Ethereum generated $370m in revenue on $825m in income for a few 45% web revenue margin.
The chart above exhibits each the historic efficiency & additionally explains how web3 blockchains like Ethereum generate income & earnings.
How does Ethereum evaluate to different software program firms?
If Ethereum have been to commerce on the New York Inventory Alternate or the NASDAQ, it could prime the online revenue margin (%) charts, with Microsoft, Adobe and Veeva thereafter.
By way of combination {dollars} throughout all publicly traded software program firms, the Ethereum can be sixth. Observe the revenue scale within the chart above is logarithmic.
Ethereum’s market cap is roughly $350b right this moment, which is on par with Salesforce & price 7 Snowflakes.
| Firm | Market Cap | A number of |
|---|---|---|
| Ethereum | 360b | 1.0x |
| Salesforce | 268b | 1.34x |
| Snowflake | 49b | 7.3x |
There are a lot of necessary caveats right here. Ethereum’s historic profitability hasn’t been almost this robust. The second is Ethereum isn’t organized as a company akin to others on this peer set. The third is the Ethereum token is each utility & “fairness.” Final, Ethereum trades at 100x income in comparison with 7-17x for Salesforce & Snowflake.
However Ethereum demonstrates the compelling worth that web3 blockchains can create.
