Value Scope

JULY 17, 2024

In early February 2021, EA Sports teased the return of its popular college football franchise, although acceptance by all major schools was not universal, citing uncertainty with ongoing legal concerns regarding NIL for players. Just days later, on July 1, 2021, the NCAA officially allowed student athletes to profit off their NIL.

EBITDA 100

EBITDA 100

Value Scope

JULY 15, 2024

In early February 2021, EA Sports teased the return of its popular college football franchise, although acceptance by all major schools was not universal, citing uncertainty with ongoing legal concerns regarding NIL for players. Just days later, on July 1, 2021, the NCAA officially allowed student athletes to profit off their NIL.

EBITDA 100

EBITDA 100

Biz Equity

APRIL 13, 2023

Evolving Restaurant Outcomes from 2020 to 2021 Based on the improving fundamentals during 2021, the average (mean) asset sale value and equity value for restaurants rose considerably: The average asset sale value rose from $1,417K to $2,152K, or by $735K or 52%. At the median level, revenues rose by 10% and SDE rose by 32%.

Equity 98

Equity EBITDA Business Valuation Technology 98

Global Finance

OCTOBER 7, 2024

Snaitech generated $285 million of adjusted EBITDA in 2023 and NSX is expected to report $34 million of adjusted EBITDA for 2024, according to New York-based investment bank Needham & Company. In 2021, it offered to acquire Entain, a UK-based gambling company, with a reported $22 billion offer. Flutter may not be done yet.

EBITDA 75

EBITDA Finance Banking Technology 75

Benzinga

MAY 10, 2022

First quarter Adjusted EBITDA 1 of $0.4 We grew our revenue 75% on a year-over-year basis and continued to deliver positive Adjusted EBITDA while simultaneously making key investments that are geared toward driving long-term growth and enhancing shareholder value.". Adjusted EBITDA 1 was $0.4 Record first quarter revenue of $21.1

EBITDA 40

EBITDA Intangible Assets Treasury Start-ups 40

Brian DeChesare

DECEMBER 4, 2024

SPAC IPOs for esports companies were “hot” for a short period in 2021, but they seem to have died off by now. My high-level summary would be: 1) Focus on Revenue Multiples – Many teams are not run efficiently and have low/negative cash flows and earnings, so revenue multiples are more common than EBITDA , P/E, or other valuation multiples.

Banking 105

Banking Finance Technology Equity 105

Musings on Markets

JULY 27, 2022

On July 21, 2021, I valued Zomato just ahead of its initial public offering at about ? 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. 15,000 in March 2021 to ? 41 per share. 2000 per share, and the stock is currently trading at ?

Risk Premium 98

Risk Premium Start-ups Equity Marketability 98

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. At the current level Salesforce has a P/E ratio of 100x and an EV/EBITDA ratio of 47x for 2022.

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. At the current level Salesforce has a P/E ratio of 100x and an EV/EBITDA ratio of 47x for 2022.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

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. Average U.S. million in 2022. Formula One Group, founded in 1950, was purchased for $4.4 billion in 2016 by Liberty Media. The subsidiary reports $2.8

Start-ups 130

Start-ups EBITDA Business Valuation Market Capitalization 130

Benzinga

MARCH 30, 2022

For the twelve months ending October 31, 2021, Oranim Pharm generated revenues of approximately $16.5 million, with a gross margin from cannabis activity of approximately 25% and positive EBITDA. The acquisition was completed through IMC Holdings Ltd., a wholly-owned subsidiary of IM Cannabis Corp., "The successful.

EBITDA 52

EBITDA Marketability 52

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

Equidam

FEBRUARY 22, 2023

Feb 2023 data ] Industry EBITDA multiples, sourced from analysis by Prof. update back in November 2021, jumped from a multiple of 8.16 Aswath Damodaran of NYU Stern university. [ Feb 2023 data ] Below we share our analysis of these updates in more detail. Airlines, which we discussed in our 5.4 in February 2020, to 24.89

EBITDA 108

EBITDA Marketability Technology 108

Reynolds Holding

JUNE 3, 2024

As EBITDA and revenue multiples on larger platform acquisitions increased through 2021 and into the early part of 2022, many sponsors turned to consolidation and “buy and build” strategies, characterized by using smaller add-on acquisitions with lower price multiples to build value.

Equity 45

Equity EBITDA Debt Financing Equity Financing 45

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

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

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 15, 2022

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. So another major assumption when adopting this method, is that the type of ratio chosen as the comparison point, such as P/E or EV/EBITDA should be similar across similar firms. .

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Valutico

DECEMBER 15, 2022

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. So another major assumption when adopting this method, is that the type of ratio chosen as the comparison point, such as P/E or EV/EBITDA should be similar across similar firms. .

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

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

Musings on Markets

FEBRUARY 27, 2022

That said, about 31% of the net profits of all publicly traded firms listed globally in 2021 were generated by financial service firms; that percent is lower in the US and higher in emerging markets.

Start-ups 98

Start-ups Equity Book Value Marketability 98

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

Benzinga

APRIL 20, 2022

EBITDA multiple 1 on 2019 EBITDA. The EBITDA multiple includes approximately $136 million of estimated foregone capital expenditures over the next five years. Since the beginning of 2021, we have invested $1.6 The blended EBITDA multiple on our seven hotel acquisitions is 13.0x

EBITDA 40

EBITDA Finance 40

Valutico

SEPTEMBER 19, 2022

A useful tip is to check for consistency between the forecast margins and historical margins—EBITDA margin, EBIT margin, and Net Income margin. Hockey stick-like growth in your DCF projections may indicate these projections are not realistic.

Business Valuation 78

Business Valuation EBIT EBITDA Discounted Cash Flow 78

Benzinga

JANUARY 24, 2023

Pro forma combined revenue of $63 million in 2021, $71 million for 12 months trailing as of 9/30/22 Pro forma gross profit margin over 30% Pro forma cash and cash equivalents of $5 million as of 9/30/22 MINNETONKA, Minn., 24, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc.

EBITDA 40

EBITDA 40

FE International

APRIL 20, 2022

2021 was a year where the world adjusted to the new normal of the COVID-19 pandemic. In mid-2021, we noted that the US could raise federal tax rates for wealthy investors to as much as 43.4%. The total value of closed e-commerce deals in 2021 was nearly double that of 2020, and 2020’s total value was 8x 2019’s total value.

Private Equity Firm 98

Private Equity Firm Equity Start-ups Business Valuation 98

Musings on Markets

JANUARY 26, 2023

My last valuation of Tesla was in November 2021, towards its market peak, and given its steep fall from grace, in conjunction with Elon Musk's Twitter experiment, it is time for a revisit. In this section, I will begin by looking at the evolution of my Tesla value from 2013 to 2021, and then present my updated valuation of the company.

Start-ups 98

Start-ups Marketability Risk Premium Equity 98

Benzinga

OCTOBER 26, 2022

Adjusted EBITDA and EPS Guidance Affirmed, Outlook Updated to Reflect FX Translation Global Restructuring Expected to Yield $40 Million in Profit Growth in 2023 Balanced Capital Allocation Strategy Includes NoteMachine Acquisition and Continued Share Repurchases. GAAP net income up 1% to $19 M; adjusted EBITDA up 11% to $189 M.

EBITDA 40

EBITDA Dividends Intangible Assets 40

Valutico

DECEMBER 19, 2022

The company also was able to increase its EBITDA by 6.5% with an overall EBITDA margin of 35.2%. After this shock to the price of the company’s shares, they recovered to €80 per share in November 2021, after which they went steadily downhill until they reached €46 per share in early October this year. in non-beer products.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

DECEMBER 19, 2022

The company also was able to increase its EBITDA by 6.5% with an overall EBITDA margin of 35.2%. After this shock to the price of the company’s shares, they recovered to €80 per share in November 2021, after which they went steadily downhill until they reached €46 per share in early October this year. in non-beer products.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Benzinga

MAY 29, 2024

EBITDA multiple or a cap rate of approximately 5.3% The Resort recently benefitted from a transformative renovation and was closed from March of 2020 to June of 2021. The acquisition price represents a 16.3x on the Resort's 2024 estimated results 1.

EBITDA 40

EBITDA Appraisal 40

Benzinga

AUGUST 9, 2022

"New deals going to market via Axial in 2022 are flat to up relative to a blistering 2021 pace, which is great to see. Average EBITDA was $3.8M. Buyers are definitely taking longer to close deals, and we're seeing slightly elevated LOI breakage rates, but the market remains really robust." in the quarter, up from $20.1M

Banking 52

Banking Marketability EBITDA Equity 52

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

Valutico

NOVEMBER 21, 2022

billion in 2021. Despite a -21% performance in 2022 to date, Home Depot’s share price gained 64% over the past five years, with particularly good performance during the 2020-2021 COVID years. It achieved an all time high of $415 in December 2021 and is currently trading at $314 per share with a market cap of $319 billion.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

NOVEMBER 21, 2022

billion in 2021. Despite a -21% performance in 2022 to date, Home Depot’s share price gained 64% over the past five years, with particularly good performance during the 2020-2021 COVID years. It achieved an all time high of $415 in December 2021 and is currently trading at $314 per share with a market cap of $319 billion.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Benzinga

FEBRUARY 1, 2024

Historically, Intrahealth has achieved over 80% gross margins, produced positive EBITDA, and positive cashflows. Intrahealth was originally acquired by WELL in April 2021. In 2024, it is expected that Intrahealth will generate more than $12 million in revenues, achieve over 80% gross margins, and produce positive EBITDA and cashflows.

EBITDA 45

EBITDA Technology 45