Discounted Cash Flow

Smartbird, Inc.

BIRD · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2019 $193.7m $-14.5m $-13.1m -7.5% $-0.28
2020 $219.3m (13.2%) $-25.9m (-78.0%) $-48.9m (-274.1%) -11.8% (-57.2%) $-0.49 (-75.0%)
2021 $277.5m (26.5%) $-45.4m (-75.4%) $-75.0m (-53.3%) -16.4% (-38.7%) $-0.65 (-32.7%)
2022 $297.8m (7.3%) $0 (100.0%) $-121.9m (-62.5%) 0.0% (100.0%) $-0.68 (-4.6%)
2023 $254.1m (-14.7%) $-2.8m $-2.8m (97.7%) -1.1% $-1.01 (-48.5%)
2024 $189.8m (-25.3%) $-432.0k (84.4%) $-68.0m (-2361.2%) -0.2% (79.1%) $-11.87 (-1075.2%)
2025 $152.5m (-19.7%) $0 (100.0%) $-58.2m (14.3%) 0.0% (100.0%) $-9.47 (20.2%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

No positive free cash flow in recent history — company has not generated positive FCF

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.