Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Overview CORA Limited is a digital health platform providing health services including tracking health records, booking appointments with doctors, video consultation with specialist doctors, pathology

image text in transcribedimage text in transcribedimage text in transcribed

Overview CORA Limited is a digital health platform providing health services including tracking health records, booking appointments with doctors, video consultation with specialist doctors, pathology sample collection from doorsteps, medicine delivery etc. The company is based in Bangladesh and started its operation in 2020. The management of CORA is highly qualified and experienced in the health sector. The total number of employees in CORA is 35. At present, they arepartners with more than 125 hospitals and diagnostic centers in 30 districts. There are 2,000 doctors available in the platform. Till now, they have served 60,000 customers who used the platform to get healthcare services. CORA's revenue model is currently based on subscription fees of the mentioned services. In the next 3 years, CORA wants to increase the number of their partners, doctors and customers in a large scale covering the whole country. For that, CORA wants to raise USD 250,000 to escalate the growth of the company and wants to offer 10% of their equity in exchange of the fund. The fund will be utilized for marketing/branding, customer acquisition, application development and all general working capital requirements of CORA. CORA Limited Cash Flow Statement for the year ended June 30, 2022 (The numbers are in million) Page 2 of 3 Questions 1. Prepare a DCF based valuation of the company with Forecasting the financials for the next 3 years justifying your assumptions and calculate Terminal Value, NPV, IRR and ROI. State your assumptions for the discount rate and growth rate for the DCF valuation and Provide a decision on whether to invest in CORA or not? Overview CORA Limited is a digital health platform providing health services including tracking health records, booking appointments with doctors, video consultation with specialist doctors, pathology sample collection from doorsteps, medicine delivery etc. The company is based in Bangladesh and started its operation in 2020. The management of CORA is highly qualified and experienced in the health sector. The total number of employees in CORA is 35. At present, they arepartners with more than 125 hospitals and diagnostic centers in 30 districts. There are 2,000 doctors available in the platform. Till now, they have served 60,000 customers who used the platform to get healthcare services. CORA's revenue model is currently based on subscription fees of the mentioned services. In the next 3 years, CORA wants to increase the number of their partners, doctors and customers in a large scale covering the whole country. For that, CORA wants to raise USD 250,000 to escalate the growth of the company and wants to offer 10% of their equity in exchange of the fund. The fund will be utilized for marketing/branding, customer acquisition, application development and all general working capital requirements of CORA. CORA Limited Cash Flow Statement for the year ended June 30, 2022 (The numbers are in million) Page 2 of 3 Questions 1. Prepare a DCF based valuation of the company with Forecasting the financials for the next 3 years justifying your assumptions and calculate Terminal Value, NPV, IRR and ROI. State your assumptions for the discount rate and growth rate for the DCF valuation and Provide a decision on whether to invest in CORA or not

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Capital Markets Institutions And Instruments

Authors: Frank J. Fabozzi, Franco Modigliani

2nd Edition

0133001873, 978133001877

More Books

Students also viewed these Finance questions