Newstep, Plc
How we got $308K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 99% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEWSTEP, PLC this business | $572K | — |
| His Vision For Children Tulsa | $990K | 0.0 mi |
| Timothy B. Maclin, Dpm Tulsa | $1.5M | 0.0 mi |
| LOCKHART CHIROPRACTIC CLINIC I Tulsa · 2 employees | $285K | 0.1 mi |
| ROBBINS NATURAL HEALTH PLLC Tulsa · 5 employees | $858K | 0.1 mi |
| Dr. Kacy Henley Tulsa | $990K | 0.2 mi |
| Vision Source Tulsa Tulsa | $990K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $689K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $365K |
| Estimate: the two combined (geometric mean) | $572K |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $123K |
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 | $308K |
| Multiple for this size and industry | 2.5× |
| Value range | $162K – $421K |
| Revenue range | $376K – $652K |
| EBITDA range | $81K – $140K |
| Industry (NAICS) | Offices of Podiatrists (621391) |
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
- BankingFirst Oklahoma 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 Roles are as stated there and may be out of date.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
| First Oklahoma Bank 7(a) 2022, PPP 2020 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $13K | 3 |
Public records
| Jan 2022 | 7(a) | $1.3M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Newstep, Plc
Newstep, Plc is an offices of podiatrists company in Tulsa, Oklahoma. Its estimated annual revenue is about $572K, with roughly $123K of EBITDA. It has about 3 employees. Its estimated business value is $308K (likely range $162K–$421K).
Common questions
- Who owns Newstep, Plc?
- The owner of Newstep, Plc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Newstep, Plc make?
- SeeBITDA estimates Newstep, Plc's annual revenue at about $572K (likely between $376K and $652K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Newstep, Plc worth?
- About $308K, roughly 2.5× its estimated EBITDA of $123K, typical for a offices of podiatrists company its size. Likely range: $162K–$421K.
- How many employees does Newstep, Plc have?
- About 3, as reported on its PPP loan.