Asset-light aggregator platform that lets banks, card networks and enterprises give their customers access to airport lounges, railway lounges, golf and other travel/lifestyle benefits via an omni-channel tech stack.
Price
Market Cap
Sector
Services
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 5 | 5 | 10 | 10 | 11 | 11 | 11 | 11 |
| Reserves | 61 | 60 | 72 | 146 | 226 | 290 | 323 | 303 |
| Borrowings | 3 | 9 | 8 | 7 | 6 | 11 | 10 | 12 |
| Other Liabilities | 69 | 49 | 78 | 159 | 176 | 187 | 134 | 58 |
| Total Liabilities | 138 | 123 | 169 | 323 | 419 | 499 | 477 | 384 |
| AssetsFixed Assets | 5 | 39 | 16 | 14 | 12 | 15 | 15 | 31 |
| CWIP | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 44 | 44 | 90 | 91 | 103 |
| Other Assets | 132 | 84 | 153 | 264 | 363 | 393 | 371 | 250 |
| Total Assets | 138 | 123 | 169 | 323 | 419 | 499 | 477 | 384 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 18 | 22 | 6 | -12 | 50 | 22 | 57 | 8 |
| Cash from Investing | -7 | 0 | -27 | 6 | -30 | -15 | -46 | -30 |
| Cash from Financing | -5 | 1 | -2 | -3 | -2 | 2 | -8 | 1 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 17 | 15 | -30 | -16 | 49 | 20 | 57 | 5 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
DREAMFOLKS · CYCLICAL_UNMODELABLE
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