Amplitude, Inc.

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $29.44M TTM normalized FCF base; 20% annual FCF growth for years 1-5 (reflecting margin expansion on top of ~18% revenue growth), 8% for years 6-10; 11% discount rate; 4% terminal growth; $151.68M net cash added; 131.6M shares outstanding.

Reasoning: Amplitude is a growth-stage SaaS analytics company that is GAAP-unprofitable but already free-cash-flow positive and improving, so an unlevered FCF DCF with growth assumptions tied to its ARR trajectory and a discount rate reflecting execution risk is the most appropriate method; net cash is added given its debt-light balance sheet.