Your right finance is not my thing, but I think I'd rather invest in a profitable company, rather then a none profitable company . I know somebody like you, and their philosophy is why would I pay 100 euro for a new toaster , when I can get the same thing 10 doors up for 200 euro
It’s similar to a landlord having an empty premises than take a discount on the rent.
Let’s say an empty shop can be rented for 20,000pm but no one wants to pay 20,000 for it. So instead of getting 10,000pm for the empty unit and getting some income, The landlord can leave it empty and write the 20,000pm off in their tax returns which is more lucritive for the landlord