We have just posted our piece on $UBER. They Have shown a lot of promise on the Revenue side, but Cost/OpEx continue to drag their performance. Will they ever turn the corner? go to our substack to read it or also read past posts on $OPEN $PTON $ROKU
Joey Hirendernath's avatar
An excellent piece.

What I especially liked was your cautionary note on Adjusted EBITDA generally -
"When you hear adjusted Ebitda usually you should be very skeptic, because you have to be very careful to what they are adjusting in that measurement."

It's important to really analyze and drill down on these metrics rigorously to gain the true/accurate picture.
Joey Hirendernath's avatar
Also I know that @dissectmarkets follows $UBER closely so would be great to have his thoughts on this :)