Tag: EBITDA

Accounting Glossary

EBIT, EBITDA and Net Profit Explained: Untangling the Alphabet Soup of Profit Metrics

EBIT, EBITDA and net profit are not competing answers to the same question — they are three different lenses on the same set of numbers. This article unpacks what each metric strips out, why lenders and buyers favour different ones, and how a single SME's figures can swing from a £150,000 headline to a £60,345 bottom line depending on which line you stop at.

Oct 1, 2026 7 min read

Accounting Standards

IFRS 16 and Leases Explained: Why Your Office Rental and Company Van Now Sit on the Balance Sheet

IFRS 16 now forces most leases—office space, vans, photocopiers—onto the balance sheet as a right-of-use asset and lease liability. This guide walks through why the change happened, a worked five-year office lease example with journal entries, and what it means for covenants, EBITDA and management reporting.

Sep 12, 2026 7 min read

Management Reporting

The Essential KPIs Every Finance Team Should Be Tracking

Most finance teams track too many numbers and act on too few. A spreadsheet packed with 40 metrics sounds thorough; in practice…

Jul 6, 2026 9 min read