Investors should be cautious when using non-IFRS financial measures and industry metrics because there are no standard definitions for these measures.

Question

Quizplus · Accepted Answer

Non-IFRS financial measures and industry metrics can vary from company to company or industry to industry, which can make comparisons difficult. Without a standard definition, investors may be misled by potentially inflated or distorted numbers. It's important to do thorough research and understanding of the specific non-IFRS financial measures or industry metrics being used before making investment decisions.

Investors Should Be Cautious When Using Non-IFRS Financial Measures and Industry