RE:RE:RE:HEXO Moving towards EBITDA PositiveQuick one (many other examples), buildings and equipment, you buy 100M$ of equipment in a given quarter (impact on cash flow (100M$)), impact on EBITDA (lets say amortization is 25 years and keep it simply to that), impact on EBITDA 1M$ (100M/25/4). Not a huge difference? I beg to differ. Theres a reason why financial statements have one page dedicated to cash flow. Assuming ebitda = cash flow is level 1 retardation.
GentlemanTrader wrote:
Why is he wrong? EBITDA is the closest to cashflow statement. If he is right about upcoming positive EBITDA (to be verified), what's left after that is financing cost & tax so he ain't wrong.