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It might appear to be another long-winded financial abbreviation but, actually, EBITDA is a very important little acronym for you if you're interested in financing a business and equity funding is on your radar. It stands for Earnings Before Interest, Tax, Depreciation, and Amortization. It's basically a complicated description which details your business's profit. EBIDTA will help you calculate your company's overall earnings or net income, before all the necessary evils are taken off. Confused? Don't worry. We're here to simplify everything you need to know about business finance.
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