[countryqt30]

Warren Buffett famously said: "When you read EBITDA, you should think BULLSHIT". The only reliable metrics are EBIT (if you precisely know the debt and tax situation of the company, which is usually laid open in the reports), and NET PROFIT.

Remember just 1 month ago, when WeWork tried to FRAUD everyone with their "we invented our own EBITDA"-metric, which they called 'EBIT adjusted for consciousness, because we sell consciousness, so we factor in the amount of consciousness we generate per square mile!!!!' ?

[Waterluvian]

What the frick is consciousness?

[icotyl]

That's not an actual quote, FYI. They peddled something called "community-adjusted EBITDA."