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EBITDA

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Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is a measure of core corporate profitability. EBITDA is calculated by adding interest, tax, depreciation, and amortization expenses to net income.

EBITDA = E + I + T + D + A

\text{E} = net income
\text{I} = interest
\text{T} = taxes
\text{D} = depreciation
\text{A} = amortization
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