| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| GEG | CTLP | CPAY | RKT | NATL | | AZG2 | |
| NasdaqGS:GEG | NasdaqGS:CTLP | NYSE:CPAY | NYSE:RKT | NYSE:NATL | | DB:AZG2 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | -19.0% | 13.2% | 8.5% | 0.8% | NM- | | 61.2% | |
| 3Y CAGR | -33.6% | 17.2% | 11.9% | -25.6% | 6.7% | | 11.6% | |
| Latest Twelve Months | 73.7% | 12.9% | 5.8% | 35.2% | 3.0% | | -2.2% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | -67.5% | -3.9% | 43.9% | 29.6% | 9.0% | | -48.8% | |
| Prior Fiscal Year | -129.4% | 1.6% | 44.1% | -1.1% | 9.8% | | 16.3% | |
| Latest Fiscal Year | -43.9% | 5.7% | 44.2% | 21.0% | 12.6% | | -24.0% | |
| Latest Twelve Months | -39.9% | 6.8% | 44.2% | 21.0% | 12.6% | | -24.0% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.87x | 2.06x | 7.04x | 4.19x | 1.04x | | 0.88x | |
| EV / LTM EBIT | -2.2x | 30.4x | 15.9x | 20.0x | 8.2x | | -3.7x | |
| Price / LTM Sales | 2.80x | 1.99x | 5.40x | 4.39x | 0.41x | | 2.29x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.87x | 2.06x | 7.04x | | | | | |
| Historical EV / LTM Revenue | -4.71x | -0.80x | 1.70x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 0.86x | 0.91x | 0.95x | | | | | |
| (x) LTM Revenue | 122 | 122 | 122 | | | | | |
| (=) Implied Enterprise Value | 105 | 111 | 117 | | | | | |
| (-) Non-shareholder Claims * | 172 | 172 | 172 | | | | | |
| (=) Equity Value | 277 | 283 | 288 | | | | | |
| (/) Shares Outstanding | 96.1 | 96.1 | 96.1 | | | | | |
| Implied Value Range | 2.88 | 2.94 | 3.00 | | | | | |
| FX Rate: USD/EUR | 1.1 | 1.1 | 1.1 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 2.54 | 2.59 | 2.64 | | 2.48 | | | |
| Upside / (Downside) | 2.5% | 4.6% | 6.6% | | | | | |