Altum Trading Company, LLC
How we got $2.0M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Altum Trading Company, LLC provides aerospace training and simulation products and services to industry partners and warfighters, supporting DoD and commercial customers.
From the company's website. Industry: Flight Training.
Customers & suppliers
Customers
- Black Sage Counter-Unmanned Aircraft System training · named on its website
Estimated value over time
▲ 25% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ALTUM TRADING COMPANY, LLC this business | $2.8M | — |
| CLASSY BUT SASSY, INC. Edmond · 1 employees | $194K | 1.1 mi |
| INTEGRATED MASSAGE THERAPY COLLEGE LLC (IMTC) Edmond · 8 employees | $1.3M | 1.1 mi |
| TIP TOP NAILS LLC Edmond · 1 employees | $215K | 2.4 mi |
| ROC SOLID STRENGHT & CONDITIONING LLC Edmond · 1 employees | $188K | 3.0 mi |
| ONE GREATNESS FITNESS, LLC. Edmond · 1 employees | $281K | 3.9 mi |
| CENTRAL STATE BEAUTY ACADEMY INC Oklahoma City · 39 employees | $8.0M | 4.7 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $525K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $2.0M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.1M – $2.8M |
| Revenue range | $1.8M – $3.2M |
| EBITDA range | $345K – $599K |
| Industry (NAICS) | Flight Training (611512) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $96K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Altum Trading Company, LLC
Altum Trading Company, LLC is a flight training company in Edmond, Oklahoma, in business since 2017. It is owned by Allison Ridley (Chief Executive Officer). Its estimated annual revenue is about $2.8M, with roughly $525K of EBITDA. It has about 10 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns Altum Trading Company, LLC?
- Altum Trading Company, LLC is owned by Allison Ridley (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Altum Trading Company, LLC make?
- SeeBITDA estimates Altum Trading Company, LLC's annual revenue at about $2.8M (likely between $1.8M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Altum Trading Company, LLC worth?
- About $2.0M, roughly 3.9× its estimated EBITDA of $525K, typical for a flight training company its size. Likely range: $1.1M–$2.8M.
- How many employees does Altum Trading Company, LLC have?
- About 10, as reported on its PPP loan.
- When was Altum Trading Company, LLC founded?
- Altum Trading Company, LLC has been in business since 2017.