Antoine B

Independent Financial Analyst

Sep 2025 - Present • 1 yr

• Built three-statement operating models, DCF and LBO valuations, and lender-side credit analysis on a fixed-scope, fixed-price basis for investors, boards and management teams. Delivered in native Excel, every assumption in a labelled cell with its basis stated, plus a written note a committee can read unchanged. • Produce institutional-grade equity research on listed small and mid caps, using a proprietary scoring framework covering competitive positioning, contract visibility, capital structure and dilution risk. Recent work: a twelve-layer supply-chain constraint study from roughly 75 primary-source filings; a full equity analysis of a European semiconductor company; biotech catalyst analysis using Bayesian probability. • Built two reference models as published work samples: an acquisition credit model with debt schedule, cash sweep, covenant tests and break-even, delivered with a committee memo; and a five-year SaaS operating model with scenario switch, unit economics and an investor note. • Review existing models against the conventions they claim: full recalculation under every scenario, control-row testing, and tracing each figure in the accompanying memo back to the cell producing it. Findings are graded and tied to their cell. • Designed and launched FiscalRadar.fr, a fiscal-impact simulator modelling seven French political platforms across investor profiles: Excel calculation engine plus web front end.

Financial Lead

Aug 2025 - Present • 1 yr 1 mo

Own the full financial workstream for an unattended retail venture in Panama, the only operator of its kind in the market. • Built the investment case from scratch: unit economics per installed unit, capex and payback modeling, operating cost structure, and multi-scenario revenue forecasting across site typologies. • Ran market sizing and site qualification across an 88-venue pipeline (malls, hospitality groups, event venues), scoring each on footfall, rent structure and revenue potential to sequence capital deployment. • Assessed financing routes for the rollout, comparing self-funding against equipment leasing and local debt, and sized working capital against the deployment schedule. • Negotiated site economics directly with venue operators: revenue share versus fixed rent, exclusivity terms, and contract duration against payback horizon. • Set pricing, built the commercial documentation, and run financial reporting with a local operating partner managed remotely across time zones. • Assessed a parallel deployment in Paraguay through a local trade association, and declined the market after commercial due diligence on counterparty reliability.