ApprovalMax provides accounts payable and receivable automation software designed to enhance financial controls.

ApprovalMax

Avaza is a platform for work management that facilitates project collaboration, time tracking, expense management, and invoicing. Self-described as addressing the needs of growing teams.

Avaza

Billtrust provides AI-powered accounts receivable (AR) software solutions. Self-described as an innovator in AR automation, Billtrust offers services that streamline invoicing, payment processing, cash application, and collections, aiming to enhance efficiency and customer satisfaction.

Billtrust

BQE provides an all-in-one management solution designed for architecture, engineering, and professional service firms. This self-described award-winning software aims to streamline business processes through automated tools.

Metric
Company Name	ApprovalMax	Avaza	Billtrust	BQE
Symbol
MSH ID	COM:APPROVALMAX	COM:AVAZA	COM:BILLTRUST	COM:BQE
Market	PRIVATE	PRIVATE	PRIVATE	PRIVATE
Sector	Technology	Commercial & Professional Services	Commercial & Professional Services	Commercial & Professional Services
Industry	Software	Software	Financial Services	Software
Country	AU	US	US	US
Stage			Post-IPO Equity
Employee Count
Website	approvalmax.com	avaza.com	billtrust.com	bqe.com
LinkedIn
Founders

Metric
Market Cap
Enterprise Value
Monthly Web Traffic	480.12K	235.12K	1.58M
Web Traffic Growth	-0.12	-0.42	0.11
Valuation
Raised Capital			200M

Metric
Revenue
Revenue (LTM)
Revenue (NTM)
Gross Profit
EBITDA
Operating Income
Net Income
EPS
Diluted EPS
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
Operating Profit Margin
EBITDA Margin
Net Profit Margin
Return on Equity
Return on Assets
Return on Capital Employed

APPR

COM:APPROVALMAX

ApprovalMax

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
P/B Ratio
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio
EV Multiple

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

Metric
Operating Cash Flow
Free Cash Flow
Cash Flow to Debt
Operating Cash Flow/Sales
Free Cash Flow Yield

Metric
Cash & Equivalents
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization
Debt to Assets
Current Ratio
Quick Ratio

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