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Record

Annualised comparators added at persist (cross node XN-295, XN-297; NIT-171, NIT-172), year to February 2017 -> year to February 2026; Worlds 2016/2017/2019 -> 2025/2026

Year to February 2017 -> year to February 2026; Worlds 2016/2017/2019 -> 2025/2026

EstimateOur model or estimate. Treat it as an order of magnitude.

What this is

Revenue multiple band from annualised over nine years; overstatement band from visitor_overstatement_by_window, splitting the 2016 base out because 2016 Worlds was closed to the public.

The values

  • TPC revenue growth per year % rounded: 22 to 26
  • Visitor overstatement public editions band: 1.5 to 5
  • Visitor overstatement from 2016 closed edition: 7

Some detail is too fine to show here; it is kept in the trainer’s notes.

Where it comes from

Our calculation from other figures in the trainer’s notes:

Show the working
  1. 5.93^(1/9)-1 = 0.219
  2. 8.07^(1/9)-1 = 0.261 (nine fiscal years)
  3. visitor overstatement on public editions 1.49 (2019 base) to 5.06 (2017 base) -> 1.5-5x
  4. 6.94 from 2016, a closed edition

Where it’s used