{"iri":"https://lexicon.financial/ext/concept/ProForma","label":"Pro Forma","definition":"Adjusted financial figures presented \"as if\" certain transactions, structural changes, or normalizing assumptions had been in place during the historical period. Standard in M&A: pro-forma EBITDA backs out one-off items and applies post-close cost structures to make the trailing earnings comparable to the post-close run rate.","license":"https://spdx.org/licenses/MIT","source":"ext","source_url":"https://lexicon.financial/ext/"}