Comment on How fair is a Fairphone? (Or, how much of the sticker price does Fairphone spend on fair/eco?)

drspod@lemmy.ml ⁨4⁩ ⁨weeks⁩ ago

• squaresinger@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

  So where does the money go? In 2024 they had an EBITDA of just €1 745 840, or €16.94 per phone. That’s not a lot at all, so it’s not like they are pocketing huge sums of money.

  Yes, they are profitable, though barely so. Then again, their profits per device is much much more than what they pay for fairness.

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