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[0] does not mean "no plans to make a profit" it just means what it actually says.

Other than that getting IPO price correct is very complex for companies without a history of profits. However, any price greater than zero is still useful.



> [0] does not mean "no plans to make a profit" it just means what it actually says

They do not have plans to make a profit. They have plans to do things, and those things may, in the future, generate a profit, but they have not committed to any concrete timeline for generating a profit or set any estimated targets for profitability, which I think can be reasonably summarized in a colloquial context by "no plans to make a profit".




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