What is EBITDA?
Also known as: earnings before interest, taxes, depreciation and amortization
Profit before deducting interest expense, corporate profit tax, and depreciation and amortization of fixed assets and intangible assets (Earnings Before Interest, Taxes, Depreciation and Amortization). It is used to compare the ability of companies with different debt loads and depreciation policies to earn money from their core operations; it is not an official financial statement indicator.
Source: Britannica Money: EBITDA