Median of Growing ($25-75m rev) Companies | Median of Mature ($1.25-1.75B rev) Companies | Delta | |
Revenue Growth | 56% | 16% | -40% |
Gross Margin | 69% | 74% | +5% |
R&D % of Revenue | 21% | 18% | -3% |
S&M % of Revenue | 45% | 30% | -15% |
G&A % Revenue | 18% | 11% | -7% |
EBITDA % of Revenue | -13% | 22% | +35% |
Magic Number | 0.8x | 0.6x | -0.2x |
Rule of 40 | 46% | 34% | -12% |
Source: OMERS Growth Equity