# Base financial performance 2023-2024 dashboard

Source: https://dune.com/salva/base-financial-performance
Kiwi News: https://news.kiwistand.com/stories/Base-financial-performance-2023-2024-dashboard?index=0x661648144bab667542c9111f0491d9cc0811fda852233a062bba4f3e140c8a3f9051ac66
Submitted by macbudkowski.eth on 2024-04-10 UTC, 8 upvotes, 4 comments

## Comments

**macbudkowski.eth**: So it turns out that Base made $16.87M net income in... March 2024. Ofc they need to run the network, pay people their salaries, etc. but the number is pretty crazy. 

Also, the costs take a much smaller % of their revenue than in previous months, which is probably caused by the EIP-4844. 


**misha**: Don’t sell or buy on a market but be the market maker. 🤑 

**tim**: Warren Buffet talks about investing in your circle of competence, and I just want to point out how privileged we all are here, considering that we "just" read the very complicated financial details of a publicly traded company and can make assessments about it, right? 

Imagine doing this for Coca-Cola; looking at their numbers, I'd have no fucking clue whether the business does well or not. 

But here, considering that I'm intimately familiar with L2s and blockchain scaling, I have used the product; I even know Jesse; it seems so obvious that I have "alpha" over the average retail consumer investing in Coinbase stock. Clearly, they just added a new source of revenue and I understood that. That's so cool!

**misha**: Yes indeed, that is a very good point.