Sample deliverable · 34 pages

Read a QoE report before you commission one

A complete, illustrative sample of the actual deliverable — a fictional company, the real structure: the adjustment schedule, revenue and margin analysis, a thirty-month proof of cash, and net working capital, presented the way buyers, sellers, and lenders receive them.

Most owners commission a Quality of Earnings analysis exactly once, sight unseen. This sample shows what you’re buying: how findings are presented, how every adjustment is supported, and how the analysis converts into negotiating positions — so you can judge the deliverable before a transaction depends on it.

Inside the sample

  • Executive summary. Engagement overview, summary of findings, and Adjusted EBITDA.
  • Business overview. History, service lines, footprint, and organization.
  • Quality of earnings. Reported to Adjusted EBITDA — itemized adjustments, quarterly trend, and pro forma considerations.
  • Revenue, margins, and cost structure. Service lines, recurring revenue, retention, customers, margins, project detail, expenses, and headcount.
  • Proof of cash. Recorded revenue reconciled to bank activity across thirty months.
  • Net working capital. Monthly trend, components, target considerations, and receivables aging.
  • Debt, balance sheet, and other matters. Debt and debt-like items, capital expenditures, tax and employee matters.
  • Appendix. TTM monthly income statement and a glossary of terms.

The sample is illustrative of a fictional company; all figures are illustrative. A full engagement deliverable includes the complete supporting databook.

Get the sample report

Enter your details and we’ll take you straight to it. No obligation.

We use your details to reply to you and nothing else. How we handle your information.