LOL. You are the one that seems to be a moron. Disney lost money in 2020. Made money in 2021. Made even more money in 2022. Appear to be making even more money in 2023.
Tinkerpeach was making a claim that was obviously false when the claim was made that Disney lost $1.2 billion in profits recently compared to previous periods.
Profits do mean something. It means that Disney has a lot of cash on hand because they have profits.
In April, they had $10 billion in cash, cash equivalents and restricted cash. They had $1.9 billion in free cash flow.
Disney lost money in 2020 because of covid. They made more money in 2023 vs 2022 because
wait for it...covid