Welcome to the latest edition of the Silverpeak Benchmark report – a review of public software company valuation and operating metrics in the US and Europe.
We review median values to produce a robust industry reference benchmark. We screen US and European publicly listed software companies using the S&P Capital IQ database. Our insights and conclusions are derived from this S&P dataset, which consists of 577 companies.
Key findings:
- While growth forecasts remain conservative, global tech market valuations have improved largely as a result of easing monetary policy conditions
- The IPO market regained confidence in Q2, with five new listings in our dataset, led by the US market
- Fintech outperformed this quarter, driven by a pro-digital asset stance from the US administration and improving financial performance of the large platforms