RE: 9p soon?4 Sep 2025 18:22
Profitable EBITDA. So, profitable until we have to take real costs out......
EBITDA, short for earnings before interest, taxes, depreciation, and amortization, is an alternate measure of profitability to net income. It's used to assess a company's profitability and financial performance. EBITDA is not a metric recognized under generally accepted accounting principles (GAAP).
While EBITDA is among the most widely used metrics in corporate finance, it receives widespread criticism, with Warren Buffett being one of the most outspoken proponents.
According to Warren Buffett, EBITDA is not reflective of a company’s true financial performance due to neglecting capital expenditures (Capex) and changes in working capital, among various other issues.