What to know
We find financials across all available credible sources (national registries, press releases, trade publications).
Our analysts normalise for one-off and exceptional items for curated profiles at least once per year.
Where no financials are available, our machine learning models estimate Revenue (based on Rev / FTE) and EBITDA (based on est. EBITDA margins) to fill in the gaps.
Where do we source our financial data?
Our primary sources are national registries and credible sources (press releases, disclosures)
Our primary source of financial data are national registries, from which we extract the historical financial results of companies and the respective filing documents.
The information from national registries might be insufficient due to limited disclosure requirements for certain geographies (e.g. US, Switzerland) or company size.
We go one step further and search the available financial estimates from all the reliable sources, such as investor pages, transaction press releases and news articles.
We also factor in our own proprietary data where sourced through members of our intelligence origination team.
What steps do our analysts take?
For curated company profiles, our intelligence team identifies the most relevant legal entity, which consolidates all the business operations.
We then process the raw financial data from the registries, check accuracy and normalise for true operating performance
This includes adjustments for non-recurring financial items or broken reporting periods. We also add recent estimates from reliable sources, which are depicted in blue.
To ensure data transparency, our team adds all the sources used and other relevant notes. You can see those on the app and in the excel exports (in-cell comments).
How do we ensure our financial data stays up to date?
We update each company profile, including financial data available, at least once a year.
Usually this coincides with the new financial reports becoming available in the national registries.
Once that happens, our analysts are notified to prioritise the company update, accurately reflecting the latest financials as quickly as possible.
In addition to that, we add any available data points following ownership changes or M&A transactions.
Do you track financial data for listed companies?
We present historical financials, LTM/NTM results and forecasts for listed companies from our third-party provider.
What if the company has no financial data publicly available?
For companies with no financials figures available, our algorithm shows a revenue and EBITDA estimate:
We base this on clear assumptions at each step so you can assess accuracy yourself. These include:
- Latest number of employees
- Revenue/FTE ratio based on the business activity, growth rate and founding year, among other factors
- EBITDA % also based on the above
In addition, we summarise the revenue/FTE and operational profitability ratios from similar companies to provide you with more context on our assumptions
Next: Ownership data
Comments
0 comments
Article is closed for comments.