AJX 5.00% 1.1¢ alexium international group limited

EBITDA ignores timing of payments. Revenue is recognised only...

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    EBITDA ignores timing of payments. Revenue is recognised only when the product is sent out the door.
    It also ignores when products were manufactured. COGS only recognised as an expense when product shipped out the door - until that moment it is an inventory asset.
 
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