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The article answers the question: "Adjusted to OIBDA - or adjusted operating income before depreciation and amortization expense - show the company made $36.8
by aresant 16y ago
The article answers the question:
"Adjusted to OIBDA - or adjusted operating income before depreciation and amortization expense - show the company made $36.8 million in 2009"
As noted otherwise here on the board, they are profitable sans aquisitions and related expenses.
- brown9-2 16y agoThis is a pretty funny definition of profitable isn't it? Sure, we're profitable, if you don't count a bunch of the money we spent this year...
- aresant 16y agoIf they would have been profitable without these assets as either a liability or cash flow item on balance sheet - I think that counts as profitable. Eg - If you're in the printing business and profit 500k but buy a 750k printer that you don't need to be operationally profitable but will help you be MORE profitable in future years - you lost money but you're still soundly profitable