RE:RE:RE:RE:Question settoretire wrote: Kitty
I was only asking a question tat I feel Management needs to answer sooner, than later, as most analysts are expecting more of the same from Auxlys 2nd quarter.
It's a simple question, not rocket science. How are they going to show positive cash flow if they are selling off their assets. Does " adjusted " mean one time only ( this quarter ) or does "adjusted " mean going forward.
I would like to better understand.
A definition of EBITDA and Adjusted EBITDA can be found in Auxly's MD&As under the the Non-GAAP Measures section. The table for calculations for Q1-2022 is found on page 20.
As quoted from Auxly's MD&A;
"Adjusted EBITDA is a Non-IFRS financial measure. Refer to the Non-GAAP Measures section in this MD&A for definitions."
"EBITDA and Adjusted EBITDA
These are non-GAAP measures used in the cannabis industry and by the Company to assess operating performance removing the impacts and volatility of non-cash adjustments. The definition may differ by issuer. EBITDA and Adjusted EBITDA used by the Company are reconciled with net loss from continuing operations of the Company, an IFRS measure, in the section “Results of Operations” in this MD&A. The calculation of Adjusted EBITDA is comprised of the net loss from continuing operations of the Company added or subtracted as applicable as provided in the detailed reconciliation found in this MD&A. There are a number of individual financial statement adjustments however, they are inclusive of, interest expense and income, income taxes, depreciation and amortizations, fair value gains or losses, impairments or settlements, foreign exchange, changes in the share of joint venture investments, share based compensation, gains or losses on the sale or disposal of assets and any other unusual items. The Adjusted EBITDA reconciliation is as follows: "
refer to MD&A to review tables.
https://www.auxly.com/wp-content/themes/auxly2018/media/2022Q1/MDA_Q1-2022.pdf Hope this helps.
cheers