Financial Analysis – Examples

	20% Revenue & 20% EBITDA Growth
	TTM	Yr 1	Yr 2	Yr 3
Revenue	1,000	1,200	1,440	1,728
EBITDA	100	120	144	173
Capital Exp	10	10	10	10
Interest	-	16	13	10
Principal Pyts		40	40	40
Taxes	36	27	38	51
Ded to  EBITDA	46	93	101	110
Free Cash Flow	54	27	43	63
Cum FCF			70	133
	10% Revenue & 10% EBITDA Growth
	TTM	Yr 1	Yr 2	Yr 3
Revenue	1,000	1,100	1,210	1,331
EBITDA	100	110	121	133
Capital Exp	10	10	10	10
Interest	-	16	13	10
Principal Pyts		40	40	40
Taxes	40	27	33	39
Ded to  EBITDA	50	93	95	98
Free Cash Flow	50	17	26	35
Cum FCF			43	77
	0% Revenue & 0% EBITDA Growth
	TTM	Yr 1	Yr 2	Yr 3
Revenue	1,000	1,000	1,000	1,000
EBITDA	100	100	100	100
Capital Exp	10	10	10	10
Interest	-	16	13	10
Principal Pyts		40	40	40
Taxes	40	23	24	25
Ded to  EBITDA	50	89	87	85
Free Cash Flow	50	11	13	15
Cum FCF			24	39