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And the change is "not meaningful" because it includes a one time charge for stock compensation issued as part of the IPO.
by harryh 10y ago
And the change is "not meaningful" because it includes a one time charge for stock compensation issued as part of the IPO.
- kgwgk 10y agoI 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.