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What Is Adjusted EBITDA?EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization, represents the cash profit generated by the company’s operations. Adjusted EBITDA figures remove non-recurring, irregular, and one-time items that may distort the EBITDA to make the resulting adjusted EBITDA more accurately and more easily comparable to the EBITDA of other companies in a given industry. According to Investopedia, common EBITDA adjustments include:
The adjusted EBITDA metric is very helpful when used in determining the value of a company when making a decision whether or not to invest. Please find below the Adj. EBITDA as a % of Net Revenue for the constituents in both the munKNEE’s Canadian Cannabis LPs Portfolio (designated with a *) and the American Cannabis MSOs Portfolio, in descending order, (the higher the adjusted EBITDA margin, the better) their latest quarterly financial reports (links provided) and their stock performances YTD as of today:
Cannabis Company Adj. EBITDA as a % of Net Revenue Comparisons
- Net Profit of: 11.3% of Net Revenue
- DOWN 4.9% YTD
- Green Thumb Q1 Financial Metrics Excel Across The Board
- UP 84.6% YTD
- Trulieve Cannabis Q1 Financial Results Impressive
- DOWN 11.8% YTD
- UP 14.3% YTD
- Curaleaf Reports 16% Reduction In Net Loss In Q1
- DOWN 8,0% YTD
- DOWN 22.0% YTD
- Tilray’s Q3 Financials Disappoint
- UP 30.6% YTD
- Aurora Cannabis Q3 Financials Unimpressive
- UP 32.1% YTD
- Organigram Q2 Financial Metrics Mixed
- UP 64.4% YTD
- Q3 Financials Drive Canopy Growth Stock Down Further
- UP 24.9% YTD
- Cronos Q1 Financial Metrics Show Improvement
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