Noun
income before interest and taxes and depreciation and amortization have been subtracted; an indicator of a company's profitability that is watched by investors (especially in leveraged buyouts)
Source: WordNetACCIONA's gross operating profit (EBITDA) remained flat in the first quarter, at €325 million (-0.2%). Source: Internet
Adjusted EBITDA does not give effect to the cash the Company must use to service its debt or pay its income taxes and thus does not reflect the actual funds generated from operations or available for capital investments. Source: Internet
Additionally, Management believes that investors commonly adjust EBITDA information to eliminate the effect of restructuring and other expenses, which vary widely from company to company and impair comparability. Source: Internet
Adjusted EBITDA before deducting for noncontrolling interests, as defined in the accompanying reconciliation schedules, was $129.1 million, or 21.9% of net sales, as compared to $126.1 million, or 22.4% of net sales, in the prior year. Source: Internet
Adjusted EBITDA increased dramatically to $46.4 million from a loss of $2.8 million last year. Source: Internet
All Ambani had to do was to convince Silver Lake that this Ebitda is worth 38 times today. Source: Internet