Cheat Layer provides no code business automation by utilizing a custom-trained version of GPT-4 and its own multi-modal model, Atlas-1, to facilitate automation through simple language.

Cheat Layer

Thrive Automation provides Robotic Process Automation (RPA) solutions to help businesses cut costs, reduce risk, and improve efficiency and performance.

Thrive Automation

Formstack is a workplace productivity platform that allows organizations to create digital workflows with no-code forms, documents, and signatures. The company was founded in 2006 and serves over 25,000 organizations worldwide. It also runs the Formstack for Good program, committing time, product, and profit to creating a more sustainable and equal world.

Ade Olonoh

Formstack

HubSpot, Inc. provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes marketing, sales, service, and content management systems, as well as integrated applications, such as search engine optimization, blogging, website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, knowledge base, commerce, conversation routing, video hosting, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting. It also offers professional services to educate and train customers on how to leverage its CRM platform, as well as phone and/or email and chat-based support services. The company serves mid-market business-to-business companies. HubSpot, Inc. was incorporated in 2005 and is headquartered in Cambridge, Massachusetts.

Metric
Company Name	Cheat Layer	Thrive Automation	Formstack	HubSpot, Inc.
Symbol				HUBS
MSH ID	COM:CHEATLAYER	CA:THRIVEAUTOMATION	COM:FORMSTACK	COM:HUBSPOT
Market	PRIVATE	PRIVATE	PRIVATE	STOCKS
Sector	Technology	Technology	Technology	Technology
Industry	Software & Services	Information Technology and Services	Software as a Service (SaaS)	Software - Application
Country	US	CA		US
Stage
Employee Count			251	7.83K
Website	cheatlayer.com	thriveautomation.ca	formstack.com	hubspot.com
LinkedIn				hubspot
Founders

Metric
Market Cap			25.09B
Enterprise Value
Monthly Web Traffic	94	7.20M	61.43M
Web Traffic Growth	0.42	-0.17	-0.04
Valuation
Raised Capital

Metric
Revenue				2.17B
Revenue (LTM)
Revenue (NTM)
Gross Profit				1.82B
EBITDA				15.62M
Operating Income				-208.06M
Net Income				-176.29M
EPS				-3.53
Diluted EPS				-3.53
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				0.85
Operating Profit Margin				-0.04
EBITDA Margin				0.01
Net Profit Margin				-0.01
Return on Equity				-0.02
Return on Assets				-0.01
Return on Capital Employed				-0.05

CHEA

COM:CHEATLAYER

Cheat Layer

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				-169.71
P/B Ratio				25.51
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio				14.45
EV Multiple				7.52K

Metric
Days Sales Outstanding				37.67
Days Payables Outstanding				18.20
Days Inventory Outstanding				104.93
Operating Cycle				154.60
Cash Conversion Cycle				144.98
Asset Turnover				0.72

Metric
Operating Cash Flow				350.97M
Free Cash Flow				250.72M
Cash Flow to Debt				0.81
Operating Cash Flow/Sales				0.18
Free Cash Flow Yield				0.01

Metric
Cash & Equivalents				387.99M
Accounts Receivable				-57.62M
Inventory				99.33M
Goodwill				173.76M
Debt to Capitalization				0.37
Debt to Assets				0.28
Current Ratio				2.35
Quick Ratio				1.96

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue				0.19
R&D to Revenue				0.28
SG&A to Revenue				0.11