Roli
-100%
est. 2Y upside i
Rank
#3823
Sector
Music Technology
Est. Liquidity
~2Y
Data Quality
Data: LowCommon equity is highly likely to be worthless given total funding ($89.55M) far exceeds any plausible exit value under current revenue (flat at $9.8M) and severe financial distress.
Last updated: July 3, 2026
Even with an optimistic 3x revenue multiple, exit value ($29.4M) remains below total funding ($89.55M), wiping out common equity.
Base case 1.5x multiple yields $14.7M exit, far below preference stack; common stock worthless.
Bear case 0.5x multiple gives $4.9M exit, resulting in total loss for common equity.
Preference Stack Risk
severeFunding Intensity
10000%Total funding of $89.55M matches entry valuation, meaning preferred shareholders have a 1x liquidation preference that exceeds any plausible exit value.
Dilution Risk
highGiven high cash burn and no path to profitability, a dilutive down round within 2 years is highly likely, further reducing common equity.
Secondary Liquidity
noneNo secondary market exists; no recent secondary trades or implied valuations.
Questions to Ask at the Interview
Strategic questions based on Roli's data — designed to show you've done your homework.
- 1
“How does the company plan to achieve profitability given the high burn rate and shipping delays?”
- 2
“What is the strategy to compete with big tech (Apple, Meta) and traditional instrument giants (Yamaha, Roland) on both hardware and software?”
- 3
“What is the realistic timeline for a liquidity event given the current financial state and preference stack?”
Community
Valuation Sentiment
Our model estimates -100% upside. What do you think?
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Community Discussion
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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.