BigBear.ai, Inc. Financial Ratios — 28K1 Stock

Profitability (USD)

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	-110.93	- -	- -	- -	- -
Return on Assets (%)	- -	- -	- -	-41.07	-38.49	-35.76	-108.72	-47.47
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	23.74	23.76	- -	23.4	27.74	26.17	28.58	22.31
EBITDA Margin (%)	8.02	8.74	- -	-48.92	-66.3	-20.06	-76.81	-155.57
Operating Margin (%)	7.92	8.67	- -	-53.9	-32.37	-22.87	-28.87	-65.33
Incremental Operating Margin (%)	- -	10.19	- -	- -	299.98	9,597.39	- -	123.42
Pretax Margin (%)	7.84	8.5	- -	-84.13	-73.06	-45.68	-186.94	-247.22
Profit Margin (%)	7.81	8.48	- -	-84.87	-71.84	-45.54	-186.78	-230.21
Net Income to Common Margin (%)	7.81	8.48	- -	-84.87	-71.84	-45.54	-186.78	-230.21
Effective Tax Rate (%)	0.31	0.14	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	67.12	13.43	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	-110.93	- -	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	107	195	200	162	146	115
ST Debt	- -	- -	1	4	3	2	2	18
LT Debt	- -	- -	106	190	197	160	145	97
Total Debt/EBITDA	- -	- -	- -	-2.73	-1.95	-5.22	-1.2	-0.58
Net Debt/EBITDA	- -	-0.26	- -	-1.77	-1.77	-4.01	-0.71	-0.1
Total Debt/EBIT	- -	- -	- -	-2.48	-1.81	-4.16	-1.1	-0.54
Net Debt/EBIT	- -	-0.26	- -	-1.6	-1.64	-3.2	-0.65	-0.09
EBITDA to Interest Expense	94.45	50.65	- -	-9.17	-4.27	-1.25	-4.74	-10.96
EBITDA-CapEx/Interest Expense	93.02	50.5	- -	-9.26	-4.3	-1.25	-4.76	-10.99
EBIT to Interest Expense	93.26	50.25	- -	-10.11	-2.08	-1.43	-1.78	-4.6
Interest Expense	- -	- -	- -	8	24	25	26	18
Common Equity/Total Assets	- -	73.21	45.98	31.92	-19.39	-15.01	-1.08	68.4
Long-Term Debt/Equity (%)	- -	- -	105.48	155.57	- -	- -	- -	15.88
Long-Term Debt/Capital (%)	- -	- -	51.06	60.06	121.56	121.13	101.28	13.37
Long-Term Debt/Total Assets (%)	- -	- -	48.49	49.66	101.08	80.27	42.04	10.86
Total Debt/Equity (%)	- -	- -	106.57	159.03	-528.82	-541.6	-3,942.11	18.76
Total Debt/Capital (%)	- -	- -	51.59	61.39	123.32	122.64	102.6	15.8
Total Debt/Total Assets (%)	- -	- -	49	50.77	102.54	81.27	42.59	12.83
Net Debt to Equity	- -	-14.08	96.91	102.72	-479.89	-416.1	-2,317.74	3.26
Net Debt/Capital (%)	- -	-16.39	49.21	50.67	121.35	124.93	93.01	3.11
EBITDA	4	6	- -	-71	-103	-31	-122	-199
EBITDA-CapEx	4	6	- -	-72	-104	-31	-122	-199
Operating Income (Loss)	4	6	- -	-78	-50	-35	-46	-83

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	0.39	0.8	0.98	0.35	0.47	0.25	1.55
Current Ratio	- -	3.7	2.85	2.94	1.52	0.92	0.46	1.78
Quick Ratio	- -	3.63	2.8	1.4	1.23	0.86	0.44	1.7
CFO/Avg Current Liab	- -	- -	- -	-0.48	-0.92	-0.35	-0.28	-0.22
Common Equity/Total Assets	- -	73.21	45.98	31.92	-19.39	-15.01	-1.08	68.4
Long-Term Debt/Equity (%)	- -	- -	105.48	155.57	- -	- -	- -	15.88
Long-Term Debt/Capital (%)	- -	- -	51.06	60.06	121.56	121.13	101.28	13.37
Long-Term Debt/Total Assets (%)	- -	- -	48.49	49.66	101.08	80.27	42.04	10.86
Total Debt/Equity (%)	- -	- -	106.57	159.03	-528.82	-541.6	-3,942.11	18.76
Total Debt/Capital (%)	- -	- -	51.59	61.39	123.32	122.64	102.6	15.8
Total Debt/Total Assets (%)	- -	- -	49	50.77	102.54	81.27	42.59	12.83
CFO/Total Liabilities	- -	96.44	- -	-7.58	-20.98	-7.96	-10.97	-14.84
CFO/CapEx	31.4	228.94	- -	-30.67	-63.61	-9,153.5	-78.76	-79.91
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	3

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	5.82	5.28	5.96	5.2	4.14
Days Sales Outstanding	- -	- -	- -	62.72	69.1	61.21	70.24	88.13
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

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	2,498
- Cash & Cash Equivalents	- -	2	10	69	13	33	50	87
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	107	195	200	162	146	115
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	2,325
Total Capital	- -	12	207	317	162	132	143	727
Total Debt/Capital (%)	- -	- -	51.59	61.39	123.32	122.64	102.6	15.8
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	0.05
EV/Sales	- -	- -	- -	- -	- -	- -	- -	18.21
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	2,051
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	1,878
EV per Share	- -	- -	- -	- -	- -	- -	- -	5.32
TTM Sales	49	74	- -	146	155	155	158	128
TTM EBITDA	4	6	- -	-71	-103	-31	-122	-199
TTM Operating Income	4	6	- -	-78	-50	-35	-46	-83
TTM Cash Flow to Firm	2	4	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	2	4	- -	- -	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	-48.29
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	2,325
Low Price	- -	- -	- -	- -	- -	- -	- -	3.65
EV/Sales	- -	- -	- -	- -	- -	- -	- -	18.21
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	4.08
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	4.39
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	6.69
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	2.61
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	10.8
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	11.6
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	17.7
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	6.9
Price/Sales	- -	- -	- -	- -	- -	- -	- -	16.06
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	17.26
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	26.34
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	10.26
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	-48.89
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	-52.52
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	-80.15
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	-31.23
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	-51.87
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	-79.16
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	-30.84
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	19.66
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	30.72
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	11.14
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	5.72
High Price	- -	- -	- -	- -	- -	- -	- -	9.37
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	2,511
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	3,922
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	1,423

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	105	136	136	136	117	157	252	437
Diluted Weighted Avg Shares	105	105	46	107	128	149	234	359
Basic Weighted Avg Shares	105	105	46	107	128	149	234	359
Revenue per Share	0.47	0.7	- -	1.36	1.21	1.04	0.68	0.36
EBITDA per Share	0.04	0.06	- -	-0.66	-0.8	-0.21	-0.52	-0.55
Operating Income per Share	0.04	0.06	- -	-0.73	-0.39	-0.24	-0.2	-0.23
Basic EPS, GAAP	0.04	0.06	- -	-1.15	-0.87	-0.47	-1.27	-0.82
Basic EPS from Cont Ops	0.04	0.06	- -	-1.15	-0.87	-0.47	-1.27	-0.82
Diluted EPS, GAAP	0.04	0.06	- -	-1.15	-0.87	-0.47	-1.27	-0.82
Diluted EPS from Cont Ops	0.04	0.06	- -	-1.15	-0.87	-0.47	-1.27	-0.82
Dividend per Share	0.02	0.01	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.02	0.04	- -	-0.18	-0.38	-0.12	-0.16	-0.12
Free Cash Flow per Basic Share	0.02	0.04	- -	-0.19	-0.39	-0.12	-0.17	-0.12
Cash & Equivalents per Share	- -	0.01	0.07	0.51	0.11	0.21	0.2	0.66
Book Value per Share	- -	0.09	0.74	0.9	-0.32	-0.19	-0.01	1.4
Tangible Book Value per Share	- -	0.09	-0.6	-0.39	-1.47	-1.02	-0.96	0.53