I agree that learning how to read a financial statement is valuable, but you might want to look further than just "is this company making an acccounting profit." Uber's core business is highly profitable, that's why it's valued at $45 billion.
When you're reading a financial statement, look at each business unit's profitability separately, especially if those units are in fact separate businesses. Ubereats is not Uber's bread and butter. Look at cash flow and compare it with investment in growth via R&D and marketing. Look at how much cash the business requires in the form of working capital and on-going maintenance capex vs growth capex.
I would suggest googling Warren Buffett's primer on look through earnings. Greenblatt's "Little Book that Beats the Market" can also be read quickly.
When you're reading a financial statement, look at each business unit's profitability separately, especially if those units are in fact separate businesses. Ubereats is not Uber's bread and butter. Look at cash flow and compare it with investment in growth via R&D and marketing. Look at how much cash the business requires in the form of working capital and on-going maintenance capex vs growth capex.
I would suggest googling Warren Buffett's primer on look through earnings. Greenblatt's "Little Book that Beats the Market" can also be read quickly.