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Outreach Networks Case Darden

The document shows financial projections for a company from 2009 to 2017. Revenue grew from $9 million in 2009 to projections of $525 million in 2017, representing compound annual growth rates from 117-186% from 2010 to 2013 and 24-50% from 2013 to 2017. EBITDA margins remained relatively steady between 21-30% from 2009 to 2012 and are projected to remain around 29-30% from 2012 to 2017. The discounted cash flow valuation of the company in 2009 was $83 million and the venture capital method valuation ranged from $1.5-2.5 billion using 2009 exit values and EBITDA/P/E multiples.

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Paco Colín
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1K views3 pages

Outreach Networks Case Darden

The document shows financial projections for a company from 2009 to 2017. Revenue grew from $9 million in 2009 to projections of $525 million in 2017, representing compound annual growth rates from 117-186% from 2010 to 2013 and 24-50% from 2013 to 2017. EBITDA margins remained relatively steady between 21-30% from 2009 to 2012 and are projected to remain around 29-30% from 2012 to 2017. The discounted cash flow valuation of the company in 2009 was $83 million and the venture capital method valuation ranged from $1.5-2.5 billion using 2009 exit values and EBITDA/P/E multiples.

Uploaded by

Paco Colín
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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2009 2010

Revenue $9.00 $22.00


Year-on-year growth 144%
COGS $4.20 $10.90
Gioss Profit $4.80 $11.10
Operating Expenses $2.79 $4.32
EBITDA $2.01 $6.78
Depreciation and Amortization $0.05 $0.11
EBIT $1.97 $6.67
EBIT margin 21.83% 30.32%
Interest Expense $0.00 $0.00
Profit before Taxes $1.97 $6.67
Taxes 30% $0.59 $2.00
Net Income $1.38 $4.67
Capital Expenditures
Increase in Net Working Capital

Free Cash Flow

HR 40%
DCF EV $83.19

Venture Capital Method


Exit Value
EBITDA multiple 9.9x $1,562.72
P/E multilple 22.8x $2,477.45
2011 2012P 2013P 2014P 2015P 2016P
$63.00 $137.00 $198.00 $260.00 $335.00 $425.00
186% 117% 45% 31% 2.90% 27%
$37.20 $82.40 $117.10 $153.40 $194.30 $242.30
$25.80 $54.60 $80.90 $106.60 $140.70 $182.70
$8.50 $15.76 $20.78 $29.90 $41.85 $57.35
$17.30 $38.84 $60.12 $76.70 $98.85 $125.35
$0.32 $0.69 $0.99 $1.30 $1.68 $2.13
$16.99 $38.16 $59.13 $75.40 $97.18 $123.23
26.96 o 27.85% 29.86% 29.00% 29.01 o 28.99%
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$16.99 $38.16 $59.13 $75.40 $97.18 $123.23
$5.10 $11.45 $17.74 $22.62 $29.15 $36.97
$11.89 $26.71 $41.39 $52.78 $68.02 $86.26
$1.00 $1.45 $1.90 $2.45 $3.10
$6.00 $8.67 $11.39 $14.67 $18.61

$20.39 $32.26 $40.80 $52.58 $66.67

10% 15.0% 20.0% 30.0% 40.0% 45.0%

EV
$207.5
$329.0
2017P
$525.00
24%
$290.00
$235.00
$77.15
$157.85
$2.63
$155.23
29.57%
$0.00
$155.23
$46.57
$108.66
$3.83
$22.99

$84.46

50.0%

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