Banzai International, Inc. (NASDAQ: BNZI)

Sector: Technology Industry: Software - Application CIK: 0001826011
Market Cap 4.52 Mn
P/B 0.83
P/E -0.18
P/S 0.42
ROIC (Qtr) -96.95
Div Yield % 0.00
Rev 1y % (Qtr) 163.23
Total Debt (Qtr) 14.42 Mn
Debt/Equity (Qtr) 2.65

About

Price action

Investment thesis

Bull case

  • Operating cash flow of (17.63M) fully covers other non-current liabilities (2.33M) by 7.56x, showing strong long-term stability.
  • Strong free cash flow of (17.63M) provides 6.58x coverage of acquisition spending (2.68M), indicating disciplined M&A strategy.

Bear case

  • Cash reserves of 851356 provide limited coverage of acquisition spending of (2.68M), which is -0.32x, suggesting aggressive expansion might strain liquidity if market conditions deteriorate.
  • Operating cash flow of (17.63M) provides insufficient coverage of deferred revenue obligations of 3.80M, which is -4.64x, raising concerns about future service delivery capabilities.
  • The company's operating cash flow of (17.63M) shows concerning coverage of stock compensation expenses of 2.43M, with a -7.27 ratio indicating potential earnings quality issues.
  • Operating cash flow of (17.63M) provides minimal -166.36x coverage of tax expenses of 105970, suggesting potential tax planning inefficiencies or unsustainable tax positions.
  • Operating earnings of (23.60M) show weak coverage of depreciation charges of 885599, with a -26.65 ratio indicating high capital intensity and potential reinvestment needs.

Geographical Breakdown of Revenue (2024)

Consolidation Items Breakdown of Revenue (2024)

Peer comparison

Companies in the Software - Application
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 SAP Sap Se 288.31 Bn 34.60 6.72 10.73 Bn
2 CRM Salesforce, Inc. 248.32 Bn 34.38 6.16 11.14 Bn
3 SHOP Shopify Inc. 212.27 Bn 119.19 19.85 1.12 Bn
4 INTU Intuit Inc. 180.73 Bn 43.89 9.30 6.78 Bn
5 UBER Uber Technologies, Inc 178.38 Bn 10.72 3.60 12.19 Bn
6 NOW ServiceNow, Inc. 146.98 Bn 84.91 11.60 2.40 Bn
7 ADBE Adobe Inc. 144.48 Bn 20.77 6.23 6.64 Bn
8 ADP Automatic Data Processing Inc 108.20 Bn 26.16 5.18 9.77 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 0.55 2.65
EV to Cash from Ops. EV/CFO -1.03 13.37
EV to Debt EV to Debt 1.26 57.69
EV to EBIT EV/EBIT -0.77 19.12
EV to EBITDA EV/EBITDA -1.06 15.00
EV to Free Cash Flow [EV/FCF] EV/FCF -1.03 14.69
EV to Market Cap EV to Market Cap 4.00 -92.28
EV to Revenue EV/Rev 1.68 4.60
Price to Book Value [P/B] P/B 0.83 4.26
Price to Earnings [P/E] P/E -0.18 -136.90
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Div Coverage (Qtr) 59.18 -3.95
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 4.25
Dividend per Basic Share Div per Share (Qtr) 0.00 0.15
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 2.52
Interest Coverage Int. cover (Qtr) -15.99 -52.32
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex 1y % (Qtr) 0.00 -259.78
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) -80.03 9,763.58
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 1.61
EBIAT Growth (1y) % EBIAT 1y % (Qtr) 5.63 -263.15
EBITDA Growth (1y) % EBITDA 1y % (Qtr) -35.92 56.46
EBIT Growth (1y) % EBIT 1y % (Qtr) 6.06 -225.15
EBT Growth (1y) % EBT 1y % (Qtr) 16.54 -86.10
EPS Growth (1y) % EPS 1y % (Qtr) -79.92 123.84
FCF Growth (1y) % FCF 1y % (Qtr) -1,494.38 -36.82
Gross Profit Growth (1y) % Gross Profit 1y % (Qtr) 196.07 95.08
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.33 0.58
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.02
Cash Ratio Cash Ratio (Qtr) 0.03 3.75
Current Ratio Curr Ratio (Qtr) 0.09 8.16
Debt to Equity Ratio Debt/Equity (Qtr) 2.65 0.17
Interest Cover Ratio Int Coverage (Qtr) -15.99 -52.32
Times Interest Earned Times Interest Earned (Qtr) -15.99 -52.32
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) -210.60 -100.06
EBIT Margin % EBIT Margin % (Qtr) -218.79 -164.24
EBT Margin % EBT Margin % (Qtr) -232.47 -116.94
Gross Margin % Gross Margin % (Qtr) 81.00 58.20
Net Profit Margin % Net Margin % (Qtr) -229.60 -121.65