Deal closedWe advised on the sale of Ecologic → Everfield. See what international buyers really look for in Polish software. The calculator below is a VEA model scenario, not the price of that deal

VEA · VALUATION EXPLORER

What could your business be worth?

Change a few inputs to explore an indicative value range. The calculation and its explanation are available without an email address.

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Currency

Start with your company data

Type your figures or move the sliders. The starting values are an example; check the assumptions below the result.

Sector
Annual Recurring Revenue (ARR)M EUR

= 2,000,000 EUR

The EBITDA part of the model treats ARR as a proxy for annual revenue. If project revenue is material, use the revenue split.

Revenue growth YoY (%)%

Year-over-year growth, last 12 months.

EBITDA margin (%)%

Move the sliders - the valuation updates live.

Example scenario

Indicative enterprise value range (EV)

Low endEUR 3.9M
High endEUR 7.1M

Model central value: EUR 5.4M

This is the value of the operating business (EV). Share value also depends on debt, cash and the terms of a transaction.

Calculation basis: A blend of ARR and EBITDA

This range reflects model assumptions. It is neither a buyer offer nor a statistical confidence interval.

Inputs and assumptions in this scenario

Fields start with example values. Changing one field does not confirm the other assumptions.

Sector
SaaS / B2B Software
Annual Recurring Revenue (ARR)
EUR 2.0M
Revenue growth YoY (%)
25%
EBITDA margin (%)
20%
International revenue (%)
20%
AI positioning
Neutral - AI-independent, deeply embedded workflow
Regulated / critical-infrastructure sector
No
Deep customer integration / high switching cost
No
Largest customer (% of revenue)
not set
Net debt
not set

EBITDA normalisation is unconfirmed. Check whether it reflects market-rate compensation for work performed by owners. Ticking the box does not change the calculation.

A scenario from the VEA model. Inputs and assumptions have not been independently verified. Methodology and assumptions →

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02 · UNDERSTAND THE RESULT

How to use this result

Use it as a starting point for a conversation. Check revenue, margin and assumptions. The complete calculation is explained below.

CONTEXT FOR YOUR RESULT

What does the VEA Index tell you?

4.8x EV/EBIT is the median model output for 449 profitable Polish IT companies with EUR 10-50M revenue, using FY2024 accounts.

The index describes a valuation scenario using registry financials. It contains no transaction prices or buyer offers.

Your scenario implies 2.7x ARR. The index uses EBIT, so these numbers do not rank your company within its sample.

See the index data, assumptions and scope

See how we arrive at this value

EBITDA base · 11x · weight 25%EUR 1.1M
ARR base · 3.4x · weight 75%EUR 5.1M
International revenue (20% of revenue)− EUR 311K
Rule of 40 (45)+ EUR 584K
Business scale (size discount / premium)− EUR 1.0M
Model central value (EV)EUR 5.4M

Adjustments are rules in the VEA model. They are not verified transaction premiums or discounts.

03 · CHOOSE YOUR NEXT STEP

Turn the result into a decision

Want to understand what to improve in the business? Value Creation OS starts with a review of company data, followed by priorities and an action plan.

Discuss your next step →

OPTIONAL · DOCX FILE

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The number is a starting point.

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Closed transaction · June 2026

EcologicEverfield

Exclusive transaction and financial adviser to the owners of Ecologic on its sale to Everfield. The calculator result is a VEA model scenario, not the price of this transaction.

See the Ecologic Everfield case →
Working with you over these past few months meant complete professionalism on your side. I cannot imagine going through the whole process without a team like yours!
Emil Żak, CEO of Ecologic (translated from Polish)
Marcin Boroń

Marcin Boroń

Managing Partner. Led the Ecologic sale.

Book a confidential call

Confidential. No company name required.

This valuation is indicative. A detailed analysis requires a review of source data, revenue quality and AI exposure.