Visa Inc. Financial Ratios — VISA34 Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Return on Common Equity (%)	14.19	7.93	18.28	20.04	22.1	19.09	20.4	30.86	36.38	32.19	35.37	44.14	49.15	52.55	53.3
Return on Assets (%)	10.71	5.73	13.11	14.59	16.24	11.59	10.15	15.02	17.04	14.16	15.03	17.76	19.63	21.34	20.66
Return on Capital (%)	14.27	7.94	18.28	20.06	22.11	16.05	14.05	21.21	24.52	20.18	21.38	26.42	30.37	34.02	33.39
Return on Invested Capital (%)	13.63	7.66	18.19	19.92	22.22	14.95	13.87	20.43	23.86	19.87	20.38	26.61	29.42	32.69	32.33
Gross Margin (%)	80.24	79.46	79.62	81.25	81.61	81.67	82.31	81.29	81.87	79.35	79.38	80.44	79.89	80.4	80.36
EBITDA Margin (%)	62.52	23.72	64.83	64.02	68.86	55.6	69.18	65.83	68.14	67.97	68.9	67.12	67.2	68.55	63.04
Operating Margin (%)	59.46	59.87	61.49	64.16	65.4	64.73	66.25	65.8	67.03	64.51	65.58	67.15	67.15	66.96	66.39
Incremental Operating Margin (%)	81.83	62.94	73.91	98.27	78.78	56.91	73.29	62.11	77.7	115.74	75.92	74.43	67.19	65.08	61.34
Pretax Margin (%)	61.56	21.18	61.61	60.81	64.81	53.12	63.7	62.14	64.78	63.12	66.64	61.88	64.43	66.57	60.49
Profit Margin (%)	39.73	20.57	42.28	42.81	45.59	39.72	36.49	49.98	52.57	49.74	51.07	51.03	52.9	54.95	50.15
Net Income to Common Margin (%)	39.73	20.57	42.28	42.81	45.59	39.72	36.49	49.98	52.57	49.74	51.07	51.03	52.9	54.95	50.15
Effective Tax Rate (%)	35.54	2.95	31.38	29.6	29.65	25.22	42.71	19.56	18.84	21.2	23.36	17.53	17.89	17.45	17.1
Dvd Payout Ratio (%)	11.61	27.8	17.35	18.5	18.6	22.53	23.57	18.62	18.78	24.52	22.73	21.41	21.72	21.36	23.1
Sustainable Growth Rate (%)	12.54	5.73	15.1	16.33	17.99	14.79	15.59	25.11	29.55	24.3	27.33	34.69	38.47	41.32	40.98

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Total Debt	- -	- -	- -	- -	- -	15,882	18,367	16,630	16,729	24,070	20,977	22,450	20,463	20,836	25,171
ST Debt	- -	- -	- -	- -	- -	- -	1,749	- -	- -	2,999	999	2,250	- -	- -	5,569
LT Debt	- -	- -	- -	- -	- -	15,882	16,618	16,630	16,729	21,071	19,978	20,200	20,463	20,836	19,602
Total Debt/EBITDA	- -	- -	- -	- -	- -	1.89	1.45	1.23	1.07	1.62	1.26	1.14	0.93	0.85	1
Net Debt/EBITDA	-0.37	-0.84	-0.29	-0.24	-0.37	1.22	0.67	0.62	0.57	0.52	0.27	0.34	0.19	0.36	0.32
Total Debt/EBIT	- -	- -	- -	- -	- -	2.01	1.51	1.28	1.12	1.71	1.33	1.19	0.97	0.88	1.05
Net Debt/EBIT	-0.39	-0.97	-0.3	-0.26	-0.39	1.3	0.7	0.65	0.59	0.55	0.28	0.36	0.2	0.38	0.33
EBITDA to Interest Expense	179.5	- -	- -	1,016.5	3,186	19.64	22.56	22.17	29.38	28.78	32.37	36.57	34.07	38.42	42.81
EBITDA-CapEx/Interest Expense	168.47	- -	- -	1,016.5	3,186	19.64	21.3	21	27.96	27.35	31	34.77	32.43	36.46	40.29
EBIT to Interest Expense	170.72	- -	- -	1,018.75	3,026	22.86	21.6	22.16	28.89	27.31	30.81	36.58	34.05	37.53	45.09
Interest Expense	32	- -	- -	8	3	427	563	612	533	516	513	538	644	641	589
Common Equity/Total Assets	76.06	69.05	74.73	71.08	75.8	51.4	48.19	49.12	44.64	43.38	41.63	38.9	40.92	40.32	37.3
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	48.26	50.73	48.9	48.23	58.19	53.15	56.77	52.83	53.24	51.71
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	32.55	32.5	32.84	32.54	34.96	34.11	34.81	34.57	34.74	31.07
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	24.8	24.45	24.02	23.05	26.04	24.1	23.63	22.61	22.05	19.68
Total Debt/Equity (%)	- -	- -	- -	- -	- -	48.26	56.07	48.9	48.23	66.47	55.81	63.1	52.83	53.24	66.4
Total Debt/Capital (%)	- -	- -	- -	- -	- -	32.55	35.92	32.84	32.54	39.93	35.82	38.69	34.57	34.74	39.9
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	24.8	27.02	24.02	23.05	29.75	25.31	26.26	22.61	22.05	25.27
Net Debt to Equity	-8.05	-7.51	-8.14	-7.19	-11.79	31.18	25.92	24.9	25.63	21.49	11.94	19	10.78	22.64	21.12
Net Debt/Capital (%)	-8.75	-8.12	-8.86	-7.75	-13.36	23.77	20.59	19.94	20.4	17.69	10.67	15.97	9.73	18.46	17.44
EBITDA	5,744	2,472	7,636	8,132	9,558	8,385	12,700	13,567	15,657	14,848	16,608	19,674	21,943	24,629	25,214
EBITDA-CapEx	5,391	2,472	7,636	8,132	9,558	8,385	11,993	12,849	14,901	14,112	15,903	18,704	20,884	23,372	23,732
Operating Income (Loss)	5,463	6,239	7,242	8,150	9,078	9,762	12,163	13,561	15,401	14,092	15,807	19,681	21,927	24,057	26,556

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Cash Ratio	0.98	0.35	0.98	0.66	1.12	1.11	1.34	1.04	0.9	1.38	1.18	0.89	0.87	0.57	0.54
Current Ratio	2.66	1.48	1.8	1.59	1.87	1.78	1.9	1.61	1.56	1.91	1.75	1.45	1.45	1.28	1.08
Quick Ratio	1.3	0.52	1.37	0.94	1.37	1.42	1.6	1.28	1.24	1.58	1.41	1.08	1.07	0.84	0.75
CFO/Avg Current Liab	1.11	0.88	0.49	1.39	1.16	0.83	1.03	1.22	1.03	0.75	1.01	1.03	0.94	0.8	0.75
Common Equity/Total Assets	76.06	69.05	74.73	71.08	75.8	51.4	48.19	49.12	44.64	43.38	41.63	38.9	40.92	40.32	37.3
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	48.26	50.73	48.9	48.23	58.19	53.15	56.77	52.83	53.24	51.71
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	32.55	32.5	32.84	32.54	34.96	34.11	34.81	34.57	34.74	31.07
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	24.8	24.45	24.02	23.05	26.04	24.1	23.63	22.61	22.05	19.68
Total Debt/Equity (%)	- -	- -	- -	- -	- -	48.26	56.07	48.9	48.23	66.47	55.81	63.1	52.83	53.24	66.4
Total Debt/Capital (%)	- -	- -	- -	- -	- -	32.55	35.92	32.84	32.54	39.93	35.82	38.69	34.57	34.74	39.9
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	24.8	27.02	24.02	23.05	29.75	25.31	26.26	22.61	22.05	25.27
CFO/Total Liabilities	46.52	40.45	33.26	64.58	69.12	17.91	26.46	36.74	33.74	23.35	33.61	37.76	40.09	36.03	37.36
CFO/CapEx	10.97	- -	- -	- -	- -	- -	13.18	18.02	16.91	14.18	21.6	19.43	19.6	15.87	15.56
Altman's Z-Score	- -	- -	- -	10.72	14.76	6.86	7.33	8.99	9.35	8.5	9.05	7.52	8.5	8.97	9.34

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Accounts Receivable Turnover	17.74	16.24	15.87	16.05	16.63	15.98	16.9	17.61	16.71	13.83	13.44	14.7	15.15	14.81	14.07
Days Sales Outstanding	20.58	22.47	22.99	22.74	21.94	22.85	21.6	20.72	21.84	26.4	27.15	24.83	24.09	24.65	25.95
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Market Capitalization	- -	- -	- -	130,958	169,599	190,314	236,526	329,372	376,963	425,408	468,287	375,918	467,850	546,314	660,453
- Cash & Cash Equivalents	2,127	2,074	2,186	1,971	3,518	5,619	9,874	8,162	7,838	16,289	16,487	15,689	16,286	11,975	17,164
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	2,285	1,106	3,080	2,324	1,698	1,031	745
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	15,882	18,367	16,630	16,729	24,070	20,977	22,450	20,463	20,836	25,171
Enterprise Value	- -	- -	- -	127,008	163,584	197,258	241,455	334,293	383,903	430,543	473,832	382,170	469,883	553,006	667,372
Total Capital	26,437	27,630	26,870	27,413	29,842	48,794	51,127	50,636	51,413	60,280	58,566	58,031	59,196	59,973	63,080
Total Debt/Capital (%)	- -	- -	- -	- -	- -	32.55	35.92	32.84	32.54	39.93	35.82	38.69	34.57	34.74	39.9
Total Debt / EV	- -	- -	- -	- -	- -	0.08	0.08	0.05	0.04	0.06	0.04	0.06	0.04	0.04	0.04
EV/Sales	- -	- -	- -	10	11.79	13.08	13.15	16.22	16.71	19.71	19.66	13.04	14.39	15.39	16.68
EV/EBITDA	- -	- -	- -	15.62	17.11	23.53	19.01	24.64	24.52	29	28.53	19.43	21.41	22.45	26.47
EV/EBIT	- -	- -	- -	16.5	18.05	25.02	19.88	25.81	25.59	30.58	29.98	20.31	22.38	23.44	27.81
EV/Cash Flow to Firm	- -	- -	- -	17.61	24.84	33.47	25.05	24.89	29.05	39.69	30.33	19.81	22.08	27	28.34
EV/Free Cash Flow to Firm	- -	- -	- -	17.61	24.84	33.47	27.03	26.29	30.81	42.58	31.77	20.86	23.23	28.77	30.25
Diluted Market Cap	- -	- -	- -	162,305	207,667	237,327	299,267	416,518	477,950	538,477	585,942	462,483	579,579	664,456	752,667
Diluted Enterprise Value	- -	- -	- -	158,355	201,652	244,271	304,196	421,439	484,890	543,612	591,487	468,735	581,612	671,148	759,586
EV per Share	- -	- -	- -	2.58	3.37	4.22	5.33	7.57	8.89	10.16	11.21	9.13	11.53	13.93	17.22
TTM Sales	9,188	10,421	11,778	12,702	13,880	15,082	18,358	20,609	22,977	21,846	24,105	29,310	32,653	35,926	40,000
TTM EBITDA	5,744	2,472	7,636	8,132	9,558	8,385	12,700	13,567	15,657	14,848	16,608	19,674	21,943	24,629	25,214
TTM Operating Income	5,463	6,239	7,242	8,150	9,078	9,762	12,163	13,561	15,401	14,092	15,807	19,681	21,927	24,057	26,556
TTM Cash Flow to Firm	3,893	5,009	3,022	7,211	6,586	5,893	9,640	13,433	13,217	10,847	15,620	19,293	21,284	20,479	23,547
TTM Free Cash Flow to Firm	3,540	5,009	3,022	7,211	6,586	5,893	8,933	12,715	12,461	10,111	14,915	18,323	20,225	19,222	22,065

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Price/Free Cash Flow	- -	- -	- -	22.53	31.54	42.58	34.76	34.08	39.74	55.49	40.35	25.87	29.43	35.55	34.88
EV/EBIT	- -	- -	- -	16.5	18.05	25.02	19.88	25.81	25.59	30.58	29.98	20.31	22.38	23.44	27.81
Enterprise Value	- -	- -	- -	127,008	163,584	197,258	241,455	334,293	383,903	430,543	473,832	382,170	469,883	553,006	667,372
Low Price	- -	- -	- -	2.41	2.66	3.39	3.33	5.3	6.27	6.72	8.96	8.74	8.83	11.31	13.63
EV/Sales	- -	- -	- -	10	11.79	13.08	13.15	16.22	16.71	19.71	19.66	13.04	14.39	15.39	16.68
EV/EBITDA	- -	- -	- -	15.62	17.11	23.53	19.01	24.64	24.52	29	28.53	19.43	21.41	22.45	26.47
Price/Earnings	- -	- -	- -	24.61	27.22	32.66	36.05	32.61	31.85	39.78	38.59	25.06	27.3	27.93	33.21
Price/Earnings Average	- -	- -	- -	25.23	26.48	30.92	30.61	27.73	28.45	37.31	38.42	29.34	26.58	27.12	32.5
Price/Earnings High	- -	- -	- -	27.13	29.79	33.48	36.71	33.3	33.52	43.27	44.38	33.4	29.65	29.95	36.7
Price/Earnings Low	- -	- -	- -	22.3	20.67	27.14	23.03	23.18	22.86	26.63	31.21	24.39	21	22.97	26.57
Price/Book Value	- -	- -	- -	4.78	5.68	5.78	7.22	9.69	11.64	12.12	13.57	11.3	12.63	14.34	17.77
Price/Book Value Average	- -	- -	- -	4.9	5.53	5.47	6.13	8.24	10.39	11.37	13.51	13.24	12.3	13.92	17.39
Price/Book Value High	- -	- -	- -	5.27	6.22	5.93	7.35	9.89	12.25	13.18	15.61	15.07	13.72	15.37	19.64
Price/Book Value Low	- -	- -	- -	4.33	4.32	4.81	4.61	6.89	8.35	8.11	10.98	11	9.72	11.79	14.22
Price/Tangible Book Value	- -	- -	- -	30.82	25.48	-20.27	-23.19	-37.66	-37.56	-49.39	-51.39	-39.18	-66.21	-70.73	-63.74
Price/Tangible Book Value Average	- -	- -	- -	31.6	24.79	-19.19	-19.69	-32.02	-33.54	-46.33	-51.17	-45.88	-64.46	-68.68	-62.37
Price/Tangible Book Value High	- -	- -	- -	33.98	27.89	-20.78	-23.62	-38.45	-39.53	-53.72	-59.1	-52.23	-71.9	-75.83	-70.44
Price/Tangible Book Value Low	- -	- -	- -	27.92	19.35	-16.85	-14.82	-26.77	-26.95	-33.07	-41.57	-38.13	-50.93	-58.17	-50.99
Price/Sales	- -	- -	- -	10.54	12.41	12.97	13.15	16.3	16.75	19.78	19.71	12.79	14.44	15.35	16.66
Price/Sales Average	- -	- -	- -	10.8	12.07	12.28	11.17	13.86	14.95	18.56	19.62	14.97	14.06	14.9	16.3
Price/Sales High	- -	- -	- -	11.61	13.58	13.3	13.39	16.64	17.62	21.52	22.66	17.05	15.68	16.46	18.4
Price/Sales Low	- -	- -	- -	9.55	9.42	10.78	8.4	11.59	12.02	13.25	15.94	12.45	11.11	12.62	13.32
Price/Cash Flow	- -	- -	- -	18.57	26.16	35.1	25.92	25.96	30.1	41.4	31.2	19.88	22.72	27.64	28.89
Price/Cash Flow Average	- -	- -	- -	19.04	25.45	33.23	22.01	22.07	26.88	38.84	31.06	23.28	22.12	26.84	28.27
Price/Cash Flow High	- -	- -	- -	20.48	28.63	35.98	26.39	26.5	31.67	45.03	35.88	26.51	24.68	29.64	31.93
Price/Cash Flow Low	- -	- -	- -	16.83	19.87	29.18	16.56	18.45	21.6	27.72	25.23	19.35	17.48	22.73	23.11
Price/Free Cash Flow Average	- -	- -	- -	23.09	30.68	40.3	29.51	28.97	35.49	52.06	40.18	30.29	28.65	34.51	34.13
Price/Free Cash Flow High	- -	- -	- -	24.83	34.52	43.64	35.39	34.79	41.82	60.36	46.4	34.48	31.95	38.11	38.55
Price/Free Cash Flow Low	- -	- -	- -	20.41	23.95	35.39	22.21	24.23	28.51	37.16	32.64	25.18	22.64	29.23	27.9
EV/Sales Average	- -	- -	- -	10.26	11.45	12.41	11.21	13.83	14.95	18.5	19.57	15.23	14.01	14.95	16.33
EV/Sales High	- -	- -	- -	11.05	12.94	13.39	13.39	16.56	17.57	21.42	22.57	17.31	15.62	16.49	18.42
EV/Sales Low	- -	- -	- -	9.03	8.85	10.95	8.5	11.6	12.07	13.27	15.94	12.7	11.08	12.69	13.38
EV/EBITDA Average	- -	- -	- -	16.02	16.63	22.31	16.2	21	21.95	27.22	28.41	22.69	20.85	21.81	25.9
EV/EBITDA High	- -	- -	- -	17.27	18.79	24.09	19.35	25.15	25.78	31.51	32.76	25.79	23.25	24.05	29.22
EV/EBITDA Low	- -	- -	- -	14.1	12.85	19.69	12.29	17.62	17.72	19.53	23.14	18.92	16.49	18.52	21.23
EV/EBIT Average	- -	- -	- -	16.93	17.54	23.73	16.94	22	22.91	28.71	29.85	23.73	21.78	22.77	27.22
EV/EBIT High	- -	- -	- -	18.24	19.81	25.63	20.24	26.34	26.91	33.23	34.43	26.97	24.29	25.11	30.71
EV/EBIT Low	- -	- -	- -	14.9	13.55	20.95	12.85	18.46	18.49	20.6	24.32	19.78	17.23	19.33	22.31
Last Price	- -	- -	- -	2.66	3.5	4.07	5.22	7.46	8.73	10.04	11.08	8.98	11.48	13.76	17.04
High Price	- -	- -	- -	2.93	3.83	4.17	5.31	7.61	9.19	10.92	12.75	11.97	12.47	14.75	18.83
Enterprise Value Average	- -	- -	- -	130,310	158,967	187,099	205,762	284,962	343,604	404,224	471,825	446,460	457,484	537,155	653,108
Enterprise Value High	- -	- -	- -	140,410	179,598	202,015	245,770	341,216	403,676	467,898	544,083	507,383	510,076	592,421	736,736
Enterprise Value Low	- -	- -	- -	114,701	122,773	165,117	156,043	239,093	277,441	290,004	384,329	372,155	361,913	456,013	535,229

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Shares Outstanding	53,282	53,201	50,704	49,255	48,490	46,724	45,335	44,181	43,161	42,389	42,255	41,862	40,745	39,713	38,761
Diluted Weighted Avg Shares	82,306	77,635	67,488	61,045	59,374	58,267	57,361	55,871	54,723	53,656	52,871	51,502	50,475	48,300	44,173
Basic Weighted Avg Shares	66,360	65,233	52,428	50,334	49,247	48,039	46,287	45,059	44,052	43,066	42,864	41,737	41,073	40,086	39,099
Revenue per Share	0.14	0.16	0.22	0.25	0.28	0.31	0.4	0.46	0.52	0.51	0.56	0.7	0.8	0.9	1.02
EBITDA per Share	0.09	0.04	0.15	0.16	0.19	0.17	0.27	0.3	0.36	0.34	0.39	0.47	0.53	0.61	0.64
Operating Income per Share	0.08	0.1	0.14	0.16	0.18	0.2	0.26	0.3	0.35	0.33	0.37	0.47	0.53	0.6	0.68
Basic EPS, GAAP	0.06	0.03	0.09	0.11	0.13	0.12	0.14	0.23	0.27	0.25	0.29	0.36	0.42	0.49	0.51
Basic EPS from Cont Ops	0.05	0.03	0.09	0.11	0.13	0.12	0.14	0.23	0.27	0.25	0.29	0.36	0.42	0.49	0.51
Diluted EPS, GAAP	0.04	0.03	0.07	0.09	0.11	0.1	0.12	0.18	0.22	0.2	0.23	0.29	0.34	0.41	0.45
Diluted EPS from Cont Ops	0.04	0.03	0.07	0.09	0.11	0.1	0.12	0.18	0.22	0.2	0.23	0.29	0.34	0.41	0.45
Dividend per Share	0.01	0.01	0.02	0.02	0.02	0.03	0.03	0.04	0.05	0.06	0.07	0.08	0.09	0.11	0.12
Cash Flow per Share	0.06	0.08	0.06	0.14	0.13	0.12	0.2	0.29	0.29	0.24	0.36	0.45	0.51	0.5	0.59
Free Cash Flow per Basic Share	0.05	0.08	0.06	0.14	0.13	0.12	0.19	0.27	0.27	0.23	0.34	0.43	0.48	0.47	0.55
Cash & Equivalents per Share	0.06	0.05	0.08	0.08	0.12	0.19	0.3	0.27	0.28	0.47	0.44	0.44	0.49	0.38	0.49
Book Value per Share	0.5	0.52	0.53	0.56	0.62	0.7	0.72	0.77	0.75	0.83	0.82	0.79	0.91	0.96	0.96
Tangible Book Value per Share	0.06	0.09	0.08	0.09	0.14	-0.2	-0.22	-0.2	-0.23	-0.2	-0.22	-0.23	-0.17	-0.19	-0.27