Comments by "EebstertheGreat" (@EebstertheGreat) on "The Insane Logistics of Shutting Down the Cruise Industry" video.

How does a cruise company have negative revenue? Is it that some of its revenue comes from other holdings, and those can go negative? It sounds weird.
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@andymiller7390 That would be negative profit (pretty normal for big companies), not negative revenue (virtually unheard-of). Revenue is usually just gross sales. If I sell a thousand widgets at $50 each, my revenue is $50,000. That's true even if I paid $1 million to make them and operate my business. Negative revenue is like paying people to take your product. It seems possible for a recycling business or something, but I don't know how it's possible for a cruise ship.
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@andymiller7390 No it isn't. That's negative profit growth. Negative profit means that you lost money this year, not that you made less than the year before. Negative revenue means you took in less than no money. Taken literally, it is nonsense. So I'm trying to figure out what kind of weird bookkeeping allows for negative revneue. If you don't believe me, look the terms up online. Revenue and profit are clearly distinct concepts.
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Wait I think I might know what it means. Many companies subtract returns and rebates from sales when calculating revenue, since these products are effectively unsold. These companies surely had to refund or partially refund lots of cancelled tickets, or offer free upgraded tickets in the future. That could lead to a negative revenue line.
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@andymiller7390 IDK if you are replying to me, but it sounds like you agree with me. "Negative revenue implies that a company pays people to use its products." I guess you misread the OP and then also misread the rest of my posts. To be clear, the video says that Royal Caribbean Group recorded -$33,600,000 revenue in Q3 2020. That seems weird. Your reply was "No income but still paying expenses." That would explain negative profit, not negative revenue. Then you said "negative profit is making less profit than the year before," which is completely wrong. That's negative profit growth. What I'm interested in is negative revenue, which is what the video actually mentioned and which is what is actually surprising. Timestamp: 6:14.
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@andymiller7390 You are confusing the difference in profit year to year and profit. A company can make profit every year and neither increase nor decrease in value. It just generates money for the owner or owners. The profit is the revenue minus all expenses. The video says that Royal Caribbean Group earned a negative revenue. That is extremely unusual. It doesn't say anything about profit, and neither did my original post. You just have to read more carefully.
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@n.m.8802 Yeah that's probably it.
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