All this talk!30 Mar 2026 08:06
People rattling on about adjusted ebitda is comical....
"[2] Adjusted EBITDA is calculated as loss before tax, interest, depreciation, amortisation, share-based payment charges and exceptional items. This figure is unaudited."
Unsurprising they focus all of their energy on an unaudited number while hiding revenue and losses... Notably they are even hiding gmv
...
They don't seem to want to talk about losing over 3 million of group revenue...
Whats even more funny is their target of debt to ebitda ratio is only looking possible due to them now using adjusted ebitda instead of good old EBITDA...
It's tragic seeing people misled.