Author Topic: canít recall ever seeing an adjusted EBITDA definition with 12 different categor  (Read 93 times)

YELLO

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canít recall ever seeing an adjusted EBITDA definition with 12 different categories of exclusion. But, itís what Uber is focused on as reaching positive adjusted EBITDA is key to its current pitch to investors.


https://www.google.com/url?sa=t&source=web&rct=j&url=https://worldnewsera.com/news/startups/will-ride-hailing-profits-ever-come-techcrunch/amp/&ved=2ahUKEwj-56HerunuAhWXHc0KHVeGANkQFjABegQIBRAB&usg=AOvVaw1e7X7CqXdTUZPMsdlyBugl&cshid=1613305367493


majxl

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Great companies financials are easy to understand:
when business is bad, the lower their earnings,
when business is good, the better their earnings.

With Uber it is different because they subsidise every fare and their other business with investors money or financial revenue:
when business is bad, they loose lot of money,
when business is good, they loose a lot more money,

The only way for Uber to stop loosing money is to go out of business

YELLO

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Saudi Arabia subsidizes every Uber ride.