Free cash flow is unencumbered earnings, meaning it is the company's earnings after payments like interest and taxes are made. EBITDA is earnings before interest, taxes, depreciation, and amortization.
Dead on! I know RC and Roaring Kitty have similar mindsets, I remember that clip of DFV watching RC interviews where Ryan talks about generating FCF with Chewy and he lights up
I love Larry cheng he’s like an undervalued genius in this whole GME investment. I have so much confidence in him, RC, furlong, and board. I’m so jacked we reached Free Cash Flow +
Somebody explain fcf so my kid understands… cause I totally understand it, I just can’t break it down to be understood by somebody of his mental capacity. I totally get it though, it’s for my kid
I think he shorted during the sneeze when the buy button got cut. I don’t think it was a position he kept for too long. Plus why would RC post a picture to promote someone that doesn’t believe in his plans. My guess is the potential for an acquisition mentioned today probably involves him. This is tinfoil though so take it with a grain of salt.
Anyone have a good link on how to read a 10Q? I want to familiarize myself with all the terminology and numbers to better understand what I’m looking at and reading so I can explain it to others a bit better
My only concern is whether this can be maintained. It looked to me like a temporary bump from increase in accounts payable, which they chose to mute through capex since having a non-operations related positive FCF can be weaponized by short sellers.
Why GME?
Eli5
Free cash flow is unencumbered earnings, meaning it is the company's earnings after payments like interest and taxes are made. EBITDA is earnings before interest, taxes, depreciation, and amortization.
I may grossly be doing an oversimplified explanation:
Ebida or whatever is earnings
Dead on! I know RC and Roaring Kitty have similar mindsets, I remember that clip of DFV watching RC interviews where Ryan talks about generating FCF with Chewy and he lights up
Hell yeah! Learning something new!
Link and timestamp anyone? 😁
Link 👀👀
I wish I knew who were the other two people with him during that stream and if they're still around or bailed when things got tough 👑
link to Larry Cheng tweet
I love Larry cheng he’s like an undervalued genius in this whole GME investment. I have so much confidence in him, RC, furlong, and board. I’m so jacked we reached Free Cash Flow +
Absolutely lovely
Larry Cheng, A.K.A Gamestop's secret weapon.
He is GameStop's quant.
Be like Larry
LC a real one
LFG
Somebody explain fcf so my kid understands… cause I totally understand it, I just can’t break it down to be understood by somebody of his mental capacity. I totally get it though, it’s for my kid
Free cash flow can be used to remove liabilities like debt. No debt means more assets/cash
If I understand correctly think of this as "EBITDA is how much you make whereas FCF is how much you take/rake"
All my homies love free cash flow
GME Free Cash Flow > EBITDA? Cha-Cheng!! Alway love Larry's point of view!
I'm no financial advisor but if i was Icahn i would truly think about closing those shorts
I think he shorted during the sneeze when the buy button got cut. I don’t think it was a position he kept for too long. Plus why would RC post a picture to promote someone that doesn’t believe in his plans. My guess is the potential for an acquisition mentioned today probably involves him. This is tinfoil though so take it with a grain of salt.
LC & RC #thisistheway
Correct me if I'm wrong, EBITDA is just FCF but without the hassle that you can't easily manipulate.
A company that talks only about it's EBITDA usually means that the ITDA are pretty shit.
Wow…..u won the day. Great. Fucking. Recall. Fuckkkkkkk yessss. Hedgies so fuckd
Anyone have a good link on how to read a 10Q? I want to familiarize myself with all the terminology and numbers to better understand what I’m looking at and reading so I can explain it to others a bit better
Ryan Cohen the new book King. The other party of Amazon was referred to as the book King when Amazon was first starting.
As an (previously) accountant, studying CIMA, literally the first thing they taught you, Cash is king.
That mean by next quarter they are profitable? Help me out?
A big ass war chest and very little debt is the breakfast of champions in this market. They're in damn good shape with free cash flow.
I remember MSM screaming they’ll eat through their cash within a year . Now over a billy on hand ! How beautiful to see !
FCF good for amazon but not for gme.
Why not just come out and say this in he meetings vs posting an Amazon communication on twitter?
My only concern is whether this can be maintained. It looked to me like a temporary bump from increase in accounts payable, which they chose to mute through capex since having a non-operations related positive FCF can be weaponized by short sellers.
Buy amazon
What could
Get this post to the top of Superstock 🚀
It’s what my company harps on about all the time at the moment.
So bullish 💜🏴☠️
post archived:
This is a great lesson for me personally next time as well when reading a financial/annual/quarter report.
FCF fux
Go GME
EBITDA is a proxy for FCF. It’s the hamburger compared to steak.
Boom
Let’s goooo
This ⬆️
You’re god damned right