Discounted Cash Flow (DCF) Analysis Levered
AudioEye, Inc. (AEYE)
$5.0983
-0.20 (-3.81%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 5.66 | 10.77 | 20.48 | 24.50 | 29.91 | 46.52 | 72.36 | 112.55 | 175.04 | 272.25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -1.64 | -5.62 | -1.91 | -4.98 | -5 | -11.87 | -18.46 | -28.71 | -44.65 | -69.45 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.43 | -0.36 | -1.30 | -1.57 | -1.25 | -2.59 | -4.03 | -6.26 | -9.74 | -15.15 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -2.07 | -5.98 | -3.20 | -6.55 | -6.25 | -14.46 | -22.49 | -34.97 | -54.39 | -84.60 |
Weighted Average Cost Of Capital
| Share price | $ 5.0,983 |
|---|---|
| Beta | 1.037 |
| Diluted Shares Outstanding | 11.48 |
| Cost of Debt | |
| Tax Rate | -0.04 |
| After-tax Cost of Debt | 0.32% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 9.653 |
| Total Debt | 1.26 |
| Total Equity | 58.51 |
| Total Capital | 59.77 |
| Debt Weighting | 2.10 |
| Equity Weighting | 97.90 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 5.66 | 10.77 | 20.48 | 24.50 | 29.91 | 46.52 | 72.36 | 112.55 | 175.04 | 272.25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -1.64 | -5.62 | -1.91 | -4.98 | -5 | -11.87 | -18.46 | -28.71 | -44.65 | -69.45 |
| Capital Expenditure | -0.43 | -0.36 | -1.30 | -1.57 | -1.25 | -2.59 | -4.03 | -6.26 | -9.74 | -15.15 |
| Free Cash Flow | -2.07 | -5.98 | -3.20 | -6.55 | -6.25 | -14.46 | -22.49 | -34.97 | -54.39 | -84.60 |
| WACC | ||||||||||
| PV LFCF | -13.21 | -18.77 | -26.67 | -37.89 | -53.84 | |||||
| SUM PV LFCF | -150.37 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 9.46 |
| Free cash flow (t + 1) | -86.29 |
| Terminal Value | -1,156.76 |
| Present Value of Terminal Value | -736.15 |
Intrinsic Value
| Enterprise Value | -886.52 |
|---|---|
| Net Debt | -5.65 |
| Equity Value | -880.87 |
| Shares Outstanding | 11.48 |
| Equity Value Per Share | -76.75 |