ONLINE COMPANY VALUATION FEEDBACK

I am evaluating a company that has the following numbers:

[redacted]Revenue $5.6M, EBITDA: $500K
2019: Revenue: $6.6M EBITDA $550K
2020: Revenue $11.1M EBITDA $2.1M
2021 Forecast: Revenue $13M and EBITDA $2.8M

Its a company in the online curriculum space that likely got a major "covid boost" with kids studying at home. Typical multiples in the curriculum space are 5-6x.

Lenders: How would you go about providing leverage for the company? Searchers: Would you value the company off of 2020 or take an average off of the last three years?



share: