Is GM Still Expecting to Grow in Fiscal Year 26?

EDreams has an EBITDA of $180 million. Growth expenses are running through the income statement as opposed to the balance sheet as a traditional manufacturing business would be. The customer acquisition costs for eDreams to grow the prime program is running right through the income statements. So, I suspect that the E BITDA is probably closer to 260 million euros if they achieve their fiscal year 25 revenue goals and they're still growing that business.

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