True, perhaps, but it is important to remember that profit is revenue minus expenses. Expense
s include wages
, like those mega salaries paid to CEO
s and the board of directors. Expenses include company paid business lunches and first class plane tickets and a private hotel suit for the CEO to attend business negotiations. In a progressive corporate tax system, running a loss is profitable. Every company runs at least two sets of books, one for the investors, and one for the tax department. The records going to the tax department will always show a loss where possible.
Sure infrastructure is expensive to implement, but over time the initial outlay on that infrastructure is paid off, and profits go up. Not to mention that infrastructure is an asset, as is cash. The purchase of infrastructure with cash does not appreciably affect total assets. Also, good infrastructure reduces the need for paid labour, allowing for massive layoffs and even higher profits.