But just so you know what EBlT is, EBlT is just Earnings

We had marginal profit I did.

Also, in the interest of security and public safety...

I asked them all.

I'll just abbreviate that as Nl.

And at least it'll give you a sense of how revenues, gross profit, operating profit, pre tax income and net income really are different.

Minus 500,000.

This is what the owners of the company get before they pay the government.

(Laughter) But I know it's the bottom line, or one's perception of it, that motivates people in the end.

But here you see it means very, very different things.

They buy more of your service and they tell more of their friends, which leads to more profit.

Go ahead, eat.

So the idea is we can make advertising useful, not just annoying, right?

Our interests clash with theirs.

This is really important to pay attention to, because so many people say, oh, a company made this much.

You can either profit by this or be destroyed.

And when people talk about earnings of a company, this is what they're talking about.

And these metrics will tell you that.

You'll get your cut.

Kill the goose that lays the golden eggs.

The taxes will be 153,000.

I'm not a charity commissioner.

A benefit to both our worlds.

He said to his sweetie, Let us marry.

Before Interest and Taxes.

So you've probably heard not only the term earnings, you've probably also heard the term earnings per share.

Science comes first, but business comes a close fucking second.

So that's a nice thing to keep in the back of your mind, this return on asset concept, and it's very closely tied to operating profits and the actual assets of a firm.

And that's what these brands did.

FDlC insured.

And that's my dad found that.

The rewards would be... enormous.

And let's say, assume if I inherited this million dollars, I didn't finance it.

We are assuming a very simple world, were the is no taxes, we have no debt, we have no intrest or things

The reason this is happening boils down, in my mind, to one basic problem, which is our inability to perceive the difference between public benefits and private profits.

It has advantages.

A statistical edge?

This is 350,000 of net income.

This was interest. This was non op income.

This guy makes what is this?

And then I was left with 1 million.

It's good for everybody.

Fair enough.

Why make this thing?

Why isn't it on every poster across the third world?