One sign that the startup is on the right track is that they have brought on William Reeve as a non-executive director, a veteran of a number of prominent UK startups who has seen many a profitable exit for all concerned.
Furthermore, the company, which was founded in July 2008, claims that the last six months has seen it profitable, based on annual revenue "in excess of half a million pounds".
It hasn't seen a profitable quarter since the second quarter of 2001, and finished 2002 with a $2-per-share 2-per-share 2-per-share loss
I've never seen a profitable business give away more than they take in.
Even Manchester United, which by football-club standards is unusually profitable, has seen its market capitalisation fall from £1 billion in 2000 to around £310m today.
While Square entered the public markets in the U.S. before it turned profitable and has seen its stock rollercoaster (currently it's at a relatively good point), de Geer noted that his company is not getting pressure from investors to do the same.
In recent years, however, cities such as Stockholm have seen the growth of a profitable and varied music services industry producing everything from remixes to music marketing strategies.
"By the 1980s, they had seen that it could be a profitable business, and were coming on their own".
Still, Fresh & Easy has yet to see a profitable year, declaring losses of more than $300 million for its 2010-11 fiscal year.
We've seen many of the most-profitable shops in the State opening in our biggest cities to record-breaking sales.
