🎉 M&A multiples are live!
Check it out!

Zaggle Valuation Multiples

Discover revenue and EBITDA valuation multiples for Zaggle and similar public comparables like Xero, IODM, and Reckon.

Zaggle Overview

About Zaggle

Zaggle Prepaid Ocean Services Ltd is into spend management, with a differentiated value proposition and diversified user base. It offers a diversified portfolio of SaaS, including tax and payroll software. The company's core product portfolio includes; Propel, a SaaS platform for channel partner rewards and incentives, employee rewards and recognition; SAVE, a SaaS-based platform for employee expense management, reimbursements and benefits; and Zoyer, an integrated data driven SaaS-based procure-to-pay and utility payment platform. The company's operating segments are based on the nature of the products and services provided and include; Propel platform revenue/gift cards which derives maximum revenue, Platform fee/SaaS fee/Service fee, and Program fee.


Founded

2011

HQ

India
Employees

303

Website

zaggle.in

Financials

LTM Revenue $141M

LTM EBITDA n/a

EV

$488M

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Zaggle Financials

Zaggle has a last 12-month revenue of $141M and a last 12-month EBITDA of n/a.

In the most recent fiscal year, Zaggle achieved revenue of $90.1M and an EBITDA of $9.4M.

Zaggle expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Zaggle valuation multiples based on analyst estimates

Zaggle P&L

FY 2023 FY 2024 FY 2025 LTM NTM
Revenue $64.3M $90.1M XXX XXX XXX
Gross Profit $23.3M $22.4M XXX XXX XXX
Gross Margin 36% 25% XXX XXX XXX
EBITDA $5.3M $9.4M XXX XXX XXX
EBITDA Margin 8% 10% XXX XXX XXX
Net Profit $4.9M $2.7M XXX XXX XXX
Net Margin 8% 3% XXX XXX XXX
Net Debt $7.4M $11.8M XXX XXX XXX

Financial data powered by Morningstar, Inc.

Zaggle Stock Performance

As of April 15, 2025, Zaggle's stock price is INR 322 (or $4).

Zaggle has current market cap of INR 43.2B (or $501M), and EV of INR 42.0B (or $488M).

See Zaggle trading valuation data

Zaggle Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$488M $501M XXX XXX XXX XXX $0.11

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Sign Up

Zaggle Valuation Multiples

As of April 15, 2025, Zaggle has market cap of $501M and EV of $488M.

Zaggle's trades at 3.5x LTM EV/Revenue multiple, and n/a LTM EBITDA.

Analysts estimate Zaggle's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See valuation multiples for Zaggle and 10K+ public comps

Zaggle Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $488M XXX XXX XXX
EV/Revenue 3.8x XXX XXX XXX
EV/EBITDA n/a XXX XXX XXX
P/E 44.7x XXX XXX XXX
P/E/Growth n/a XXX XXX XXX
EV/FCF n/a XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Zaggle Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Sign Up

Zaggle Valuation Multiples

Zaggle's NTM/LTM revenue growth is 32%

Zaggle's revenue per employee for the last fiscal year averaged $0.3M, while opex per employee averaged $0.1M for the same period.

Over next 12 months, Zaggle's ratio of sales and marketing spend to revenue is estimated to be  XXX , while its R&D spend to revenue to be  XXX .

Analysts estimate Zaggle's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See operational valuation multiples for Zaggle and other 10K+ public comps

Zaggle Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth 40% XXX XXX XXX XXX
EBITDA Margin n/a XXX XXX XXX XXX
EBITDA Growth 76% XXX XXX XXX XXX
Rule of 40 (SaaS-only) n/a XXX XXX XXX XXX
Revenue per Employee $0.3M XXX XXX XXX XXX
Opex per Employee $0.1M XXX XXX XXX XXX
S&M Expenses to Revenue 4% XXX XXX XXX XXX
G&A Expenses to Revenue 1% XXX XXX XXX XXX
R&D Expenses to Revenue n/a XXX XXX XXX XXX
Opex to Revenue 37% XXX XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Zaggle Public Comps

See public comps and valuation multiples for Financial Management Software and Human Capital Management Software comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Cape Range XXX XXX XXX XXX XXX XXX
Credit Clear XXX XXX XXX XXX XXX XXX
IODM XXX XXX XXX XXX XXX XXX
Reckon XXX XXX XXX XXX XXX XXX
Xero XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Zaggle M&A and Investment Activity

Zaggle acquired  XXX companies to date.

Last acquisition by Zaggle was  XXXXXXXX, XXXXX XXXXX XXXXXX . Zaggle acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Zaggle

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Sign Up

About Zaggle

When was Zaggle founded? Zaggle was founded in 2011.
Where is Zaggle headquartered? Zaggle is headquartered in India.
How many employees does Zaggle have? As of today, Zaggle has 303 employees.
Is Zaggle publicy listed? Yes, Zaggle is a public company listed on BOM.
What is the stock symbol of Zaggle? Zaggle trades under 543985 ticker.
When did Zaggle go public? Zaggle went public in 2023.
Who are competitors of Zaggle? Similar companies to Zaggle include e.g. Cape Range, Credit Clear, IODM, Reckon.
What is the current market cap of Zaggle? Zaggle's current market cap is $501M
What is the current revenue of Zaggle? Zaggle's last 12-month revenue is $141M.
What is the current EV/Revenue multiple of Zaggle? Current revenue multiple of Zaggle is 3.5x.
What is the current revenue growth of Zaggle? Zaggle revenue growth between 2023 and 2024 was 40%.
Is Zaggle profitable? Yes, Zaggle is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.