Where does the benchmarking data come from?

Industry benchmark data used in our platform is sourced from multiple locations.

Industry benchmark data used in our platform (for the purposes of performing a valuation or shown in key metrics) may come from a number of sources, primarily from Statistics Canada (for Canadian businesses) or IBISWorld (for US businesses or to help supplement non-statistically significant Canadian business data).

In addition, we supplement this data using widely-respected sources (e.g. Professor Damodoran) to ensure our valuation algorithm is finely tuned.