3 ms·

why is net loss tagged as "not meaningful"?

• kgwgk 9y ago
  The percentage change is "not meaningful": net income increased by 2100%! (non_sequitur commented on that point a few minutes before you asked, by the way)
  • harryh 9y ago
    And the change is "not meaningful" because it includes a one time charge for stock compensation issued as part of the IPO.
    • kgwgk 9y ago
      I was going to say that it would have been not "meaningful" anyway, but I have just noticed that they report EBITDA growth. It's a bit misleading to say that EBITDA has doubled (from -$93mn to -$188mn). This is why growth is usually not calculated when the baseline is negative. Going from losses to profits implies growth "lower" than -100%, for example.