Model Build

Elements Talent Consultancy

We developed a forecasting model that helped quantify the equity needed & show how it could be used in several scenarios to support Elements' fund-raising aims.

Flexibility

A vital aspect of the model for investors was to understand the impact of changes in assumptions on cash generation in the business. The model was set up to analyse various upside and downside scenarios with flexibility to quickly amend or switch between scenarios.

Consolidation of a New Business Unit

The existing business would be supported by a new business unit which needed to be modelled from scratch. Through several scoping sessions and iterative testing, the new business unit was set up as a standalone entity with its own inputs and reports as well as a set of consolidated group financials.

Consistent Reporting

Reporting mirrored existing management accounts and was consistent across the business units. This allowed users of the model to efficiently navigate the model and understand where to review assumption changes made throughout the process.

Challenge

To support its equity-raising ambitions and as part of the due diligence process, our client wanted to provide a forecasting model to investors. The model would need to combine a mature existing business unit with a relatively new business unit and be simple to digest while allowing granular scenario testing.

Solution

We developed a final model that allowed the two business units of Elements to be modelled separately before producing consolidated reports. Scenarios could be set up and adjusted with ease, and management can adapt the model for use in business-as-usual planning and forecasting.

Results

The model was a vital element of a successful equity-raising process. The scenario functionality and general ease of use received positive feedback and we were able to deliver the final model in less than two weeks from the initial scoping session. The use of Numeritas modules, as well as the experience of the team, was critical in ensuring the strict deadline was met.

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