Insights

Insights: from practice, not from the textbook

Texts about what usually goes wrong in valuations, cash ledgers and reporting – with numbers and examples, without client names.

EBITDA normalisation before a sale
A table of adjustments: justified, debatable, unjustified – with a worked example.
2026-09-15
AI in corporate finance
A table: automated / never delegated / human-checked. Three examples from deployments.
2026-09-15
Positive EBITDA but no cash
From EBITDA to cash step by step, with the example of a company that grows and loses liquidity.
2026-09-15
Local language models in finance
Cloud or your own server: a decision about data, not fashion. A comparison table and three uses.
2026-09-15
Business valuation methods
DCF 22.7, multiple 20.4, assets 9.35m: how to turn three numbers into one valuation.
2026-10-24
Company financial analysis
Fourteen ratios in five groups and the one number that spoils a good picture.
2026-10-24
Management report example
Five blocks, one decision and a sample month in the model company.
2026-10-24
Profitability analysis
Two levels of analysis: company-wide ratios and segment accounts with second-level margin.
2026-10-24

Let’s talk about your situation

Write a few sentences about the company and the problem. I reply within one working day and the first conversation is free.

With your consent I will enable Google Analytics (a cookie for 2 years) to see what is read. Without consent nothing goes to Google. Details in the legal notice.