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March 2020: The very first retail sportsbooks opened in Michigan, right before quickly closing once again temporarily due to coronavirus pandemic.
Information and facts reconciling forward-on the lookout altered EBITDA to the equivalent GAAP economical measures is unavailable to the corporate devoid of unreasonable effort, as discussed below.
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See previously mentioned to get a dialogue from the merger termination profit associated with the termination with the H&E merger agreement. For that three months finished March 31, 2025, the effect of the merger termination was a Internet $fifty two million advantage for both of those Web income furnished by operating functions (as mentioned earlier mentioned, the associated taxes haven't still been paid) and modified EBITDA.
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Fleet productivity is a comprehensive metric that gives increased Perception into the selections made by our managers in assistance of growth and returns. Specifically, we seek out to optimize the interaction of rental premiums, time utilization and mix in driving rental revenue.
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We outline “absolutely free hard cash flow” as Internet funds supplied by running functions fewer payments for buys of, and plus proceeds from, equipment and intangible assets. The equipment and intangible asset items are included in money flows from investing activities. Management thinks that totally free cash stream gives practical supplemental information concerning funds stream available to meet future personal debt assistance obligations and dealing capital requirements.
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