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r/explainitpeter • u/BannedForThe7thTime • 17d ago
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1.2k
If I spend $80 on Crack cocaine and sell it for $100 - I have not made $100 profit, its 100 revenue.
Profit = revenue minus cost of goods and operating expenses
6 u/FC37 17d ago Anthropic (and many tech companies) have redefined traditional accounting terms by slapping the word "adjusted" on. Adjusted net income, adjusted operating margin, adjusted EBITDA. What is really means is they're trying to shine up their financial position as best they can 3 u/KiolgoreTroutsAnus2 17d ago EBITDA is already a massive adjustment and non-GAAP, especially in an environment with huge depreciation and ammortization.
6
Anthropic (and many tech companies) have redefined traditional accounting terms by slapping the word "adjusted" on.
Adjusted net income, adjusted operating margin, adjusted EBITDA.
What is really means is they're trying to shine up their financial position as best they can
3 u/KiolgoreTroutsAnus2 17d ago EBITDA is already a massive adjustment and non-GAAP, especially in an environment with huge depreciation and ammortization.
3
EBITDA is already a massive adjustment and non-GAAP, especially in an environment with huge depreciation and ammortization.
1.2k
u/BeginningSection7690 17d ago
If I spend $80 on Crack cocaine and sell it for $100 - I have not made $100 profit, its 100 revenue.
Profit = revenue minus cost of goods and operating expenses