In this article we are going to list the 5 biggest companies that aren’t profitable. For a detailed coverage of this topic, please take a look at the 15 biggest companies that aren’t profitable.
5. Pemex
Total revenue of the company in 2019 (in millions of dollars): 72,820
Total assets of the company in 2019 (in millions of dollars): 101,602
Total employees of the company in 2019: 125,735
Total losses of the company in 2019 (in millions of dollars): 18,039
It has the highest losses of any company in our list at $18 billion, it is a Mexican state-owned petroleum company, which is among the biggest oil companies in the world. It is the second biggest company in Latin America.
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4. Airbus
Total revenue of the company in 2019 (in millions of dollars): 78,883
Total assets of the company in 2019 (in millions of dollars): 128,413
Total employees of the company in 2019: 134,931
Total losses of the company in 2019 (in millions of dollars): 1,524
The fact that Airbus is already in our list of the biggest companies that aren’t profitable spells doom for one of the biggest aviation companies in the world. Airbus even back in 2016 had performed more than 110 million flights which mean ferrying more than 12 billion passengers, and is a European multinational company. However, Airbus has been one of the worst hit companies by the pandemic as travel ceased and announced at least 15,000 job cuts in 2020 to manage its business during the pandemic and ensure its survival.
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3. SoftBank Group
Total revenue of the company in 2019 (in millions of dollars): 87,440
Total assets of the company in 2019 (in millions of dollars): 344,752
Total employees of the company in 2019: 80,909
Total losses of the company in 2019 (in millions of dollars): 8,844
The Japanese conglomerate is headquartered in Tokyo, Japan and is the biggest technology focused venture capital fund, which was established 39 years ago in 1981. The company is famous for being run by its founder Masayoshi Son, and operates in e-commerce, internet, finance, media marketing, semiconductor, broadband and telecommunications.
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2. Nissan Motor
Total revenue of the company in 2019 (in millions of dollars): 90,863
Total assets of the company in 2019 (in millions of dollars): 157,090
Total employees of the company in 2019: 144,933
Total losses of the company in 2019 (in millions of dollars): 6,174
It is one of the most famous automobile companies in the world, even though it is unable to really profit off its fame and revenue of more than $90 billion. The Japanese companies was established in 1933 and is one of the largest electric vehicle manufacturers in the world.
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1. General Electric (NYSE:GE)
Total revenue of the company in 2019 (in millions of dollars): 95,214
Total assets of the company in 2019 (in millions of dollars): 266,048
Total employees of the company in 2019: 205,000
Total losses of the company in 2019 (in millions of dollars): 4,979
Topping the list of the 5 biggest companies that aren’t profitable is one of the biggest conglomerates in the world in General Electric, which is involved in several industries which includes healthcare, aviation, power, digital industry, renewable energy, venture capital and additive manufacturing. It was one of the most profitable companies in the world in 2011, but has been affected by severe underperformance ever since, and made a loss of nearly $5 billion in 2019 alone.
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