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A comment on Airbnb Enters the Land of Profitability.

Re:Airbnb Enters the Land of Profitability by simula67 on Friday January 27, 2017 @06:55AM (#13499212)
> it will maintain profitability in 2017 before interest, taxes and amortization

Because those aren't real expenses ?

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Re:Airbnb Enters the Land of Profitability by jasode on Friday January 27, 2017 @08:25AM (#13499607)
[B]efore [I]nterest, [T]axes and [A]mortization is a substring of EBITA: https://en.wikipedia.org/wiki/Earnings_before_interest,_taxe...

It's an accounting phrase describing one measure of operating cashflow. Since the Bloomberg story is intended for non-accountants, they decided to spell out each word instead of using the acronym.

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