Aurora Cannabis Inc (ACB): There is no word "adjusted" in their Q3...

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player1234

Re: leopard messiah post# 53730

Friday, 08/09/2019 7:42:16 AM

Friday, August 09, 2019 7:42:16 AM

There is no word "adjusted" in their Q3 PR.

Their recent Q4 update PR introduced the waffling and back-tracking and now adds qualifications to it. In other words, they won't do what they claimed in their Q3 PR. Their wording now indicates they won't even meet their newly defined goal as they "track towards".

" The Company continues to track toward positive adjusted EBITDA, and in particular adjusted EBITDA from cannabis operations."

"EBITDA" is a well-defined metric. "Adjusted EBITDA" is not. The company even put an entire paragraph into the Q4 update PR to explain their new "adjusted EBITDA".

"Sometimes people don't want to hear the truth because they don't want their illusions destroyed." - Friedrich Nietzsche
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