G. H. Financials provides clearing, settlement, and market access services for derivatives exchanges worldwide.

G. H. Financials

Marquette Partners is a proprietary trading firm that trades various asset classes globally, providing capital, infrastructure, and clearing relationships essential for success in the trading industry. Self-described as having over thirty years of experience in nurturing trading professionals.

Marquette Partners

Nasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide. The Market Technology segment includes anti financial crime technology business, which offers Nasdaq Trade Surveillance, a SaaS solution for brokers and other market participants to assist them in complying with market rules, regulations, and internal market surveillance policies; Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool; and Verafin, a SaaS technology provider of anti-financial crime management solutions. This segment also handles assets, such as cash equities, equity derivatives, currencies, interest-bearing securities, commodities, energy products, and digital currencies. The Investment Intelligence segment sells and distributes historical and real-time market data; develops and licenses Nasdaq-branded indexes and financial products; and provides investment insights and workflow solutions. The Corporate Platforms segment operates listing platforms; and offers investor relations intelligence and governance solutions. As of December 31, 2021, it had 4,178 companies listed securities on The Nasdaq Stock Market, including 1,632 listings on The Nasdaq Global Select Market; 1,169 on The Nasdaq Global Market; and 1,377 on The Nasdaq Capital Market. The Market Services segment includes equity derivative trading and clearing, cash equity trading, fixed income and commodities trading and clearing, and trade management service businesses. This segment operates various exchanges and other marketplace facilities across various asset classes, which include derivatives, commodities, cash equity, debt, structured products, and exchange traded products; and provides broker, clearing, settlement, and central depository services. The company was formerly known as The NASDAQ OMX Group, Inc. and changed its name to Nasdaq, Inc. in September 2015. Nasdaq, Inc. was founded in 1971 and is headquartered in New York, New York.

Gordon Macklin

Nasdaq, Inc.

Tectonic Investment Management is a boutique investment manager focused on investing in fast-growing, high-quality businesses that will be future market leaders. They manage a growth-focused absolute-return hedge fund and offer co-investments into early-stage technology ventures.

Metric
Company Name	G. H. Financials	Marquette Partners	Nasdaq, Inc.	Tectonic Investment Management
Symbol			NDAQ
MSH ID	COM:GHFINANCIALS	COM:MARQUETTEPARTNERSHOLDINGSLLC	COM:NASDAQ	COM:TECTONICIM
Market	PRIVATE	PRIVATE	STOCKS	PRIVATE
Sector	Financial Services & Finance	Financial Services & Finance	Financial Services	Financial Services & Finance
Industry	Financial Services	Trading	Financial - Data & Stock Exchanges	Investment Management
Country	GB	US	US	AU
Stage
Employee Count			8.57K
Website	ghfinancials.com	marquettepartnersholdingsllc.com	nasdaq.com	tectonicim.com
LinkedIn
Founders

Metric
Market Cap			35.53B
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue			6.06B
Revenue (LTM)
Revenue (NTM)
Gross Profit			4.85B
EBITDA			1.44B
Operating Income			1.58B
Net Income			1.06B
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			0.73
Operating Profit Margin			0.26
EBITDA Margin			0.24
Net Profit Margin			0.17
Return on Equity			0.14
Return on Assets			0.03
Return on Capital Employed			0.08

COM:GHFINANCIALS

G. H. Financials

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			28.90
P/B Ratio			2.83
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio			6.56
EV Multiple			17.71

Metric
Days Sales Outstanding			55.91
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle			55.91
Cash Conversion Cycle			53.37
Asset Turnover			0.22

Metric
Operating Cash Flow			206M
Free Cash Flow			48M
Cash Flow to Debt			0.17
Operating Cash Flow/Sales			0.28
Free Cash Flow Yield			0.04

Metric
Cash & Equivalents			473M
Accounts Receivable			3M
Inventory
Goodwill			14.09B
Debt to Capitalization			0.49
Debt to Assets			0.34
Current Ratio			1.01
Quick Ratio			0.99

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue			0.05
R&D to Revenue
SG&A to Revenue			0.06