Guardian records first operating profit since 1998
The headline is incorrect. The Guardian recorded positive EBITDA, but did not record positive Operating Profit (almost universally used to refer to EBIT).The original source[0] seems to deliberately conflate the two measures: "GNM has achieved its break even goal delivering an operating profit at EBITDA level of £0.8 million"The BBC article then parroted the 'operating profit' part, leaving out the 'at EBITDA level' qualifier, thus turning a slightly misleading statement into a factually incorrect one.[0] https://www.theguardian.com/p/bcd4a