Reported Adjusted EBITDA definition

Reported Adjusted EBITDA means, in respect of a Relevant Period, the adjusted consolidated operating profit of the Group for such period before interest, direct taxes arising as a result of profit, depreciation and intangible amortisation as reported in the most recent interim or annual report of the Issuer.
Reported Adjusted EBITDA means, for any period with respect to Ultimate Parent and its Subsidiaries on a consolidated basis, “Adjusted EBITDA” on its financial statements filed with the SEC for such period.
Reported Adjusted EBITDA means, for any period, “Adjusted EBITDA” for such period as determined by the Borrower by adding the Permitted EBITDA Add-Backs to Reported EBITDA and presented as its “Adjusted EBITDA” for such period in its public earnings release for such period, with the add-backs to Reported EBITDA used in the calculation of such Adjusted EBITDA (the “Permitted EBITDA Add-Backs”) separately categorized in a style similar to that used in the Borrower’s public earning release for the three-month period ended March 31, 2019 (in which the categories of add-backs were delineated as, inter alia, “Change in fair value of financial instruments,” “Stock-based compensation expense,” “Strategic- transaction, integration and realignment expenses,” “Internal-control and delayed audit expenses,” “Excess content expenses,” “Non-ordinary-course legal expenses” and “Losses on significant customer bankruptcies”), it being understood and agreed that the types of Permitted EBITDA Add-Backs and categories thereof in any period (but not the standards by which Permitted Add-Backs are determined appropriate, except variances consistent with any change to the law, rules or regulations applicable to such disclosure) may vary from those included in the Borrower’s public earnings release for the three month period ended March 31, 2019 and may vary from period to period. Without limiting any of the foregoing, it is hereby agreed that if in calculating Reported Adjusted EBITDA for any period, if any category of Permitted EBITDA Add-Back exceeds $5,000,000 in any fiscal quarter, the Borrower shall provide a written reconciliation (by general reasonable descriptive segments and not a line by line accounting) of the components of such Permitted EBITDA Add-Back in excess of such amount, which reconciliation shall be included in the Compliance Certificate to be delivered to the Administrative Agent pursuant to Section 6.02(a) for such fiscal quarter or Fiscal Year in which such category of Permitted EBITDA Add-Back so exceeded such amount in the applicable fiscal quarter.

Examples of Reported Adjusted EBITDA in a sentence

  • The improvement in Reported Adjusted EBITDA (+330bps Adjusted EBITDA Margin improvement) was driven by the increase in Total Income, combined with delivery of synergy and cost reduction plans.

  • ADJUSTED EBITDA £ MILLION ADJUSTED EBITDA £ MILLION SWINTON ARDONAGH Reported Adjusted EBITDA improvement of +38.2%, primarily driven by reported Total Income growth and delivery of cost savings.

  • Pro Forma balances are presented as if the significant acquisition and disposal related transactions occurred on the first day of the comparative period.The Group reports Items excluded from Reported Adjusted EBITDA of £79.5m (2017:£122.2m), and Pro Forma Adjusted EBITDA of £115.4m (2017: £184.7m) in the Annual Report.This measure and other such non-GAAP measures used are Alternative performance measures (“APMs”).

  • The improvement in Reported Adjusted EBITDA (+190bps Adjusted EBITDA Margin improvement) was driven by the increase in Total Income, combined with the delivery of synergy and cost reduction plans, although partially offset by the increased cost base from the investment to support income generators which are not yet at revenue maturity.

  • They will also have an opportunity to complete a written reflection about their peers in the group.

  • AMR recognizes equity in earnings of the unconsolidated subsidiary in the income statement, but not in Reported Adjusted EBITDA.

  • Since its creation, the Group has reported six quarters of Reported Total income growth, sustained improvement in Adjusted EBITDA margin and cashflow, and by the end of 2018 a 28% increase in Reported Total Income and a 38% increase in Reported Adjusted EBITDA against the previous year.

  • For clarity, Reported Adjusted EBITDA shall not be further adjusted for foreign exchange or acquisitions/divestitures.

  • Reported Total Income increased £2.5 million to £130.9 million (2017: £128.4 million) while Reported Adjusted EBITDA decreased £3.1 million to £14.8 million (2017: £17.9 million).

  • Reported Adjusted EBITDA includes 50% of the net income of Gramercy and St. Ann, based on transfer prices that are generally in excess of the actual costs incurred by the joint venture operations.


More Definitions of Reported Adjusted EBITDA

Reported Adjusted EBITDA means, for any period, “Adjusted EBITDA” for such period as determined by the Borrower by adding the Permitted EBITDA Add-Backs to Reported EBITDA and presented as its “Adjusted EBITDA” for such period in its public earnings release for such period, with the add-backs to Reported EBITDA used in the calculation of such Adjusted EBITDA (the “Permitted EBITDA Add-Backs”) separately categorized in a style similar to that used in the Borrower’s public earning release for the three-month period ended March 31, 2019 (in which the categories of add-backs were delineated as, inter alia, “Change in fair value of financial instruments,” “Stock-based compensation expense,” “Strategic- transaction, integration and realignment expenses,” “Internal-control and delayed audit expenses,” “Excess content expenses,” “Non-ordinary-course legal expenses” and “Losses on significant customer bankruptcies”), it being understood and agreed that the types of Permitted EBITDA Add-Backs and categories thereof in any period (but not the standards by which

Related to Reported Adjusted EBITDA

  • Consolidated Adjusted EBITDA means, for any period, an amount determined for Borrower and its Subsidiaries on a consolidated basis equal to Consolidated Net Income for such period, plus, (i) to the extent deducted in determining Consolidated Net Income for such period, the sum, without duplication of amounts for:

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • Modified adjusted gross income means “federal adjusted gross income”:

  • Consolidated EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period:

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person and its Restricted Subsidiaries for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income: