Originally Posted by
P330
To be fair Bill, I’ve disclosed EBITDA before and alternatives such as Operating Profit. The argument for EBITDA is it focusses on trading and ignores historical capex and interest. I get though that some don’t like it.
That said, using it is fine, entirely normal and legal, independently verified and is not a sign of people trying to hide things.
My frustration is the constant search for conspiracy and non-truths.
I do appreciate that EBITDA accounting is perfectly acceptable, entirely legal, but there are many CEOs and especially investors are not fans,
I guess conspiracy theorists, and I admit I am a little that way inclined, is that they are always looking beyond the problem, rightly or wrongly, without questions we don't know the answers , some of us simply have a suspicious nature, and seek explanations before we accept what's being told to us, we are who we are, we mean no harm