analyticsFintech / Vertical SaaS
Data as of Q1 2024
Summary Verdict
MODN: 0—VEEV: 5wins
Rule of 40
5.8MODN
105.9VEEV
check_circleVEEV leads
Revenue Growth
16.3%MODN
18.1%VEEV
check_circleVEEV leads
Gross Margin
57%MODN
76%VEEV
check_circleVEEV leads
FCF Margin
-10.5%MODN
87.8%VEEV
check_circleVEEV leads
Operating Margin
-2.1%MODN
29.1%VEEV
check_circleVEEV leads
NRR
—MODN
—VEEV
Metric
Rule of 40Efficiency score
MODN
5.8
VEEV
105.9check_circle
Revenue GrowthYoY
MODN
16.3%
VEEV
18.1%check_circle
Gross Margin% of revenue
MODN
57%
VEEV
76%check_circle
FCF MarginFree cash flow
MODN
-10.5%
VEEV
87.8%check_circle
Operating MarginGAAP
MODN
-2.1%
VEEV
29.1%check_circle
NRRNet retention
MODN
N/A
VEEV
N/A
EV / RevenueValuation multiple
MODN
4.4xcheck_circle
VEEV
8.3x
Market CapUSD
MODN
$1.2B
VEEV
$28.2Bcheck_circle
ARR GrowthYoY
MODN
N/A
VEEV
N/A
CAC PaybackMonths to recover
MODN
N/A
VEEV
N/A
Advertisement
insights
Analysis
As of Q1 2024, Model N, Inc. trades at 4.4x EV/Revenue versus Veeva Systems Inc. at 8.3x. On the Rule of 40, Model N, Inc. scores 5.8 compared to Veeva Systems Inc.'s 105.9, placing Veeva Systems Inc. ahead in operating efficiency. Gross margins stand at Model N, Inc. 57% vs Veeva Systems Inc. 76%.