Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years - eviltoast
When will the company make money? After two decades, it still can’t say. And there are enough other red flags that investors might want to be wary.
  • Clbull@lemmy.worldOPEnglish
    5·
    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.