Enterprise value-to-sales ratio

Pervasip Announces Restructuring and Spin-Out

Retrieved on: 
Thursday, February 1, 2024

A key aspect of this restructuring involves converting over 80% of the company's debt into equity in the new cannabis-focused entity.

Key Points: 
  • A key aspect of this restructuring involves converting over 80% of the company's debt into equity in the new cannabis-focused entity.
  • In addition to this restructuring, Pervasip is embarking on a strategic transition away from non-productive assets, focusing exclusively on higher-margin branded product sales in all of its operating markets.
  • Restructuring our operations and focusing on high-margin, branded product sales will not only streamline our business but also enhance shareholder value," said German Burtscher, CEO/President of Pervasip.
  • This strategic restructuring represents a new chapter for Pervasip, positioning it for sustainable growth and profitability.

Valutico Simplifies Emerging Market Valuations with EMIS Database

Retrieved on: 
Wednesday, November 8, 2023

Valutico, a global leader in valuation software, has introduced new emerging market data from the EMIS database into its system.

Key Points: 
  • Valutico, a global leader in valuation software, has introduced new emerging market data from the EMIS database into its system.
  • By integrating the EMIS DealWatch database, Valutico gives its clients an impressive archive of over one hundred thousand transactions for these dynamic emerging markets.
  • Offering this essential data solidifies Valutico's position at the forefront of business valuations in emerging markets.
  • CEO of Valutico, Paul Resch, affirms, "Valutico's EMIS DealWatch database integration heralds a transformative era in emerging market valuations.

Valutico Provides an Easier Way to Value Startups

Retrieved on: 
Thursday, August 18, 2022

Although there are more than 4,000 active VC firms globally, valuing start-up companies remains problematic because traditional valuation methods don't always work.

Key Points: 
  • Although there are more than 4,000 active VC firms globally, valuing start-up companies remains problematic because traditional valuation methods don't always work.
  • As some recent start-up valuations are falling amidst investor caution, this new development comes at an opportune time to positively impact how effectively financial firms value young businesses.
  • About Valutico: Valutico is a popular web-based valuations platform providing the financial services industry with data-driven tools to conduct company analysis more efficiently.
  • With 26 leading valuation methodologies, and by saving agents time transferring results from spreadsheet to slides, Valutico is carving a new generation in valuations.

Ancora Calls on Everbridge to Initiate Sale Process Following Damning Annual Meeting Results

Retrieved on: 
Thursday, May 26, 2022

According to the certified results, stockholders also overwhelmingly voted against the re-election of Lead Independent Director Bruns Grayson, who chairs the Companys Nominating and Corporate Governance Committee.

Key Points: 
  • According to the certified results, stockholders also overwhelmingly voted against the re-election of Lead Independent Director Bruns Grayson, who chairs the Companys Nominating and Corporate Governance Committee.
  • Founded in 2003, Ancora Holdings Group, LLC offers integrated investment advisory, wealth management and retirement plan services to individuals and institutions across the United States.
  • Ancora is not asking for your proxy card and will not accept proxy cards if sent.
  • 1 Ancora estimate of more than $70 per share reflects approximately 7.5x EV/Sales and comparable public and private transactions in the sector.

ISS Recommends Everbridge Stockholders “WITHHOLD” Support for Chairman Jaime Ellertson and Director Bruns Grayson at 2022 Annual Meeting

Retrieved on: 
Monday, May 9, 2022

As a reminder, Ancora intends to withhold support for Messrs. Ellertson and Grayson as well as long-tenured incumbents Richard D'Amore and Kent Mathy.

Key Points: 
  • As a reminder, Ancora intends to withhold support for Messrs. Ellertson and Grayson as well as long-tenured incumbents Richard D'Amore and Kent Mathy.
  • "Given that the chairman appears to bear direct responsibility for these issues, the dissident has made a compelling argument that support is not warranted for chair [Jaime] Ellertson."
  • Shareholder support for this campaign should provide actionable feedback to the board regarding the possible need for thoughtful refreshment ahead of next year's annual meeting."
  • ISS' recommendation that Everbridge stockholders WITHHOLD support for Chairman Jaime Ellertson and director Bruns Grayson is a strong rebuke of the incumbent Board.

Ancora Issues Presentation Regarding its Intention to Withhold Support for Four Directors at Everbridge’s Upcoming Annual Meeting

Retrieved on: 
Wednesday, May 4, 2022

Ancora Holdings Group, LLC ("Ancora"), a significant stockholder of Everbridge, Inc. (NASDAQ: EVBG) (Everbridge or the Company), today issued a presentation that details its rationale for withholding support for four current members of the Companys Board of Directors (the Board) at the 2022 Annual Meeting of Stockholders (the Annual Meeting).

Key Points: 
  • Ancora Holdings Group, LLC ("Ancora"), a significant stockholder of Everbridge, Inc. (NASDAQ: EVBG) (Everbridge or the Company), today issued a presentation that details its rationale for withholding support for four current members of the Companys Board of Directors (the Board) at the 2022 Annual Meeting of Stockholders (the Annual Meeting).
  • The declines in Everbridges stock price in recent years appear to make this argument irrefutable.
  • More recently, these individuals have dismissed our feedback and resisted exploring strategic alternatives that we believe are readily available to the Company.
  • 1 Ancora estimate of more than $70 per share reflects approximately 7.5x EV/Sales and comparable public and private transactions in the sector.

Ancora Issues Statement Regarding Potential Acquirer Interest in Everbridge

Retrieved on: 
Monday, April 4, 2022

Ancora Holdings Group, LLC (together with its affiliates, Ancora or we), a significant shareholder of Everbridge, Inc. (NASDAQ: EVBG) (Everbridge or the Company), today issued the below statement as a follow-up to its March 17th letter that urged the Board of Directors (the Board) to explore strategic alternatives.

Key Points: 
  • Ancora Holdings Group, LLC (together with its affiliates, Ancora or we), a significant shareholder of Everbridge, Inc. (NASDAQ: EVBG) (Everbridge or the Company), today issued the below statement as a follow-up to its March 17th letter that urged the Board of Directors (the Board) to explore strategic alternatives.
  • Fredrick D. DiSanto, Chairman and Chief Executive Officer of Ancora, and James Chadwick, President of Ancora Alternatives LLC, commented:
    We believe multiple financial sponsors have interest in pursuing an acquisition of Everbridge.
  • In fact, one financial sponsor told us after seeing our March 17th letter that it informed the Company of its interest before ultimately receiving a tepid response.
  • We urge the Board to immediately initiate a strategic process to evaluate sale opportunities and engage with a broad set of potential buyers.

Ancora Issues Open Letter to the Board of Directors of Everbridge Regarding the Urgent Need to Explore Strategic Alternatives

Retrieved on: 
Thursday, March 17, 2022

On the Companys Q4 2021 earnings call, Everbridge called out the need to focus on integrating its acquired technologies.

Key Points: 
  • On the Companys Q4 2021 earnings call, Everbridge called out the need to focus on integrating its acquired technologies.
  • This is an extremely challenging task to take on while in the public market, and one we feel Everbridge is ill-equipped to navigate.
  • Everbridge does not disclose contributions from M&A, seemingly obscuring that the Company has been paying higher prices to acquire growth.
  • We believe Everbridge is a valuable strategic asset addressing a mission critical need in a large market with vast upside potential.

Edison Investment Research Limited: Trackwise Designs (TWD): Fundraising supports EV contract

Retrieved on: 
Thursday, December 23, 2021

Our peer multiples-based analysis shows Trackwise trading on EV/Sales and EV/EBITDA multiples for year 2 that are below the peer average.

Key Points: 
  • Our peer multiples-based analysis shows Trackwise trading on EV/Sales and EV/EBITDA multiples for year 2 that are below the peer average.
  • This suggests that at current levels the potential growth in sales and EBITDA associated with the EV opportunity is not fully priced in.
  • Click here to view the full report or here to sign up to receive research as it is published.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.

Borussia Dortmund (BVB): Another brick in the yellow wall

Retrieved on: 
Thursday, October 15, 2020

The 2019/20 season was typically successful from a sporting perspective, which reaffirmed Borussia Dortmund's position as one of the leading football teams in Germany and Europe.

Key Points: 
  • The 2019/20 season was typically successful from a sporting perspective, which reaffirmed Borussia Dortmund's position as one of the leading football teams in Germany and Europe.
  • The share price has been weak since the outbreak of COVID-19.
  • The EV/sales multiple of 1.4x is in line with the long-run average, and at a discount to its peers.
  • About Edison: Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac.