EBITDA doesn’t ignore stock-based compensation. Adjusted EBITDA typically does so though - just like adjusted EPS.
Re:Snap Quarterly Results Q4 2022 [pdf]
by drexlspivey on Tuesday January 31, 2023 @08:12PM
(#34604943)
Community adjusted EBITDA
SNAP:
Revenue: $1.3B and projected to decline
Stock based comp: $446M