It matters little really, we all know EBITDA is meaningless as a metric. And managers with any financial integrity will spend more time explaining the cash generating performance of the business and metrics like ROIC or ROE for the period. i didn't once hear the CEO refer to EBITDA, which is pleasing!
I note the result included negligible warranty and service provisions despite the significant hike in revenue. Perhaps this is a symptom of "a seller's market" where the CEO indicated that terms and conditions of contracts are now more favourable in the current business environment??
It matters little really, we all know EBITDA is meaningless as a...
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$10.61 |
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Mkt cap ! $421.6M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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