Post by
2021Gamble on Feb 24, 2023 9:52am
Invest at your own risk...is sound advice
However, the bottom line, doesn't give the picture either does it...for it ignores the non cash and one-time items
* Q1-23 adjusted EBITDA includes $617,000 for non-cash items related to share and share-based payments $99,000 and non-recurring items such as transition costs ($473,000) and business acquisition costs ($45,000).
To each their own as how they evaluate the results - and invest at your own risk is good advice for any stock,bond, gic etc that you invest in... So on that at least we agree...
Anyway...i like what I've read so far
Comment by
Torontojay on Feb 24, 2023 10:01am
Right, which is why I added the adjusted ebitda to show the improvement over last year. They still have more work to do as they are hanging on by a thread. Urbanimmersive is currently bleeding money when you take lease payments and capital maintenance expenditures into account. You cannot pay your bills with revenue.