Shifting Gears: Uber will turn a profit this year … kind of - Business Insider

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Shifting Gears: Uber will turn a profit this year … kind of

But of course, that's on an adjusted metric excluding interest, taxes, depreciation or amortization. The fine print:

"Adjusted EBITDA excludes certain recurring, non-cash charges, such as depreciation of property and equipment and amortization of intangible assets, and although these are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future, and Adjusted EBITDA does not reflect all cash capital expenditure requirements for such replacements or for new capital expenditure requirements.

These units are sourced from the German military, and they include a 1991 Mercedes-Benz 250GD Wolf that can be dropped from a helicopter. Our visual features reporter Brittany ChangElectric-cars ads dominated the Super Bowl, which is more than we can say for the US auto marketUS automakers aggressively marketed electric vehicles during this year's Super BowlKing aptly notes the reality of the car business at present: EVs barely make up 2% of automotive sales in the US.

"If you're chasing a target, and the target is stationary, that's one way. You're chasing a moving target — and we are definitely a moving target with the investments that we're making," he said of his counterparts recent public charge that FeEx could catch UPS.

 

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