EBITDA, sometimes called operating profit, is often emphasized by biotech companies because of their lack of real profitability.

Question

Quizplus · Accepted Answer

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is often highlighted by biotech companies as it excludes non-cash expenses and provides a clearer picture of operational performance, especially when actual net profits are not yet realized.

EBITDA, Sometimes Called Operating Profit, Is Often Emphasized by Biotech