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The Reason REDCON1 is Broke - EBITDA
2 years ago
3
How can a company do $100M in sales and go broke? We address this in today’s #outrightminute
It’s all about EBITDA - Earnings Before Interest Taxes Depreciation and Amortization.
When building a brand, you need overall sales for top-line revenue, but don’t forget that the BOTTOM-LINE, or EBITDA, is what truly matters!
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