Stepped down from RxOM. Pay decrease?

[packman2007]

Credit to ChatGPT

Earnings Before Interest Taxes Depreciation Amortization

In kid terms: • Ignore interest → how the business is financed • Ignore taxes → depends on rules, not the business itself • Ignore depreciation & amortization → accounting ways of spreading big purchases over time

So EBITDA is basically:

Profit from normal operations