I always took EBIDTA to be "theoretical best case" earnings, i.e. our business model could theoretically be profitable if we could just magically pay off all ou

I always took EBIDTA to be "theoretical best case" earnings, i.e. our business model could theoretically be profitable if we could just magically pay off all our debt and upgrade all of our equipment for free Sure that doesn't mean much, but it's better than losing more money on every additional dollar of revenue which seems to be some company's model