EBITDA is Not Cash Flow

Mark Mroczkowski

Published on: 26/04/2021

EBITDA is often mistaken for cash flow—but it’s not. This post explains why EBITDA ignores critical costs like debt, taxes, and capex, and why buyers must analyze true cash flow when valuing a business.

Mergers & Acquisitions

Adjusting and Normalizing EBITDA

Mark Mroczkowski

Published on: 24/04/2021

Adjusted EBITDA plays a key role in business valuation. Learn how buyers evaluate non-recurring, personal, and extraordinary expenses to calculate true earnings and understand why EBITDA is not the same as cash flow.

Mergers & Acquisitions