| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| SWAG | LBRD.B | WOW | ATUS | CMLS | | GOAI | |
| NasdaqCM:SWAG | PINC:LBRD.B | NYSE:WOW | NYSE:ATUS | NasdaqGM:CMLS | | PINC:GOAI | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 22.2% | 132.4% | -2.8% | -1.7% | -5.8% | | NM- | |
| 3Y CAGR | 27.7% | 0.9% | -4.6% | -3.9% | -3.4% | | 56.0% | |
| Latest Twelve Months | 8.8% | 3.6% | -8.1% | -3.1% | -2.1% | | 83.1% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | -2.1% | -36.9% | 2.6% | 21.5% | 5.7% | | -118.3% | |
| Prior Fiscal Year | -0.6% | 7.4% | -1.2% | 20.8% | 2.8% | | -129.7% | |
| Latest Fiscal Year | -5.9% | 9.1% | 1.0% | 19.0% | 0.0% | | -39.9% | |
| Latest Twelve Months | -5.9% | 9.1% | 1.0% | 19.0% | 0.0% | | -39.9% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.03x | 1.96x | 2.17x | 2.93x | 0.89x | | 10.11x | |
| EV / LTM EBIT | -0.5x | 21.7x | 210.7x | 15.4x | 9956.1x | | -25.3x | |
| Price / LTM Sales | 0.24x | 10.89x | 0.59x | 0.12x | 0.00x | | 10.08x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.03x | 1.96x | 2.93x | | | | | |
| Historical EV / LTM Revenue | 10.11x | 30.34x | 50.56x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 6.84x | 7.20x | 7.56x | | | | | |
| (x) LTM Revenue | 9 | 9 | 9 | | | | | |
| (=) Implied Enterprise Value | 64 | 67 | 71 | | | | | |
| (-) Non-shareholder Claims * | (0) | (0) | (0) | | | | | |
| (=) Equity Value | 64 | 67 | 70 | | | | | |
| (/) Shares Outstanding | 31.3 | 31.3 | 31.3 | | | | | |
| Implied Value Range | 2.03 | 2.13 | 2.24 | | | | | |
| FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 2.03 | 2.13 | 2.24 | | 3.00 | | | |
| Upside / (Downside) | -32.4% | -28.9% | -25.3% | | | | | |