Software Equity Group 2023 Annual SaaS Report

Median valuations declined 54% from 2021

The Software Equity Group (SEG) regularly publishes quantitative research on the software and SaaS market M&A activity. The SEG SaaS Index contains dozens of publicly traded SaaS companies. They recently published their SEG 2023 Annual SaaS Report. It provides a ton of data on SaaS valuations and financial operating metrics. The impact of the market downturn can be clearly seen across all categories of SaaS.

I have extracted a few key data points including:

• SEG SaaS Index: YTD Stock Market Performance
• SEG SaaS Index: Public Market Multiples
• TTM Revenue Growth Rate Distribution
• SEG SaaS Index: Public Market Multiples Monthly TTM
• SEG SaaS Index: Financial Performance
• Select Companies by Weighted Rule of 40%
• Median TTM Revenue Growth by SaaS Category
• Median EV/TTM Revenue Multiple by SaaS Category
• SEG SaaS Index: Top 20 By EV/TTM Revenue
• SEG SaaS Index: Bottom 20 By EV/TTM Revenue
• M&A Volume: Overall Software Industry
• SaaS M&A Highlights: Deal Volume