TTR In The Press
Bloomberg Línea
June 2022
Latin American Unicorns Are Valued Way Above their Revenue Levels: Report
Unicorns in the region represent just 3% of the companies that have raised capital, compared to 51% in the US and 17% in China
Bogotá — Unicorns in Latin America were valued at up to 18 times above their annual average revenues of $148 million in 2021, while in the case of soonicorns, companies that are viewed as soon-to-be unicorns, it is up to 20 times, according to a report by Endeavor and Gliscor Partners.
The valuation (EV/R) to revenue ratio calculation was performed with a sample of more than 100 Latin American ventures, according to the report Venture Capital and Growth Equity Ecosystem.
Source: Bloomberg Línea
