Perfect SPAC Presentation Deck
PERFECT
EV/Revenue
EV/Revenue
Growth Adj.²
16.9x
Perfect 1
0.40x
Perfect 1
Peer Median: 19.8x
14.3x
Sprout Social
Monday.com
0.40x
Attractive Valuation Relative To Peers
Perfect ■Market Leading, High-Growth SaaS
AR-related Software
Monday.com
16:6x-17-0x17.5x
Shopify
Peer Median: 0.54x
Sprout Social
Asana
Crowdstrike
Shopify
32.7x 32.8x
30.5×
22.5×
19.7x 19.8x
millla
0.50x 0.51x
CY2022E
Source: Perfect Management projection, Capital IQ as of 04 February 2022
Perfect multiples based on the proposed transaction (US$1,019m pro forma Enterprise Value)
2 Adjusted for CY2021E to CY2023E Revenue Growth
Doximity
0.54x
Asana
Crowdstrike
Zoominfo
0.58x
Zscaler
Bill.com
0.70x
Bill.com
ZoomInfo
0.86x
Datadog
Datadog
0.88x
Zscaler
NI
Doximity
11.7x
Matterport
Unity Software
0.21x
21.3x
Matterport
0.64x
Unity Software
12.0x
Perfect 1
0.29x
Peer Median: 15.6x
Perfect 1
11.0x
Sprout Social
Monday.com
12.2x 12.6x 13.2x-
Shopify
0.29x
Monday.com
Peer Median: 0.41x
-0.36x-0.37x0.38x
Shopify
Asana
Crowdstrike
Sprout Social
14.8x
CY2023E
23.3x
16.6x 17.2x
mlll
Doximity
Asana
Crowdstrike
0.41x
ZoomInfo
0.43x
Zscaler
Bill.com
0.54x
ZoomInfo
0.63x
Offering Attractive Relative Valuation Despite Superior Operating Metrics
24.3x 24.3x
Bill.com
Datadog
Datadog
0.67x
Zscaler
NI
Doximity
Confidential 35
7.1x
Matterport
Unity Software
0.13x
16.4x
Matterport
0.49x
Unity SoftwareView entire presentation