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Modified EBITDA margin is short for Modified EBITDA just like the a portion ofrevenue

Modified EBITDA margin is short for Modified EBITDA just like the a portion ofrevenue

Adjusted EBITDA and Modified EBITDA margin prohibit stock-created compensationexpense and you will boss will cost you linked to stock-based payment, which has been,and certainly will are for the foreseeable future, an integral part of how weattract and you will preserve all of our teams and a life threatening repeated expenses into the ourbusiness;

Modified EBITDA and you can Modified EBITDA margin do not reflect the interest (income)expenses or perhaps the cash conditions to help you solution attract otherwise dominating costs onour indebtedness, and totally free cashflow does not reflect the money requirements toservice dominating costs for the all of our indebtedness;

To properly and prudently have a look at the business, i remind you to definitely remark thefinancial comments included in other places within this report, rather than believe in a great singlefinancial level to check all of our company.

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