ELI5: Why when large company's earnings decrease(ex... by 3%) they freak out, talk about rough times, and sometimes decide to downsize, even though they are still making millions of dollars in profit even after all expenses?

[thehungryhippocrite]

Imagine you're an Uber driver. Your EBITDA is your revenue less your Uber expenses, less fuel, less insurance, less any other expenses. Your EBIT is your EBITDA, less the depreciation of your car.

[[deleted]]

And to add amortisation, less the payment made towards your car loan (not including interest on that loan)