After a 5-year hiatus, Network 10’s Shark Tank has returned to screens across Australia for its 5th edition, which ran from 28 August to 17 October 2023. Across 8 episodes, 35 brave entrepreneurs pitched their businesses for investment to a fresh panel of Sharks. Of these, 22 secured investment from one or more Sharks and 13 left with empty pockets.

Moore Australia's Corporate Finance team has analysed this season’s pitches and reveals the investment themes, dealbreakers, red flags and key learnings for Australia’s entrepreneurs.

When is Share Trading Liquid Enough for IER Valuation? 

Victorian schools, are you ready for the VRQA Financial Management Guidelines? 

Funding of Not-For-Profit Organisations is changing towards “in arrears” instead of "in advance”. For that reason, NFP’s may need to increase profits to sustain operations.

Looking at selling your business? If you think that agreeing on the business’ value is the hard part, think again.

Many owners overlook the question of the purchase price’s net working capital adjustments, let alone how much cash to leave in a business at the point of sale. These areas are not only complex but can often be a major source of tension towards completion of a business sale. So, while it’s best to ensure you have a skilled advisor on hand to help you navigate your way through, this article will help you understand some of the considerations involved before you head to market.

Channel Ten’s Shark Tank was back for a second season, aired between 8 May and 7 July 2016, and featured budding entrepreneurs pitching their business ideas to venture capital investors (the ‘Sharks’). Moore Stephens’ Victorian Corporate Advisory Team took this opportunity to once again swim with the Sharks and gain an insight into the minds of both entrepreneur and investor.

The focus of this post is on forecasts and discounted cash flows (DCF) that clients typically use to justify the carrying amount of goodwill in their books as part of testing for impairment.  My view is: before you even get to the mechanics of the DCF, ask what’s the business narrative?  

What information is important so you get the most out of your business valuation? How do we conduct our business valuations? Find out all you need to know by watching this short video.

The Moore Stephens Victoria Corporate Advisory division has responsibility for assisting clients with their financial modelling and this article focuses on the unlisted employee options component and requirements under Australian Accounting Standards.The Moore Stephens Victoria Corporate Advisory division has responsibility for assisting clients with their financial modelling and this article focuses on the unlisted employee options component and requirements under Australian Accounting Standards.

My previous article about the Moore Stephens Victoria Corporate Finance team was on work we had been doing during winter on Initial Public Offerings (IPO), reverse takeovers (RTO) and an expert witness report.  Some of that work carried over into Spring with a successful outcome for a number of those clients. 

In this article I am writing about some of the interesting work we have been doing with financial forecast modelling – primarily for financiers.  I also find this somewhat encouraging that a number of our clients are out there getting finance for expansion and new businesses.