Amortisation is for accounting/tax purposes. A large negative on the first year ... | Hacker News

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		charlieyu1 3 months ago \| parent \| context \| favorite \| on: The time bomb in the tax code that's fueling mass ... Amortisation is for accounting/tax purposes. A large negative on the first year does not make sense. It should be divorced from actual cash flow, because cash flow doesn’t tell you the full picture of the company, while assets/profits do

kccqzy 3 months ago [–]

I also didn't like the conventional definition of profit based on earnings. I'd rather look like free cash flow instead.

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