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Old 5th Dec 2008, 00:17
  #1616 (permalink)  
harrogate
 
Join Date: Dec 2005
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Eh?

EBIDTA gives a clue to earnings, it's turnover alone that would make me wonder.

Nowt wrong with questioning a press release. Sounds to me that J2's probably doing summit right, though.
EBITDA can be used to make any company look great. Remember the original dotcoms? Their EBITDA looked stunning. It's the reason why so many people chucked cash at them. They never saw that cash again.

It's not always dubious though, and at the very least it shows clearly that the company can make money by doing what they're doing, and that's good to know. I'm sure there's no book cooking going on at Dart Towers.
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