IMMO
+66%
est. 2Y upside i
Stage: exit. Country: UK
Rank
#984
Sector
PropTech
Est. Liquidity
~4Y
Data Quality
Data: LowIMMO offers a 66% expected upside over 2 years, driven by strong growth and profitability.
Last updated: July 3, 2026
IPO window opens and IMMO emerges as a category leader in tech-enabled real estate; multiple expands to 10x projected revenue of $683M, yielding a $6.83B exit — a 200% return from the $2.28B entry.
Multiple converges toward public comps at 5x revenue due to slower growth but maintained profitability; exit value of $3.42B yields a 50% return.
Incumbent threat from Blackstone and others compresses multiple to 3x, exit value of $2.05B; after redeeming $91.3M preferred, common stock declines ~14% from entry.
Preference Stack Risk
lowFunding Intensity
24%Total funding of $91.3M is only 4% of entry valuation, so preferred stack is minimal and unlikely to dilute common in an exit above $91M.
Dilution Risk
lowProfitable operations suggest no near-term funding need; any future raise would likely be growth capital with moderate dilution.
Secondary Liquidity
noneNo secondary market data available; shares are illiquid until a liquidity event.
Questions to Ask at the Interview
Strategic questions based on IMMO's data — designed to show you've done your homework.
- 1
“How will IMMO differentiate from Blackstone and other large asset managers entering the single-family rental space?”
- 2
“What is the unit economics of an average property deal, including acquisition, renovation, and management fees?”
- 3
“What is the expected timeline to liquidity, and what are the triggers for an IPO or acquisition?”
Community
Valuation Sentiment
Our model estimates +66% upside. What do you think?
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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.