EC21 is a global B2B marketplace connecting buyers with suppliers worldwide. The platform allows suppliers to post and promote their products and services, while buyers can search for suppliers and post their own buying leads.

EC21

Coupa Software Incorporated provides cloud-based business spend management platform that connects its customers with suppliers worldwide. The company provides visibility into and control over how companies spend money, optimize supply chains, and manage liquidity, as well as enables businesses to achieve savings that drive profitability. Its platform offers procurement, invoicing, expense management, and payment solutions that form the transactional engine for managing a company's business spend; and specialized solutions, including strategic sourcing, contract management, contingent workforce, supplier risk management, supply chain design and planning, treasury management, and spend analysis. It serves businesses in various industries, including healthcare and pharmaceuticals, retail, financial services, manufacturing, and technology. The company markets its platform primarily through a direct sales force. Coupa Software Incorporated was incorporated in 2006 and is headquartered in San Mateo, California.

Noah Eisner

Dave Stephens

Coupa Software Incorporated

W.W. Grainger, Inc. distributes maintenance, repair, and operating (MRO) products and services in the United States, Japan, Canada, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. It offers safety and security supplies, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance supplies, and metalworking and hand tools. It also offers inventory management and technical support services. The company serves businesses, corporations, government entities, and other institutions through sales and service representatives, and electronic and ecommerce channels. W.W. Grainger, Inc. was founded in 1927 and is headquartered in Lake Forest, Illinois.

Tim Billingsley

William Wallace Grainger

W.W. Grainger, Inc.

IndiaMART InterMESH Limited operates an online business-to-business marketplace for business products and services in India and internationally. The company's e-marketplace acts as an interactive hub for domestic and international buyers and suppliers. Its platform serves small and medium enterprises, large enterprises, and individuals. The company was incorporated in 1999 and is based in Noida, India.

Metric
Company Name	EC21	Coupa Software Incorporated	W.W. Grainger, Inc.	IndiaMART InterMESH Limited
Symbol		COUP	GWW	INDIAMART
MSH ID	COM:EC21	COM:COUPA	COM:GRAINGER	COM:INDIAMART
Market	PRIVATE	STOCKS	STOCKS	STOCKS
Sector	Commercial & Professional Services	Technology	Industrials	Communication Services
Industry	E-commerce	Software - Application	Industrial - Distribution	Internet Content & Information
Country	KR	US	US	IN
Stage
Employee Count		3.08K	23.20K	5.38K
Website	ec21.com	coupa.com	grainger.com	indiamart.com
LinkedIn
Founders

Metric
Market Cap	6.12B	44.32B	1.96B
Enterprise Value
Monthly Web Traffic	359.94K
Web Traffic Growth	0.37
Valuation
Raised Capital	50M

Metric
Revenue	725.29M	16.48B	141.30M
Revenue (LTM)
Revenue (NTM)
Gross Profit	412.05M	6.50B	77.06M
EBITDA	-102.58M	2.56B	59.22M
Operating Income	-244.08M	2.56B	34.82M
Net Income	-369.11M	1.83B	39.43M
EPS	-5	36.65	0.65
Diluted EPS	-5	36.51	0.65
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	0.57	0.39	0.48
Operating Profit Margin	-0.34	0.16	0.35
EBITDA Margin	-0.14	0.16	0.42
Net Profit Margin	-0.51	0.11	0.29
Return on Equity	-0.38	0.56	0.22
Return on Assets	-0.12	0.22	0.11
Return on Capital Employed	-0.09	0.43	0.18

COM:EC21

EC21

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	-26.10	25.58	53.48
P/B Ratio	21.69	5.74	10.05
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	8.43	3.28	15.80
EV Multiple	-48.39	19.11	37.78

Metric
Days Sales Outstanding	117.33	48.55
Days Payables Outstanding	6.89	34.88	24.30
Days Inventory Outstanding		82.86	6.35
Operating Cycle	113.83	131.41	8.35
Cash Conversion Cycle	108.46	96.53	-9.14
Asset Turnover	0.23	2.02	0.37

Metric
Operating Cash Flow	185.75M	2.03B	66.02M
Free Cash Flow	170.54M	1.59B	64.28M
Cash Flow to Debt	0.11	0.95	15.22
Operating Cash Flow/Sales	0.26	0.13	0.52
Free Cash Flow Yield	0.02	0.03	0.01

Metric
Cash & Equivalents	506.46M	660M	10.01M
Accounts Receivable		-98M	271.54K
Inventory		2.27B	1.28M
Goodwill	1.51B	370M	53.64M
Debt to Capitalization	0.65	0.42	0.03
Debt to Assets	0.69	0.33	0.02
Current Ratio	1.78	2.88	2.17
Quick Ratio	1.69	1.56	4.30

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.28	0.00	0.03
R&D to Revenue	0.22
SG&A to Revenue	0.21		0.00