Watermark Venture Capital is a privately held fund focused on investing in SaaS and AI startups, with investments extending into complex engineering, robotics, agritech, and human-computer interaction sectors.

Watermark Venture Capital

Tribal Group plc, through its subsidiaries, provides education related systems, solutions, and consultancy services in the United Kingdom, Australia, other Asia Pacific, North America, and internationally. It operates in two segments, Student Information Systems (SIS) and Education Services (ES). The SIS segment offers software, and maintenance and support services; and deploys and configures software solutions, asset management, and information managed services for its customers. The ES segment offers inspection and review services that support the assessment of educational delivery, as well as a portfolio of performance improvement tools and services, including analytics. The company serves higher education, further education, vocational institutions, colleges, training providers, employers, and school sectors, as well as government and state bodies. Tribal Group plc was founded in 1999 and is based in Bristol, the United Kingdom.

Metric
Company Name	Watermark Venture Capital	Tribal Group plc
Symbol		TRB
MSH ID	COM:WATERMARKVC	COM:TRIBALGROUP
Market	PRIVATE	STOCKS
Sector	Financial Services & Finance	Technology
Industry	Venture Capital	Software - Application
Country	US	GB
Stage
Employee Count		908
Website	watermarkvc.com	tribalgroup.com
LinkedIn
Founders

Metric
Market Cap		1.57M
Enterprise Value
Monthly Web Traffic		7.95K
Web Traffic Growth		-0.63
Valuation
Raised Capital

Metric
Revenue		109.26M
Revenue (LTM)
Revenue (NTM)
Gross Profit		52.74M
EBITDA		16.99M
Operating Income		12.17M
Net Income		6.75M
EPS		0.03
Diluted EPS		0.03
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		0.48
Operating Profit Margin		0.11
EBITDA Margin		0.16
Net Profit Margin		0.06
Return on Equity		0.11
Return on Assets		0.05
Return on Capital Employed		0.14

COM:WATERMARKVC

Watermark Venture Capital

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		-178.64
P/B Ratio		2.03
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio		1.55
EV Multiple		11.59

Metric
Days Sales Outstanding
Days Payables Outstanding		7.06
Days Inventory Outstanding
Operating Cycle		77.81
Cash Conversion Cycle		63.51
Asset Turnover		0.78

Metric
Operating Cash Flow		9.57M
Free Cash Flow		-1.73M
Cash Flow to Debt		0.79
Operating Cash Flow/Sales		0.14
Free Cash Flow Yield		-0.05

Metric
Cash & Equivalents		8.66M
Accounts Receivable		-539.00K
Inventory
Goodwill		36.35M
Debt to Capitalization		0.24
Debt to Assets		0.08
Current Ratio		0.47
Quick Ratio		0.59

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue		0.01
R&D to Revenue
SG&A to Revenue		0.32