Proprietary AI analyst is now available

Innovation Valuation Multiples

Discover Innovation's revenue and EBITDA valuation multiples, acquisitions, and investment history.

Innovation Overview

About Innovation

Innovation Inc provides information technology services. Its services divided into three categories; online media services, marketing automation services, online negotiation service. Its products include online media services and cloud services.


Founded

2000

HQ

Japan

Employees

85

Financials (LTM)

Revenue: $44M
Net Income: ($3M)

EV

$7M

Valuation Multiples

Start free trial

Valuation Multiples for 15K+ Public Comps

AdidasAirbnbAmazonCiscoCoca-ColaDellDropboxIBMIntelMcDonaldsNikeNVIDIASamsungSpotifyTeslaToyota
Browse Valuation Multiples

Innovation Financials

Innovation reported last 12-month revenue of $44M.

In the same LTM period, Innovation generated had net loss of ($3M).


Innovation P&L

In the most recent fiscal year, Innovation reported revenue of $33M and EBITDA of $2M.

Innovation is profitable as of last fiscal year, with gross margin of 43%, EBITDA margin of 7%, and net margin of 1%.

See analyst estimates for Innovation
LTMLast FY202320242025202620272028
Revenue$44M$33M$30M$33M$41M
Gross Profit-$14M$13M$14M$14M
Gross Margin-43%43%43%35%
EBITDA-$2M$3M$3M$2M
EBITDA Margin-7%9%8%6%
EBIT Margin(4%)7%8%7%(2%)
Net Profit($3M)$421K$1M$697K($2M)
Net Margin(7%)1%4%2%(5%)

Financial data powered by Morningstar, Inc.

Innovation Stock Performance

Innovation has current market cap of $13M, and enterprise value of $7M.


Innovation's stock price is $4.78.

Innovation has an EPS (earnings per share) of $0.16.

See more trading valuation data for Innovation
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$7M$13M-3.6%---$0.16

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.

Start Free Trial

Innovation Valuation Multiples

Innovation trades at 0.1x EV/Revenue multiple, and 2.7x EV/EBITDA.

See NTM and 2027E valuation multiples for Innovation

Innovation Financial Valuation Multiples

As of June 17, 2026, Innovation has market cap of $13M and EV of $7M.

Innovation has a P/E ratio of (4.4x).

LTMLast FY202320242025202620272028
EV/Revenue0.1x0.2x0.2x0.2x0.2x
EV/EBITDA-2.7x2.4x2.6x2.7x
EV/EBIT(4.2x)3.0x2.7x2.9x(10.4x)
EV/Gross Profit-0.5x0.5x0.5x0.5x
P/E(4.4x)30.5x10.3x18.4x(6.2x)
EV/FCF-(28.2x)5.1x25.6x(28.2x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Innovation Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

FactSetMorningstar
Start Free Trial

Innovation Margins & Growth Rates

Innovation grew revenue by 33% but net profit decreased by 788% in the last fiscal year.

In the most recent fiscal year, Innovation reported gross margin of 43%, EBITDA margin of 7%, and net margin of 1%.

See estimated margins and future growth rates for Innovation

Innovation Margins

Last FY202420252026202720282029
Gross Margin43%43%35%-
EBITDA Margin7%8%6%-
EBIT Margin7%7%(2%)(4%)
Net Margin1%2%(5%)(7%)
FCF Margin(1%)1%(1%)-

Innovation Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth33%10%28%7%
Gross Profit Growth-9%3%-
EBITDA Growth-(5%)(7%)-
EBIT Growth(172%)(6%)(128%)149%
Net Profit Growth(788%)(44%)(397%)40%
FCF Growth-(80%)(191%)-

Data powered by FactSet, Inc. and Morningstar, Inc.

Innovation Operational KPIs

Innovation's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.

Access forward-looking KPIs for Innovation
Last FY202320242025202620272028
Revenue per Employee$0.4M---
Opex per Employee$0.1M---
Opex to Revenue37%35%36%29%

Data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

Innovation Competitors

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E

This data is available for Pro users. Sign up to see all Innovation competitors and their valuation data.

Start Free Trial

Acquisitions by Innovation

Innovation has acquired 1 company to date.

Last acquisition by Innovation was on June 21st 2019. Innovation acquired Cocripo for undisclosed valuation.

See M&A valuation multiples

Latest Acquisitions by Innovation

Cocripo
Description
Cocripo is a Japanese provider of webinar software that lowers costs for hosting interactive online events with features including live polling, audience chat, screen sharing, and breakout sessions. The platform caters to businesses, educators, and event organizers seeking scalable virtual conferencing.
HQ CountryJapan
HQ City
Tokyo
Deal Date21 Jun 2019
Valuationundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Innovation acquisitions and their M&A valuation multiples.

Start Free Trial

Investments by Innovation

Innovation has invested in 1 company to date.

Latest investment by Innovation was on June 10th 2026. Innovation invested in A*QUANTUM in their Undisclosed stage round.

See VC round multiples

Latest Investments by Innovation

A*QUANTUM
Description
A*QUANTUM is a Tokyo-based software developer creating quantum computing applications for optimization in logistics, finance, and drug discovery. The firm integrates with IBM Quantum and D-Wave systems to solve combinatorial problems. A*QUANTUM serves Japanese enterprises like Mitsubishi and Sony with hybrid quantum-classical algorithms.
HQ CountryJapan
HQ City
Tokyo
Deal Date10 Jun 2026
RoundUndisclosed stage
Raisedundisclosed
InvestorsInnovation
Valuationundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Innovation investments and their VC round multiples.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

About Innovation

When was Innovation founded?Innovation was founded in 2000.
Where is Innovation headquartered?Innovation is headquartered in Japan.
How many employees does Innovation have?As of today, Innovation has over 85 employees.
Is Innovation publicly listed?Yes, Innovation is a public company listed on Tokyo Stock Exchange.
What is the stock symbol of Innovation?Innovation trades under 3970 ticker.
When did Innovation go public?Innovation went public in 2016.
Who are competitors of Innovation?Innovation main competitors include
What is the current market cap of Innovation?Innovation's current market cap is $13M.
What is the current revenue of Innovation?Innovation's last 12 months revenue is $44M.
What is the current revenue growth of Innovation?Innovation revenue growth (vs. last FY) is 33%.
What is the current EV/Revenue multiple of Innovation?Current revenue multiple of Innovation is 0.1x.
Is Innovation profitable?No, Innovation is not profitable.
What is the current net income of Innovation?Innovation's last 12 months net income is ($3M).
How many companies Innovation has acquired to date?As of June 2026, Innovation has acquired 1 company.
What was the largest acquisition by Innovation?None of the M&A deals Innovation has completed have disclosed valuations.
What companies Innovation acquired?Innovation acquired Cocripo.
In how many companies Innovation has invested to date?As of June 2026, Innovation has invested in 1 company.
What was the last Innovation investment?On 10th June 2026 Innovation invested in A*QUANTUM, participating in a Undisclosed stage round.
In what companies Innovation invested in?Innovation invested in A*QUANTUM.

Lists including Innovation

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial