RE:RE:RE:How often do you see this?Dartmam32 wrote: Net loss of $10.6 million or 6 cents per share. Ouch! Its a good thing they have a creative accountant to put in some adjustments. Looks like their cash position went down as well.
they had $14.5MM in non-cash depreciation and amortization, plus one-time items like earnout expenses, so the accounting profit doesn't exactly paint the picture here.
check the detailed breakout of EBITDA/NI they provide and decide for yourself which add-backs are appropriate.