this post was submitted on 28 Feb 2024
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Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years (www.forbes.com)
submitted 8 months ago by Clbull@lemmy.world to c/technology@lemmy.world
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[–] Clbull@lemmy.world 5 points 8 months ago* (last edited 8 months ago)

EBITDA is used moreso in internal quarterly and monthly management accounts, which don't follow the exact same structure as an annual report which companies have to publish annually by law and follow GAAP and IFRS guidelinss when preparing.