Bitcoin Crypto Currency Exchange Corporation Financial Ratios — ARSC

Profitability (USD)

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
Return on Common Equity (%)	- -	-108.29	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-21.79	-45.65	-154.86	-179.04	-32,486.79	-3,395.02	-5,448.75	-381.82	-302.71	-1,508.68	-4,489.97
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	39.41	32.34	20.47	88.41	100	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	20.76	-7.25	-45.66	-1,301.59	-334.19	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	20.22	-8.79	-52.84	-1,407.85	-334.19	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	395,092.61	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	20.22	-10.64	-54.41	-1,486.3	-318.58	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	12.25	-7.74	-40.69	-1,486.3	-318.58	- -	- -	- -	- -	- -	- -	- -
Net Income to Common Margin (%)	12.25	-7.74	-40.69	-1,486.3	-318.58	- -	- -	- -	- -	- -	- -	- -
Effective Tax Rate (%)	39.39	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	-108.29	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

API Chat

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBITDA	- -	-0.51	-0.31	- -	- -	- -	- -	- -	-0.04	-0.13	-0.02	-0.32
Net Debt/EBITDA	-0.24	0.78	-0.31	- -	0.01	- -	- -	- -	-0.04	-0.12	-0.01	-0.32
Total Debt/EBIT	- -	-0.42	-0.26	- -	- -	- -	- -	- -	-0.04	-0.13	-0.01	-0.24
Net Debt/EBIT	-0.24	0.64	-0.26	- -	0.01	- -	- -	- -	-0.04	-0.12	-0.01	-0.24
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	-20.85	-8.88	-1.54
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	-22.76	-8.88	-1.54
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	-21.2	-9.43	-2.06
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
Common Equity/Total Assets	23.87	13.17	-32.78	- -	-3,105.4	-19,532.82	-20,632.31	-29,783.92	-2,137.37	-18,986.78	-33,784.29	-41,985.91
Long-Term Debt/Equity (%)	- -	23.76	89	- -	- -	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	51.61	-85.99	- -	- -	- -	- -	- -	-0.35	- -	- -	- -
Long-Term Debt/Total Assets (%)	- -	14.43	14.49	- -	- -	- -	- -	- -	7.4	- -	- -	- -
Total Debt/Equity (%)	- -	24.34	97.9	-0.55	- -	- -	- -	-7.38	-21.76	-23.15	-1.93	-20.18
Total Debt/Capital (%)	- -	52.88	-94.58	-0.14	- -	- -	- -	-0.05	-0.4	-0.76	-0.12	-3.78
Total Debt/Total Assets (%)	- -	14.78	15.93	- -	- -	- -	- -	13.79	8.59	143.96	41.97	1,529.73
Net Debt to Equity	-28.32	-37.47	97.52	-0.55	0.13	-42.36	-8.04	-4.97	-20.33	-21.69	-1.21	-20.12
Net Debt/Capital (%)	-128.94	249	-94.22	-0.14	0.03	0.13	0.03	-0.03	-0.38	-0.72	-0.08	-3.77
EBITDA	1	- -	- -	- -	- -	-28	-5	-8	-4	-3	-2	-1
EBITDA-CapEx	1	- -	-1	- -	- -	-28	-5	-8	-5	-3	-2	-1
Operating Income (Loss)	1	- -	- -	-1	- -	-28	-5	-8	-5	-3	-2	-2

Liquidity (USD)

API Chat

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
Cash Ratio	0.26	1.49	- -	- -	- -	0.65	0.45	0.02	0.01	0.01	0.01	- -
Current Ratio	1.85	3.17	0.63	- -	0.12	2.36	6.05	0.03	0.01	0.09	0.01	- -
Quick Ratio	1.6	2.58	0.53	- -	- -	2.36	0.45	0.02	0.01	0.02	0.01	- -
CFO/Avg Current Liab	- -	0.27	0.12	-0.11	-0.09	-1.45	-4.65	-8.55	-1.58	-0.7	-0.09	-0.03
Common Equity/Total Assets	23.87	13.17	-32.78	- -	-3,105.4	-19,532.82	-20,632.31	-29,783.92	-2,137.37	-18,986.78	-33,784.29	-41,985.91
Long-Term Debt/Equity (%)	- -	23.76	89	- -	- -	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	51.61	-85.99	- -	- -	- -	- -	- -	-0.35	- -	- -	- -
Long-Term Debt/Total Assets (%)	- -	14.43	14.49	- -	- -	- -	- -	- -	7.4	- -	- -	- -
Total Debt/Equity (%)	- -	24.34	97.9	-0.55	- -	- -	- -	-7.38	-21.76	-23.15	-1.93	-20.18
Total Debt/Capital (%)	- -	52.88	-94.58	-0.14	- -	- -	- -	-0.05	-0.4	-0.76	-0.12	-3.78
Total Debt/Total Assets (%)	- -	14.78	15.93	- -	- -	- -	- -	13.79	8.59	143.96	41.97	1,529.73
CFO/Total Liabilities	-0.21	41.36	6.62	-19.47	-8.59	-330.05	-765.36	-453.69	-52.7	-64.72	-9.91	-3.01
CFO/CapEx	- -	0.91	0.13	- -	- -	-17.01	-23.58	-13.59	-61.17	-4.53	- -	- -
Altman's Z-Score	5.44	3.67	-1.63	- -	-55.61	-899.6	-393.27	-610.33	-59.73	-314.04	-690.52	-1,790.87

Working Capital (USD)

API Chat

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
Accounts Receivable Turnover	- -	5.89	8.07	0.56	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	61.93	45.24	655.11	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	14.28	8.44	0.19	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	25.55	43.27	1,961.01	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	6.41	1.94	-0.13	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	56.91	188.47	-2,824.62	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	30.57	-99.96	5,440.75	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	36.38	1.97	-1,305.9	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API Chat

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	- -	- -	- -	-1	-1	-29	-35	-44	-48	-52	-27	-12
Total Debt/Capital (%)	- -	52.88	-94.58	-0.14	- -	- -	- -	-0.05	-0.4	-0.76	-0.12	-3.78
Total Debt / EV	- -	-0.66	1	1	- -	- -	- -	1.48	1.07	1.06	1.52	1
EV/Sales	- -	- -	0.14	0.03	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	2.87	- -	- -	- -	- -	- -	- -	- -	0.35	0.53
EV/Free Cash Flow to Firm	- -	- -	0.33	- -	- -	- -	- -	- -	- -	- -	0.35	0.53
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	4	3	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM EBITDA	1	- -	- -	- -	- -	-28	-5	-8	-4	-3	-2	-1
TTM Operating Income	1	- -	- -	-1	- -	-28	-5	-8	-5	-3	-2	-2
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1

Multiples (USD)

API Chat

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Low Price	10,000,000	54,960,000	5,600,000	880,000	4,800,000	14,000,000	7,000,000	5,800,000,000	5,200,000,000	300,000,000	60,000,000	2,000
EV/Sales	- -	- -	0.14	0.03	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	- -	- -	0.14	0.03	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales High	- -	- -	0.14	0.03	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Low	- -	- -	0.14	0.03	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Average	-0.24	0.77	-0.31	- -	0.01	- -	- -	- -	-0.04	-0.12	-0.01	-0.32
EV/EBITDA High	-0.24	0.77	-0.31	- -	0.01	- -	- -	- -	-0.04	-0.12	-0.01	-0.32
EV/EBITDA Low	-0.24	0.77	-0.31	- -	0.01	- -	- -	- -	-0.04	-0.12	-0.01	-0.32
EV/EBIT Average	-0.24	0.63	-0.26	- -	0.01	- -	- -	- -	-0.04	-0.12	-0.01	-0.24
EV/EBIT High	-0.24	0.63	-0.26	- -	0.01	- -	- -	- -	-0.04	-0.12	-0.01	-0.24
EV/EBIT Low	-0.24	0.63	-0.26	- -	0.01	- -	- -	- -	-0.04	-0.12	-0.01	-0.24
Last Price	80,000,000	74,960,000	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
High Price	1,110,000,000	3,400,000,077,824	808,000,028,672	320,000,000,000	207,999,991,808	219,999,993,856	118,000,001,024	128,000,000,000	76,000,002,048	16,499,999,744	680,000,000	800,000,000
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y
Shares Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Tangible Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Bitcoin Crypto Currency Exchange Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)