Creative person working in corporate world. Can someone please help me understand:
\- EBITDA – what does this show compared to revenue??
\- What “below the line” and “above the line” means (like what is this line we’re talking about??”
my creative self thanks you in advance
In: 0
The idea is to show how the business is doing in actual operation, before costs that aren’t related to those operations.
Basically your business is profitable, but you took out an expensive loan at 20% and live in a high tax state that cut into that, but this lets you see that the business is doing well, and your finances suck.
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