https://www.cnbc.com/2019/01/15/airbnb-sustains-profit-as-it-heads-toward-ipo.html

Airbnb posted its second straight year of profitability on an adjusted basis as it heads toward a possible IPO, the start-up announced Tuesday.

Airbnb is one of several giant private tech companies gearing up for a public debut this year, alongside Uber, Lyft and WeWork. But Airbnb is eyeing the offering with two years of EBITDA profits, according to a company memo seen by CNBC. EBITDA is a measure of operating profits before financing-related expenses like interest, taxes, depreciation and amortization.