What is the difference between profit margin , gross margin , and revenue ?
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Followup: why is EBITDA the magic metric, instead of earnings AFTER interest, taxes, depreciation, and amortization?
If I earn $100 after expenses but before $20 in taxes, it’s not like I get to keep that $20 or reinvest it. So why does business care about pre-tax, or pre-ITDA earnings?
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