MDFI......EBITDA for Medefile International Reaches Three Year High 08/26/2009
New York, NY, August 26, 2009-EbitdaEXTRA reports that negative EBITDA for Medefile International, Inc. (OTC:MDFI) for its quarter ended June 30, 2009 was $(241,552), a 58% improvement over the year earlier same quarter when Medefile International generated $(577,815) in negative EBITDA. Medefile International has generated fourteen consecutive quarters of negative EBITDA. EBITDA for the most recent quarter also reached a three year high.
For Medefile International's twelve months ended June 30, 2009 EBITDA was $(1,513,858), compared with $(3,242,770), a 53% improvement over the comparable year earlier twelve months. EBITDA for the most recent twelve months also reached a two year high.
The shares of Medefile International were recently trading at $0.001.
EBITDA defined by EbitdaEXTRA:
EBITDA (Earnings Before Interest Taxes Depreciation & Amortization) is calculated by taking Operating Income and adding or subtracting depreciation and/or amortization.
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