In this Course, students will develop a framework to evaluate growth companies, whether the companies are growing organically or by acquisition.
Lessons covered include:
• Accounting over incentives: How a company allocates promotions, refunds, and discounts affects their topline, which is especially important for stocks trading on revenue multiples.
• Acquisition accounting issues.
• Deferred Revenue Waterfalls.
• Goodwill Impairment.
• Net to Gross Adjustments.
• Capitalized Costs.
• Know your Key Performance Indicators (KPIs).
• Renewal Rates/Churn.
• Merchant disclosures.
The Course also includes two company Case Studies: Lightspeed and Shopify.
Analyzing Growth Companies
