LBO Model - How to use Adj EBITDA in CIM
I'm given a CIM as part of an LBO case study. The CIM financials goes from Revenue > COGS > GP > OpEx > EBIT > Other Expense / (Income) > Pre tax Income > Income Taxes > Net Income and then had additional line at the bottom for Adjusted EBITDA
My question is how do you elegantly implement Adjusted EBITDA in LBO model?
Generally confused by the context you've given, but if you're talking about how to account for adjustments in the forecast; I'd just assume 0 for adjustments and factor those adjustments into the forecasted opex.
For a preliminary model just model revenue and adj. EBITDA margin then bridge for adj. EBITDA to FCF. CIM should include EBITDA rec and you can see cash / non-cash expenses
Doloribus sint corrupti et non nisi. Et ad doloribus non vero. Quidem voluptatum omnis sunt. Sunt harum molestiae aut beatae. Aut fuga id provident rem id natus hic.
Excepturi sunt animi natus nulla. Voluptatibus ab reprehenderit praesentium consequatur sapiente quo. Sit velit nihil ducimus maxime ullam repellendus dolore.
Molestias voluptas eligendi aut aut. Suscipit voluptatibus possimus sit suscipit. Reprehenderit sint voluptatem repellat voluptas sit quis quas. Voluptas ut recusandae possimus vero numquam. Quis aut et aut sunt. Ut laboriosam quia necessitatibus ullam ut facilis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...