TechInnovate Inc. is a cutting-edge technology company specializing in artificial intelligence solutions for enterprise clients. The company leverages machine learning to optimize business processes and enhance decision-making capabilities.

TechInnovate Inc.

Celsius Holdings plays in the energy drink subsegment of the global nonalcoholic beverage market, with 96% of revenue concentrated in North America. Celsius' products contain natural ingredients and a metabolism-enhancing formulation, appealing to fitness and active lifestyle enthusiasts. The firm's portfolio includes its namesake Celsius Originals beverages, Celsius Essentials line (containing aminos), and Celsius On-the-Go powder packets. Celsius dedicates its efforts to branding and innovation, while it utilizes third parties for the manufacturing, packaging, and distribution of its products. In 2022, Celsius forged a 20-year distribution agreement with PepsiCo, which holds an 8.5% stake in the business.

Celsius Holdings, Inc. Common Stock

Foster Ventures is an early stage venture capital firm focused on investing in B2B Enterprise SaaS companies. The firm provides mentorship and support to its portfolio companies.

Foster Ventures

FreightPros provides LTL and truckload freight shipping services through a selection of national and regional carriers. It focuses on delivering quality freight experience supported by a team of freight professionals.

FreightPros

Third Prime is a venture firm that leads early-stage rounds and supports exceptional entrepreneurs through exit. Our offices are located in New York City and Nashville.For more information, please visit our website or follow Third Prime on LinkedIn, Medium or Twitter @ThirdPrimeVC.

Metric
Company Name	TechInnovate Inc.	Celsius Holdings, Inc. Common Stock	Foster Ventures	FreightPros
Symbol		CELH
MSH ID	VC:THIRDPRIME	COM:CELSIUS	COM:FOSTERVC	COM:FREIGHTPROS
Market	PRIVATE	STOCKS	PRIVATE	PRIVATE
Sector	Technology	Consumer Defensive	Financial Services & Finance	Transportation
Industry	Technology	Beverages - Non-Alcoholic	Venture Capital	Freight and Logistics
Country	US	US	US	US
Stage
Employee Count	12	765
Website	thirdprime.vc	celsius.com	fostervc.com	freightpros.com
LinkedIn	third-prime
Founders

Metric
Market Cap		6.89B
Enterprise Value
Monthly Web Traffic		45.25K
Web Traffic Growth		-0.17
Valuation
Raised Capital

Metric
Revenue		1.32B
Revenue (LTM)
Revenue (NTM)
Gross Profit		629.72M
EBITDA		269.79M
Operating Income		266.37M
Net Income		226.80M
EPS		0.79
Diluted EPS		0.77
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		0.50
Operating Profit Margin		0.22
EBITDA Margin		0.20
Net Profit Margin		0.19
Return on Equity		0.29
Return on Assets		0.16
Return on Capital Employed		0.24

VC:THIRDPRIME

TechInnovate Inc.

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		81.00
P/B Ratio		12.13
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio		16.19
EV Multiple		81.86

Metric
Days Sales Outstanding		69.45
Days Payables Outstanding		73.34
Days Inventory Outstanding		121.99
Operating Cycle		173.51
Cash Conversion Cycle		150.71
Asset Turnover		0.87

Metric
Operating Cash Flow		141.22M
Free Cash Flow		123.78M
Cash Flow to Debt		151.85
Operating Cash Flow/Sales		0.20
Free Cash Flow Yield		0.00

Metric
Cash & Equivalents		755.98M
Accounts Receivable		-121.56M
Inventory		229.28M
Goodwill		14.17M
Debt to Capitalization		0.00
Debt to Assets		0.00
Current Ratio		3.62
Quick Ratio		3.85

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue		0.02
R&D to Revenue
SG&A to Revenue		0.02