupting the exponential increase trend observed in the previous years. A 23.35% increase in operating expenses can partially account for the loss, as it outweighs the 14% increase in gross profit, resulting in a lower operating income. The increase in expenses can be linked to the Rivian Automotive (RIVN) investment that Amazon originally made in 2019. The company went public in 2021, and lost 75% of its value during the next year, therefore not returning the expected turnovers.<ref>Why Is Amazon Losing Money In 2022? (marketrealist.com)</ref>
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