FlatRock Equity is a global permanent capital investor in exceptional private companies.

FlatRock Equity

Advantage Capital invests in small businesses, providing access to equity and debt financing to help them grow and succeed. They have invested in over 900 companies since 1992, with a focus on various sectors including agribusiness and affordable housing.

Advantage Capital

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity and real estate markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. The firm provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its fixed income investments include income-oriented senior loans, bonds, collateralized loan obligations, structured credit, opportunistic credit, non-performing loans, distressed debt, mezzanine debt, and value oriented fixed income securities. The firm seeks to invest in chemicals, commodities, consumer and retail, oil and gas, metals, mining, agriculture, commodities, distribution and transportation, financial and business services, manufacturing and industrial, media distribution, cable, entertainment and leisure, telecom, technology, natural resources, energy, packaging and materials, and satellite and wireless industries. It seeks to invest in companies based in across Africa, North America with a focus on United States, and Europe. The firm also makes investments outside North America, primarily in Western Europe and Asia. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $10 million and $1500 million. The firm seeks to invest in companies with Enterprise value between $750 million to $2500 million. The firm conducts an in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies. Apollo Global Management, Inc. was founded in 1990 and is headquartered in New York, New York with additional offices in North America, Asia and Europe.

Leon Black

Marc Rowan

Josh Harris

Apollo Global Management, Inc.

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

David Kaplan

Bennett Rosenthal

Ares Management Corporation

FlatRock Equity | 2,723 followers on LinkedIn. We are a global permanent capital investor focused on investing in exceptional technology-enabled businesses. | Global private investment firm focused on technology enabled businesses that improve people&#39;s everyday life

Metric
Company Name	FlatRock Equity	Advantage Capital	Apollo Global Management, Inc.	Ares Management Corporation
Symbol			APO	ARES
MSH ID	COM:FLATROCKEQUITY	COM:ADVANTAGECAP	COM:APOLLO	COM:ARESMGMT
Market	PRIVATE	PRIVATE	STOCKS	STOCKS
Sector	Financial Services & Finance	Financial Services & Finance	Financial Services	Financial Services
Industry	Private Equity	Investment Management	Asset Management - Global	Asset Management
Country	AE	US	US	US
Stage			Post-IPO Debt
Employee Count			4.95K	2.87K
Website	flatrockequity.com	advantagecap.com	apollo.com	aresmgmt.com
LinkedIn	flatrockequity		apollo-global-management-inc	ares-management
Founders

Metric
Market Cap		67.83B	27.15B
Enterprise Value
Monthly Web Traffic	48	206.45K	80.89K
Web Traffic Growth		0.03	0.11
Valuation
Raised Capital		495M	750M

Metric
Revenue	33.21B	4.99B
Revenue (LTM)
Revenue (NTM)
Gross Profit	32.30B	3.50B
EBITDA	9.12B	2.43B
Operating Income	8.32B	474.30M
Net Income	5.05B	474.33M
EPS	8.32	2.44
Diluted EPS	8.21	2.42
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	0.98	0.80
Operating Profit Margin	0.56	0.30
EBITDA Margin	0.27	0.49
Net Profit Margin	0.25	0.18
Return on Equity	0.54	0.41
Return on Assets	0.02	0.03
Return on Capital Employed	0.18	0.05

FLAT

COM:FLATROCKEQUITY

FlatRock Equity

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	34.70	27.86
P/B Ratio	7.07	13.53
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	3.10	10.46
EV Multiple	19.74	29.61

Metric
Days Sales Outstanding	10.18	88.88
Days Payables Outstanding	851.98	89.59
Days Inventory Outstanding		0.00
Operating Cycle	111.59	114.21
Cash Conversion Cycle	90.64	33.48
Asset Turnover	0.10	0.16

Metric
Operating Cash Flow	6.60B	-233.26M
Free Cash Flow	-17.80B	-300.44M
Cash Flow to Debt	0.69	0.06
Operating Cash Flow/Sales	0.20	0.28
Free Cash Flow Yield	0.10	0.00

Metric
Cash & Equivalents	17.69B	1.50B
Accounts Receivable		-48.86M
Inventory
Goodwill	4.33B	1.12B
Debt to Capitalization	0.42	0.90
Debt to Assets	0.02	0.62
Current Ratio	0.75	0.54
Quick Ratio	9.37	1.28

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.03	0.06
R&D to Revenue
SG&A to Revenue	0.07	0.18