ebitda margins understatedThe analysts not aware that Quipt reports gross revenues while VMD, ACHO, APR, RTOK report net revenues? ebitda margins understated....
$US | Revenue | Net Revenue | Adj ebitda | ebitda/revenue | ebitda/net rev |
Jun 21 | 26,238 | 24,556 | 5,840 * | 22.3% | 23.8% |
Mar 21 | 24,240 | 22,030 | 5,370 | 22.2% | 24.4% |
Dec 20 | 22,755 | 20,676 | 5,126 | 22.5% | 24.8% |
* includes $500k of Nasdaq listing exp.