Confused about EBITDA calculation

by a searcher from Full Sail University

3 years ago

This is from an offering memorandum provided by the broker. It appears he's calculating EBITDA by adding interest, depreciation and amortization to the 'ordinary income' line. Am I misunderstanding something? By definition, that seems to be very much not the EBITDA.

1 like
502 views
23 comments

searcher from INSEAD

I think other income should not be considered along with operating income and hence should not form part of EBITDA

1 year ago | like reply | 0 likes

intermediary from St. Vincent College

Looks right to me, but the devil is in the details.

1 year ago | like reply | 0 likes

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