| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| DEM | INF | CLL | RFLTC | RMO | | ACT | |
| CSE:DEM | CSE:INF | CSE:CLL | BIT:RFLTC | DUSE:RMO | | CSE:ACT | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 48.8% | 19.9% | NM- | NM- | NM- | | 41.1% | |
| 3Y CAGR | 116.5% | NM- | NM- | NM- | -75.1% | | NM- | |
| Latest Twelve Months | 767.5% | 55.1% | 716.9% | 591.4% | -14.1% | | 63.9% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 68.8% | 77.1% | 86.6% | -184.6% | 67.8% | | 50.4% | |
| Prior Fiscal Year | 86.3% | 54.4% | 25.2% | -584.0% | 88.2% | | 33.7% | |
| Latest Fiscal Year | 97.6% | -101.4% | 80.6% | -1.7% | -226.8% | | 89.8% | |
| Latest Twelve Months | 97.6% | -101.4% | 80.6% | -4.6% | 78.8% | | 87.8% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | -1.12x | -11.52x | -0.28x | 0.67x | 1.43x | | -1.58x | |
| EV / LTM EBIT | -1.1x | 11.4x | -0.3x | -14.4x | 1.8x | | -1.8x | |
| Price / LTM Sales | 3.30x | 4.68x | 0.54x | 0.89x | 15.28x | | 1.51x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | -11.52x | -0.28x | 1.43x | | | | | |
| Historical EV / LTM Revenue | -1.64x | -0.63x | 6.08x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | -1.11x | -1.17x | -1.23x | | | | | |
| (x) LTM Revenue | 1 | 1 | 1 | | | | | |
| (=) Implied Enterprise Value | (1) | (1) | (1) | | | | | |
| (-) Non-shareholder Claims * | 2 | 2 | 2 | | | | | |
| (=) Equity Value | 1 | 1 | 1 | | | | | |
| (/) Shares Outstanding | 58.4 | 58.4 | 58.4 | | | | | |
| Implied Value Range | 0.02 | 0.02 | 0.02 | | | | | |
| FX Rate: EUR/EUR | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 0.02 | 0.02 | 0.02 | | 0.02 | | | |
| Upside / (Downside) | 30.9% | 27.1% | 23.2% | | | | | |