RE:RE:RE:RE:RE:RE:Question settoretire wrote: Adjusted definition is not what I asked. I know what it means and how it may be applied. What I asked, is what did Auxly imply with the term " adjusted "?
Short term? Long term?
Auxlys future is suspect.
The term "adjusted" is not at all a reference to a timeline of any kind, settoretire.
EBITDA is a tool designed to measure the 'ongoing' performance of a company overall.
'Adjusted' EBITDA, is a tool modified to measure the ongoing performance of a specific aspect of a business.
"Adjusted" is a reference to the 'form' of EBITDA used for measuring performance.
In Auxly's case they are determining the profitability of the business by specifically measuring operational efficiency with an 'Adjusted' EBITDA tool.
The tool Auxly is using ignores gains or losses from nob-operational activities and items not within the realm of day to day functions related to the core business.
I'll refer you once again to the table on page 20 of Q1-2022;
https://www.auxly.com/wp-content/themes/auxly2018/media/2022Q1/MDA_Q1-2022.pdf
At the top you see overall EBITDA. Below that you see non-operational items accounted for and at the bottom you see 'Adjusted' EBITDA reflecting operational (loss)/gain.
Reporting 'Adjusted' EBITDA in this way means Auxly will NOT falsely depict a profit or loss from the sale of property, nor a fair value gain or loss, etc. as an operational gain or loss.
Auxly reporting 'Adjusted' EBITDA means, No BS allowed. Just a more precise measurement focussed on operational profitability.
If you're unable to understand this settoretire, I suspect you're NOT one who should be commenting as to AUXLY's future. You seem a bit confused, mate.
Relax!
Enjoy the weekend!!
cheers