Written By Editor on 2014-04-30,
Posted in Car News |
Here is the highlight:
– Revenue increased 13% to GBP 519 million;
– Full year adjusted EBITDA up 22% to GBP 84.8 million;
– Global retail volumes increased 11% to around 4,200 units.
However, we cannot declare Aston Martin is making progress financially. This is because revenue and EBITDA tell us nothing about the financial health of a company.
Revenue just informs you how many money they will suppose to collect for selling their inventory; we do not know the cost of making the goods.
EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) is just telling you what money the company has, before lenders collect their interests/principles, government collect...
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