Recurring Capital Partners provides growth debt financing solutions to help software founders invest in growth opportunities without the dilution or onerous governance of raising equity. The firm focuses on the B2B SaaS sector.

Recurring Capital Partners

Maxio provides billing and financial operations solutions for B2B SaaS businesses. It offers services such as subscription billing, revenue recognition, and financial reporting, self-described as simplifying complex billing processes.

Maxio

SVB Financial Group, a diversified financial services company, offers various banking and financial products and services. It operates through four segments: Global Commercial Bank, SVB Private Bank, SVB Capital, and SVB Securities. The Global Commercial Bank segment provides commercial banking products and services, including credit, treasury management, foreign exchange, trade finance, and other financial products and services. This segment also offers traditional term and equipment loans, asset-based loans, revolving lines of credit, warehouse facilities, recurring revenue and acquisition finance facilities, mezzanine lending, corporate working capital facilities, and credit card programs; treasury management products and services; business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts; receivables services, which include merchant services, remote capture, lockbox, and fraud control services; wire transfer and automated clearing house payment services; business bill pay, credit and debit cards, account analysis, and disbursement services. In addition, it offers foreign exchange and trade finance products and services; letters of credit; and investment services and solutions. The SVB Private Bank segment offers mortgages, home equity lines of credit, restricted and private stock loans, capital call lines of credit, and other secured and unsecured lending products; planning-based financial strategies, wealth management, family office, financial planning, tax planning, and trust services; and real estate secured loans. The SVB Capital segment provides venture capital investment services. The SVB Securities segment provides investment banking services; products and services, including capital raising, merger and acquisition advisory, equity research, and sales and trading. It operates through 56 offices in the United States and internationally. The company was founded in 1983 and is headquartered in Santa Clara, California.

SVB Financial Group

Recurring Capital Partners | 414 followers on LinkedIn. Smart Growth Capital | Recurring Capital Partners provides debt and equity capital for Software as a Service (SaaS)/recurring revenue model technology-driven companies.  We look for long-lasting partnerships where we can help companies accelerate their growth by providing straightforward, entrepreneur-friendly capital to expand upon a proven product and established customer base.

Metric
Company Name	Recurring Capital Partners	Maxio	SVB Financial Group
Symbol			SIVB
MSH ID	CAPITAL:RECURRING	COM:MAXIO	COM:SVB
Market	PRIVATE	PRIVATE	STOCKS
Sector	Financial Services & Finance	Technology	Financial Services
Industry	Financial Services	Software	Banks - Regional
Country	US	US	US
Stage
Employee Count			8.55K
Website	recurring.capital	maxio.com	svb.com
LinkedIn	recurring-capital-partners		silicon-valley-bank
Founders

Metric
Market Cap		6.28B
Enterprise Value
Monthly Web Traffic	331	504.42K
Web Traffic Growth	0.22	0.07
Valuation
Raised Capital

Metric
Revenue			540M
Revenue (LTM)
Revenue (NTM)
Gross Profit			540M
EBITDA			3.87B
Operating Income			3.65B
Net Income			1.67B
EPS			25.58
Diluted EPS			25.35
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin			1
Operating Profit Margin			6.76
EBITDA Margin			7.17
Net Profit Margin			3.10
Return on Equity			0.10
Return on Assets			0.01
Return on Capital Employed			0.02

RECU

CAPITAL:RECURRING

Recurring Capital Partners

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio			3.75
P/B Ratio			0.39
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio			11.63
EV Multiple			0.32

Metric
Days Sales Outstanding			489.95
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle
Cash Conversion Cycle
Asset Turnover			0.01

Metric
Operating Cash Flow			2.86B
Free Cash Flow			2.65B
Cash Flow to Debt			0.15
Operating Cash Flow/Sales			5.30
Free Cash Flow Yield			0.42

Metric
Cash & Equivalents			13.80B
Accounts Receivable			6M
Inventory
Goodwill			375M
Debt to Capitalization			0.55
Debt to Assets			0.09
Current Ratio			3.07
Quick Ratio			3.07

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue			0.08
R&D to Revenue
SG&A to Revenue			1.07