Replies to post #45051 on Ethema Health Corp (GRST)

[Bubae]

Yeah, The company loves to promote that EBITDA number. but you won't find that number in a filing. The interest expense which is a component of EBITA has grown considerably along with the new debt each quarter. Net income for the first nine months of 2022 was $167,483. The rest is BS.

EBITDA = Net Income + Taxes + Interest Expense + Depreciation & Amortization

For the quarterly period ended March 31, 2022
https://sec.report/Document/0001903596-22-000301/
Interest expense $ 80,768

For the quarterly period ended June 30, 2022
https://sec.report/Document/0001903596-22-000529/
Interest expense $122,848

For the quarterly period ended September 30, 2022
https://www.otcmarkets.com/filing/html?id=16200583&guid=wEG-knVR-IG9dth
Interest expense $163,561