EBITDA (Earnings Before Interest, Taxes, Depreciation & Amortisation)
EBITDA is an acronym that stands for Earnings Before Interest, Taxes, Depreciation & Amortisation. In the context of procurement, EBITDA is a useful measure of a business’s financial performance since it takes into account key factors such as income and expenses, without having to take into account associated costs such as taxes or depreciation. By understanding a company’s EBITDA, businesses can better assess the potential profitability of any given procurement opportunity.
