SeeBITDAOklahoma

Immuno-Mycologics, Inc.

Pharmaceutical Preparation Manufacturing
Federal contractor
Estimated valueMedium confidence
$64.7M
$34.1Mlikely range$88.5M
About 9.8× its yearly profit, typical for a company this size in its industry.
Revenue
$62.4M
a year
Profit (EBITDA)
$6.6M
11% of revenue
Employees
82
reported in 2020
Leadership
Scott Bauman
Founder, Chief Operating Officer & Owner · source
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $64.7M

Based on its 82 employees and its payroll, both reported for PPP in 2020 and brought up to date.

82 employees × $805K each$66.0M
PPP payroll ÷ payroll's usual share of revenue$45.4M
Shown toward the top of its range×1.14
Revenue$62.4M
× 11% profit margin$6.6M
× 9.8 sale multiple = value$64.7M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2021
No reported financials
No website found
Owner named
Federal contracts

Customers & suppliers

Customers

  • National Institutes of Health · federal contracts $1.4M
  • Department of Veterans Affairs · federal contracts $968K
  • Department of the Navy · federal contracts $20K

Estimated value over time

▲ 5% since 2020
$0$37.2M$74.4M202020212026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 4% since 2020
050100202020218279
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan82$76.4M$8.1M
2020Form 550075$69.9M$7.4M
2021Form 550079$73.6M$7.8M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
IMMUNO-MYCOLOGICS, INC.
this business
$62.4M$6.6M—
AVARA PHARMACEUTICAL SERVICES, INC.
Norman
$110.7M$10.3M3.0 mi
HOME CARE PHARMACY, INC.
Oklahoma City · 1 employees
$1.2M$192K12.0 mi
AMERI-KAL LLC
Oklahoma City · 16 employees
$9.8M$1.1M15.6 mi
PRIVATE LABEL SUPPLEMENTS, LLC
Oklahoma City · 35 employees
$15.0M$1.7M15.6 mi
ULTRA BOTANICA LLC
Oklahoma City · 15 employees
$4.9M$629K17.0 mi
QUALITY SUPPLEMENT MANUFACTURING INC
Bethany · 51 employees
$23.0M$2.4M21.1 mi

The full calculation

Employees reported to the SBA82
Revenue from headcount (employees × revenue per employee for companies this size)$66.0M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$45.4M
Estimate: the two combined (geometric mean)$62.4M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$6.6M

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$64.7M
Multiple for this size and industry9.8×
Value range$34.1M – $88.5M
Revenue range$41.1M – $71.2M
EBITDA range$4.3M – $7.5M
Industry (NAICS)Pharmaceutical Preparation Manufacturing (325412)

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

  • BankingArmstrong BankPPP / 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

Armstrong Bank
PPP 2020
All 1,355 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$1.0M$1.0M82Armstrong Bank

Public records

Federal contracts
Small business
Total, recent years$2.4M
FY2026$171K
FY2025$293K
FY2024$264K
FY2023$61K

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Immuno-Mycologics, Inc.

Immuno-Mycologics, Inc. is a pharmaceutical preparation manufacturing company in Norman, Oklahoma. It is owned by Scott Bauman (Founder, Chief Operating Officer & Owner). Its estimated annual revenue is about $62.4M, with roughly $6.6M of EBITDA. It has about 79 employees. Its estimated business value is $64.7M (likely range $34.1M–$88.5M).

Common questions

Who owns Immuno-Mycologics, Inc.?
Immuno-Mycologics, Inc. is owned by Scott Bauman (Founder, Chief Operating Officer & Owner), according to public sources such as the company's website or filings.
How much revenue does Immuno-Mycologics, Inc. make?
SeeBITDA estimates Immuno-Mycologics, Inc.'s annual revenue at about $62.4M (likely between $41.1M and $71.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Immuno-Mycologics, Inc. worth?
About $64.7M, roughly 9.8× its estimated EBITDA of $6.6M, typical for a pharmaceutical preparation manufacturing company its size. Likely range: $34.1M–$88.5M.
How many employees does Immuno-Mycologics, Inc. have?
About 79, from its 2021 retirement-plan filing.