> Dropbox Inc.'s chief executive officer said the company is now generating a profit excluding interest, taxes, depreciation and amortization
FYI - it's very likely that Dropbox is depreciating a HUGE ($100's of millions) amount of data center cost.[0] Translated into a more common "AWS opex cost", might yield a company that isn't really profitable^. EBITDA can be very misleading (not saying it definitely is in this case) so it's always worth analyzing it with a grain of salt until you have all of the full granular details.
FYI - it's very likely that Dropbox is depreciating a HUGE ($100's of millions) amount of data center cost.[0] Translated into a more common "AWS opex cost", might yield a company that isn't really profitable^. EBITDA can be very misleading (not saying it definitely is in this case) so it's always worth analyzing it with a grain of salt until you have all of the full granular details.
[0] - http://www.datacenterdynamics.com/content-tracks/colo-cloud/...
^EDIT - I should have said, "might not be profitable yet".