Lighter Capital

MARCH 28, 2024

Median EBITDA Margin Is Negative but Cash Flow Looks Promising Median EBITDA margin was -4%, but more than half (56%) of the companies with negative EBITDA had positive cash flow. Only 27 of the 62 companies with negative EBITDA margin also had negative cash flow.

EBITDA 52

EBITDA Technology Marketability 52

Valutico

DECEMBER 6, 2022

The market leader for CRM software is currently trading at around $133 per share, down more than 50% from its all-time-high of $300 per share, achieved in November 2021. . billion, an increase of 14% compared to Q3 in 2021. The current price of $133 represents a market capitalization of $145 billion.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

DECEMBER 6, 2022

The market leader for CRM software is currently trading at around $133 per share, down more than 50% from its all-time-high of $300 per share, achieved in November 2021. . billion, an increase of 14% compared to Q3 in 2021. The current price of $133 represents a market capitalization of $145 billion.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Accountancy Today

DECEMBER 16, 2021

FRP Advisory has reported that pre-tax profits for the six-month period ended 31 October 2021, dropped to £5.7m The fall in profit was attributed to “high levels” of government support in response to the pandemic which reduced the amount of administration appointments by 49% to 390 in H1 2022 (H1 2021: 763). from £7.1m up from £35.9m

Corporate Finance 71

Corporate Finance EBITDA Finance Marketability 71

Equidam

FEBRUARY 16, 2024

Average valuations used in the Scorecard Method and maximum valuations used in the Checklist Method We base our estimates on real transactions by country since August 1st, 2021. Industry EBITDA multiples used in the VC and DCF with multiple methods Our multiples are based on public market conditions at the beginning of the current year.

EBITDA 44

EBITDA Specific Risk Banking Marketability 44

Valutico

DECEMBER 15, 2022

Valuations using multiples is one of the three main approaches to valuing a business, sometimes referred to as the ‘market-based approach’. The ratio used might be EV/EBITDA, EV/Sales, P/E or another, depending on the valuation performed and the type of business being valued. This EBITDA multiple is the EV/EBITDA ratio.

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Valutico

DECEMBER 15, 2022

Valuations using multiples is one of the three main approaches to valuing a business, sometimes referred to as the ‘market-based approach’. The ratio used might be EV/EBITDA, EV/Sales, P/E or another, depending on the valuation performed and the type of business being valued. This EBITDA multiple is the EV/EBITDA ratio.

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Valutico

APRIL 24, 2023

While expanding its portfolio in 2021 and 2022 with acquisitions like Brazil’s Hemmer condiment and sauce company and an 85% stake in Germany’s Just Spices GmbH, the company has also recently agreed to sell its Russian baby food business to Chernogolovka. Adjusted EBITDA decreased 5.8% billion in 2020. billion to USD 74.5

Discounted Cash Flow 52

Discounted Cash Flow EBITDA Net Debt EBIT 52

Valutico

APRIL 24, 2023

While expanding its portfolio in 2021 and 2022 with acquisitions like Brazil’s Hemmer condiment and sauce company and an 85% stake in Germany’s Just Spices GmbH, the company has also recently agreed to sell its Russian baby food business to Chernogolovka. Adjusted EBITDA decreased 5.8% billion in 2020. billion to USD 74.5

Discounted Cash Flow 52

Discounted Cash Flow EBITDA Net Debt EBIT 52

Biz Equity

APRIL 13, 2023

Average Metrics for Restaurants 2017 to 2022 BizEquity Firms Market Data Mean/Median Source One Source Two Mean/Median Revenues $2581K/$1,183K $951K/$400K $758K/$519K $854K/$460K SDE $438K/$152K $106K/$74K $140K/$100K $123K/$87K SDE Margin 17.0%/12.8% At the median level, revenues rose by 10% and SDE rose by 32%.

Equity 98

Equity EBITDA Business Valuation Technology 98

Value Scope

DECEMBER 1, 2023

viewership of F1 races jumped about 545,000 in 2017 and 2018 to 672,000 to 949,000 in 2021 and 1.2 billion of annual revenue and $560 million of EBITDA. It’s current market capitalization is approximately $15 billion. Average U.S. million in 2022. Formula One Group, founded in 1950, was purchased for $4.4

Start-ups 130

Start-ups EBITDA Business Valuation Market Capitalization 130

Musings on Markets

JULY 27, 2022

On July 21, 2021, I valued Zomato just ahead of its initial public offering at about ? The market clearly had a very different view, as the stock premiered at ? 169 per share in late 2021. per share, and the mood and momentum that worked in its favor for most of 2021 had turned against the company. 41 per share.

Risk Premium 81

Risk Premium Start-ups Equity Marketability 81

Benzinga

MARCH 20, 2024

million, a near doubling of Buckshot's revenue since 2021; MANAGEMENT COMMENTARY Richard A. million, a near doubling of Buckshot's revenue since 2021; MANAGEMENT COMMENTARY Richard A. million on revenue of approximately $8.2 million on revenue of approximately $8.2 Rich") Murphy, Chairman and CEO of Enservco, commented, "We.

EBITDA 40

EBITDA Marketability 40

Benzinga

JANUARY 17, 2023

The service offering consists of copywriting and outreach services such as content writing services, website link building services, social media marketing services and virtual assistant services to individuals, businesses and agencies. Contentellect reported $330,000 of adjusted EBITDA in 2021 (on an unaudited basis).

EBITDA 40

EBITDA Marketability 40

Benzinga

NOVEMBER 28, 2022

million in the prior year's period, while adjusted EBITDA came in negative at CA$5.8 million as compared to the same period of 2021. Net loss climbed to $CA60.1 million , compared to CA13.53 million, representing an improvement of CA$0.3

EBITDA 52

EBITDA Marketability 52

Equidam

FEBRUARY 22, 2023

Note: We update our startup valuation parameters on a regular basis, in order to stay current with market data and ensure our platform is consistent with the fundraising environment and broad economic trends. Feb 2023 data ] Industry EBITDA multiples, sourced from analysis by Prof. Aswath Damodaran of NYU Stern university. [

EBITDA 106

EBITDA Marketability Technology 106

Benzinga

MAY 16, 2022

All-time record quarterly revenue of $34 million (NIS 87 million), almost three times greater than Q1 2021 ($13 million or NIS 33 million) and up 9% sequentially compared to the prior quarter. Adjusted EBITDA 2 for the first quarter of the Company’s cannabis sector was $8 million (NIS 21 million).

EBITDA 52

EBITDA Marketability 52

Benzinga

NOVEMBER 14, 2022

Adjusted EBITDA was $0.6 million on December 31, 2021. Gross profit was $9.5 million in the three months ended September 30, 2022, or approximately 24% of revenue, compared to $12.6 million, or approximately 24% of revenue in the prior year period. Net loss for the quarter was $15.7 million in the prior year period.

EBITDA 52

EBITDA Marketability 52

Valutico

DECEMBER 19, 2022

Anheuser-Busch InBev, a Belgium-based beer brewing and distribution giant operating in the global market, has an impressive portfolio of over 500 beer brands including Budweiser, Becks, Stella Artois and Corona. The company also was able to increase its EBITDA by 6.5% with an overall EBITDA margin of 35.2%. in non-beer products.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

DECEMBER 19, 2022

Anheuser-Busch InBev, a Belgium-based beer brewing and distribution giant operating in the global market, has an impressive portfolio of over 500 beer brands including Budweiser, Becks, Stella Artois and Corona. The company also was able to increase its EBITDA by 6.5% with an overall EBITDA margin of 35.2%. in non-beer products.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

JUNE 1, 2023

Recent Financial Performance In Q1 2023, Marriott exceeded market expectations with gross lodging fees reaching USD 1.13 billion and an EBITDA of USD 1.09 The easing of travel restrictions and vaccine distribution in 2021 prompted a recovery, with the stock achieving an all-time high of USD 188.14 on April 20, 2022.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

MAY 24, 2023

Connecting NGL supply across the Mid-Continent, Permian, and Rocky Mountain regions to vital market centers, Oneok plays a pivotal role in the country’s energy industry. 2022 saw a robust cash and capital structure with a staggering USD 967 million adjusted EBITDA in Q4, up by 14% from the previous year. billion to USD 32.3

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Capital Structure 52

Equidam

MAY 12, 2024

in the four years up to 2021, and $44.7M from 2021 onwards. They still target the same market opportunity, but are now able to demonstrate better retention figures in response to the improved experience, as well as a lower acquisition cost. domain name.

Technology 52

Technology B2B Marketability EBITDA 52

Valutico

AUGUST 11, 2021

A darling of the tech industry since its founding in 2012, the company is growing impressively and reaching a half billion dollars in revenue in FY 2021, but with a valuation of $82Bn and resulting implied revenue multiple north of 150x, can Snowflake sustain this valuation for longer, let alone grow it further?

EBITDA 52

EBITDA Marketability 52

Equidam

MAY 12, 2024

in the four years up to 2021, and $44.7M from 2021 onwards. They still target the same market opportunity, but are now able to demonstrate better retention figures in response to the improved experience, as well as a lower acquisition cost. domain name.

Technology 67

Technology Marketability B2B EBITDA 67

Benzinga

JUNE 30, 2022

With a revenue of C$ 943 million for financial year 2020-2021, BALL is dedicated to the processing and marketing of canned and frozen vegetables in the United States and Canada, in the retail supermarket and food service sectors, mainly with private labels, third party brands and own brands such as Arctic Gardens and Del Monte.

Enterprise Value 40

Enterprise Value EBITDA Marketability 40

Benzinga

MAY 24, 2022

With a revenue of C$ 943 million for financial year 2020-2021, BALL is dedicated to the processing and marketing of canned and frozen vegetables in the United States and Canada, in the retail supermarket and food service sectors, mainly with private labels, third party brands and own brands such as Arctic Gardens and Del Monte.

Enterprise Value 40

Enterprise Value EBITDA Marketability 40

Equidam

MARCH 20, 2024

Against the backdrop of a frosty market for startup fundraising, AI companies are raising large rounds on fairly relaxed terms. Driven by an unprecedented hype surrounding AI technologies, these companies are commanding valuations that are reminiscent of the highs of 2021.

Marketability 78

Marketability Data Analysis EBITDA Technology 78

Class VI Partner

MARCH 1, 2023

A Return to Reality There is no question that M&A and the general economic landscape looked a lot different in 2022 than it did in the white hot 2021 environment. In January, we surveyed private equity groups investing across various industries and deal sizes within the middle market. Two-thirds of respondents reported a 0.25

Equity 52

Equity EBITDA Marketability Finance 52

Equidam

NOVEMBER 22, 2021

On November 29th, 2021 you’ll be upgraded to the latest version of Equidam with updated valuation parameters. 2 | Industry EBITDA multiples used in the VC and DCF with multiple. Our multiples are based on public market conditions at the beginning of current year. Thus, equity investors turned to private markets.

EBITDA 52

EBITDA Specific Risk Technology Marketability 52

Valutico

OCTOBER 17, 2022

This led to a market cap of €78 billion after the IPO, which is higher than the current market capitalization of its parent company Volkswagen AG (€72 billion). . It sold 301,000 cars in 2021, an 11% improvement compared to the prior year. The company had its IPO just recently where it achieved an issue price of €82.5

Discounted Cash Flow 52

Discounted Cash Flow EBIT Equity EBITDA 52

Valutico

DECEMBER 4, 2023

Stock Market Implications In the recent past, most notably in 2020 and 2021, Netflix experienced considerable growth in the stock market. billion to USD 150 billion, by utilizing observed metrics such as EV/EBITDA, EV/EBIT, and P/E ratios. Due to the COVID-19 shutdowns in 2020, new subscriptions increased dramatically.

Discounted Cash Flow 52

Discounted Cash Flow Start-ups EBIT EBITDA 52

Benzinga

MAY 11, 2022

Reports net income of $48 million, compared to a net loss of $72 million in the first quarter of 2021, the latter reflecting one-time expenses during last year's re-financing activities. Delivers Adjusted EBITDA 1 of $112 million, a 2% increase over the prior-year period due to strong Electronics organic revenue growth.

EBITDA 40

EBITDA Technology Marketability Finance 40

Benzinga

OCTOBER 17, 2022

million of adjusted EBITDA in 2021 (on an unaudited basis). "We Proofread Anywhere is a provider of business-to-consumer online courses and operates in the global e-learning market that is forecasted to grow more than 20% annually in a massive marketplace. Proofread Anywhere reported approximately $1.38

EBITDA 40

EBITDA Marketability 40

Benzinga

MARCH 1, 2024

BeOp is revolutionizing the advertising landscape with its innovative technology tailored for the new digital media and advertising market KPIs such as attention measurement, engagement rate, attribution and time spent. Data BeOp is already integrated with the leading DMPs (data management platforms) in the market. million in 2023.

Start-ups 45

Start-ups EBITDA Technology Marketability 45

Valutico

JANUARY 3, 2024

As per the statistics published by Nilson Report in May 2023, the market share of Visa in the total purchase transactions on global general card networks for 2022 was 39% whereas the shares of Mastercard and UnionPay were 24% and 34% respectively. Visa is currently the 11th most valuable company globally in terms of market capitalization.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Start-ups Banking 52

Valutico

JANUARY 17, 2023

The company has a leading position in the Southeast Asian market with their e-commerce platform Shoppee and their gaming offers by Garena. Sea currently has a market capitalization of $29.8 million which was an improvement of 34% compared to 2021’s third quarter. As market sentiment changed globally during 2022, Sea Ltd.

Discounted Cash Flow 52

Discounted Cash Flow Market Capitalization Equity Start-ups 52