Valuation
What a business is worth today, from the cash it will make.
Change one assumption and you see what it is worth to you.
Financial models.
Every model answers one decision. Built so your own team can follow it, change it and check it.
The models we build
Cap table modeling
Who owns what, through every round, and what a new one does to it.
It shows what each person holds the day the company is sold.
Leveraged buyout
What a buyer can pay, how much of it is borrowed, and what the equity returns.
It tells you whether the price still works after the debt.
Venture fund returns
What a fund returns when most of its companies return nothing.
It shows how big one winner has to be.
Three statements
Profit, balance sheet and cash, joined so a change in one shows in all three.
It is where you find out the plan runs out of cash.
FP&A
Financial planning and analysis: the budget, the forecast, and the gap between them each month.
It turns the drivers a team can actually move into a number the board sees.
Project finance
A plant, a road or a site funded on its own cash, by lenders with no claim beyond it.
It works out what the project can borrow and when the owners finally get paid.
Debt sizing
How much a lender will really lend against the cash a business or a project makes.
It sizes the loan to the cover they need, not to what you asked for.
Credit loss
What a book of loans loses in a normal year, and in a bad one.
It puts a number on the tail nobody budgets for.
Securitization
A pool of loans cut into slices, and which slice takes the loss first.
It shows how much the pool can lose before the top slice is touched.
Lease against buy
Whether to lease an asset or buy it, once tax and the end of the term are counted.
The answer usually turns on the interest rate.
Economic appraisal
What a project is worth to everyone it touches, not just to its owner.
It is the case you make when the return alone does not carry it.