LLT Connector
Pre-IPO Financial Information
Confidential Document - For Potential Investors Only
Pre-IPO Financial Information
Confidential Document - For Potential Investors Only
Peak Annual Revenue (2022)
Revenue Growth (2021-2022)
Projected 2024 Revenue
CAGR (2019-2024)
After rapid growth from 2019-2022, LLT Connector experienced market challenges in 2023 but is showing strong recovery in 2024 with projected revenues of ¥575 million, demonstrating resilience and adaptability in changing market conditions.
| Year | Revenue (¥ Million) | Growth Rate |
|---|---|---|
| 2019 | 120.35 | - |
| 2020 | 198.72 | +65.12% |
| 2021 | 376.48 | +89.45% |
| 2022 | 675.23 | +79.35% |
| 2023 | 320.67 | -52.51% |
| 2024 (Projected) | 575.42 | +79.44% |
| Quarter | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Q1 | 25.32 | 42.18 | 87.54 | 162.37 | 98.42 | 128.75 |
| Q2 | 28.17 | 46.72 | 93.26 | 178.49 | 85.36 | 142.31 |
| Q3 | 32.45 | 53.85 | 96.78 | 172.21 | 72.18 | 149.83 |
| Q4 | 34.41 | 55.97 | 98.90 | 162.16 | 64.71 | 154.53* |
* Projected
| Month | Revenue (¥ Million) |
|---|---|
| January | 33.82 |
| February | 30.64 |
| March | 33.96 |
| April | 29.78 |
| May | 27.45 |
| June | 28.13 |
| July | 25.65 |
| August | 23.91 |
| September | 22.62 |
| October | 21.76 |
| November | 20.25 |
| December | 22.70 |
| Month | Revenue (¥ Million) |
|---|---|
| January | 38.75 |
| February | 42.32 |
| March | 47.68 |
| April | 45.76 |
| May | 47.23 |
| June | 49.32 |
| July | 48.54 |
| August | 50.17 |
| September | 51.12 |
| October | 50.68* |
| November | 51.35* |
| December | 52.50* |
* Projected
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (Est.) |
|---|---|---|---|---|---|---|
| Gross Margin | 42.5% | 45.7% | 48.3% | 51.2% | 47.8% | 49.5% |
| Operating Margin | 12.3% | 15.8% | 21.4% | 28.7% | 17.2% | 24.3% |
| Net Profit Margin | 8.5% | 11.2% | 16.7% | 22.4% | 12.8% | 18.5% |
| R&D (% of Revenue) | 15.2% | 17.5% | 18.3% | 16.8% | 21.5% | 19.2% |
| KPI | 2023 | 2024 (Est.) |
|---|---|---|
| Customer Acquisition Cost | ¥48,750 | ¥45,320 |
| Customer Lifetime Value | ¥352,480 | ¥396,750 |
| LTV/CAC Ratio | 7.23 | 8.75 |
| Active Enterprise Clients | 1,874 | 2,342 |
| Annual Recurring Revenue | ¥268.5M | ¥483.6M |
| Net Revenue Retention | 94% | 112% |
| Item | Amount (¥ Million) |
|---|---|
| Cash and Cash Equivalents | 382.45 |
| Total Assets | 943.78 |
| Total Debt | 124.52 |
| Shareholders' Equity | 624.37 |
| Debt-to-Equity Ratio | 0.20 |
| Quick Ratio | 2.83 |
LLT Connector has demonstrated strong financial resilience and growth, positioning the company well for a potential IPO. The company's return to growth trajectory in 2024, combined with healthy profit margins and balance sheet, suggests market readiness. Current valuation models estimate a market capitalization between ¥6.5-7.8 billion at IPO, representing approximately 11-13x forward revenue multiple.