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📊 EBITDA Positive ≠ Profitable: The Startup Illusion/delusion EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is just a fancy term used to prevent yourself to be called loss making and shows reduced losses 1. Depreciation
Figuring Out • 12m
Tbh, the only use of it is just to improve the company's image in the public. As general public doesnt know the difference between them and media won't tell.
Yea that's all it's used for
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