WHAT IS THE DEFINITION OF EBITDA? IS IT THE EARNINGS AMOUNT AFTER OPEX BUT BEFORE TAXES/DEP/AMORT?

Trying to get the severe “rule of thumb” dimensions to weigh a little tiny businesses. For example, “this association competence worth itself during 5 to 8 times gain (EBITDA)” – in this box the “earnings” isn’t simply the pristine income stream…right?

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