K2 Capital Acquisition Corporation Financial Ratios — KTWO

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2025 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	11/30/2025	12/31/2025

Return on Common Equity (%)	- -	-56.8	-33.98	-23.66	-14.39	-15.2	-14.74	- -	- -
Return on Assets (%)	- -	-21.8	-12.71	-19.89	-11.58	-10.99	-9.82	- -	- -
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	59.34	67.47	68.17	66.36	66.76	65.27	65.64	- -	- -
EBITDA Margin (%)	-16.68	-2.97	-5.17	-7.85	-5.25	-2.33	-2.59	- -	- -
Operating Margin (%)	-46.2	-33.91	-28.51	-25.7	-16.79	-14.68	-12.97	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	-12.97	- -
Pretax Margin (%)	-4.13	-33.81	-29.35	-32.01	-18.07	-17.57	-14.97	- -	- -
Profit Margin (%)	11.31	-24.16	-24.06	-31.95	-18.15	-17.61	-14.4	- -	- -
Net Income to Common Margin (%)	-0.36	-31.53	-36.39	-28.26	-18.15	-17.61	-14.4	- -	- -
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	3,217.99	23.36	33.89	-48.19	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	-43.53	-22.46	-35.06	-14.39	-15.2	-14.74	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2025 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	11/30/2025	12/31/2025

Total Debt	- -	27	43	- -	34	73	74	- -	- -
ST Debt	- -	- -	24	- -	- -	1	1	- -	- -
LT Debt	- -	27	20	- -	34	72	73	- -	- -
Total Debt/EBITDA	- -	-6.65	-5.3	- -	-3.04	-13.19	-11.11	- -	- -
Net Debt/EBITDA	- -	-4.9	-4.39	0.78	3.06	1.56	-2.28	- -	- -
Total Debt/EBIT	- -	-0.58	-0.96	- -	-0.95	-2.1	-2.22	- -	- -
Net Debt/EBIT	- -	-0.43	-0.8	0.24	0.96	0.25	-0.45	- -	- -
EBITDA to Interest Expense	-83.41	-3.28	-2.9	-6.64	-12.04	-1.25	-0.96	- -	- -
EBITDA-CapEx/Interest Expense	-94.17	-4.45	-3.47	-8.01	-15.63	-5.48	-1.95	- -	- -
EBIT to Interest Expense	-231	-37.51	-15.99	-21.75	-38.54	-7.85	-4.8	- -	- -
Interest Expense	- -	1	3	2	1	4	7	- -	- -
Common Equity/Total Assets	- -	50.07	63.17	85.4	76.54	68.2	64.96	5.02	-9.55
Long-Term Debt/Equity (%)	- -	17.77	10.48	- -	11.91	27.46	30.11	- -	- -
Long-Term Debt/Capital (%)	- -	15.09	8.52	- -	10.63	21.48	23.06	- -	- -
Long-Term Debt/Total Assets (%)	- -	8.9	6.62	- -	9.12	18.73	19.56	- -	- -
Total Debt/Equity (%)	- -	17.77	23.01	- -	12.01	27.83	30.57	- -	-255.15
Total Debt/Capital (%)	- -	15.09	18.7	- -	10.72	21.77	23.41	- -	164.45
Total Debt/Total Assets (%)	- -	8.9	14.53	- -	9.19	18.98	19.86	- -	24.36
Net Debt to Equity	- -	13.1	19.05	-4.42	-12.09	-3.29	6.28	- -	508.13
Net Debt/Capital (%)	- -	11.58	16	-4.62	-12.1	-2.98	5.2	- -	83.56
EBITDA	-20	-4	-8	-15	-11	-6	-7	- -	- -
EBITDA-CapEx	-22	-5	-10	-18	-15	-24	-14	- -	- -
Operating Income (Loss)	-55	-46	-45	-48	-36	-35	-33	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2025 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	11/30/2025	12/31/2025

Cash Ratio	- -	0.3	0.1	0.32	0.72	1.03	0.44	- -	0.67
Current Ratio	- -	3.01	1.22	2.96	3.25	3.63	2.84	0.7	0.75
Quick Ratio	- -	1.44	0.53	1.27	1.53	2.09	1.38	- -	0.67
CFO/Avg Current Liab	- -	-1.39	-0.39	-0.54	-0.44	-0.29	-0.26	- -	- -
Common Equity/Total Assets	- -	50.07	63.17	85.4	76.54	68.2	64.96	5.02	-9.55
Long-Term Debt/Equity (%)	- -	17.77	10.48	- -	11.91	27.46	30.11	- -	- -
Long-Term Debt/Capital (%)	- -	15.09	8.52	- -	10.63	21.48	23.06	- -	- -
Long-Term Debt/Total Assets (%)	- -	8.9	6.62	- -	9.12	18.73	19.56	- -	- -
Total Debt/Equity (%)	- -	17.77	23.01	- -	12.01	27.83	30.57	- -	-255.15
Total Debt/Capital (%)	- -	15.09	18.7	- -	10.72	21.77	23.41	- -	164.45
Total Debt/Total Assets (%)	- -	8.9	14.53	- -	9.19	18.98	19.86	- -	24.36
CFO/Total Liabilities	- -	-11	-17.45	-68.28	-20.84	-10.9	-9.8	- -	- -
CFO/CapEx	-7.19	-11.49	-11.85	-9.98	-5.43	-0.71	-1.86	- -	- -
Altman's Z-Score	- -	-0.06	-0.63	10.09	5.52	4.02	3.23	-0.74	-0.51

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2025 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	11/30/2025	12/31/2025

Accounts Receivable Turnover	- -	10.02	5.27	5.59	5.94	5.55	5.33	- -	- -
Days Sales Outstanding	- -	36.44	69.27	65.27	61.43	65.71	68.54	- -	- -
Inventory Turnover	- -	3.09	1.48	1.37	1.25	1.33	1.33	- -	- -
Days Inventory Outstanding	- -	118.12	246.22	266.89	291.37	275.15	274.47	- -	- -
Accounts Payable Turnover	- -	14.34	4.49	4.9	4.45	4.34	5.48	-6.97	- -
Accounts Payable Turnover Days	- -	25.46	81.38	74.46	82.06	84.16	66.66	-52.37	- -
Cash Conversion Cycle	- -	129.1	234.11	257.7	270.74	256.7	276.34	- -	- -
Inventory to Cash Days	- -	-81.68	-176.96	-201.62	-229.94	-209.44	-205.93	- -	- -
Inventories	- -	28	39	53	62	62	71	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	51	65	78	90	97	109	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2025 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	11/30/2025	12/31/2025

Market Capitalization	- -	- -	- -	780	816	847	781	- -	- -
- Cash & Cash Equivalents	- -	7	7	11	35	46	24	- -	1
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	27	43	- -	34	73	74	- -	- -
Enterprise Value	- -	20	36	768	816	874	831	- -	- -
Total Capital	- -	177	231	258	321	334	317	- -	- -
Total Debt/Capital (%)	- -	15.09	18.7	- -	10.72	21.77	23.41	- -	164.45
Total Debt / EV	- -	1.36	1.21	- -	0.04	0.08	0.09	- -	-0.5
EV/Sales	- -	0.15	0.23	4.12	3.78	3.7	3.22	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	88.5	1,088.67	- -	- -
Diluted Market Cap	- -	- -	- -	665	794	836	769	- -	- -
Diluted Enterprise Value	- -	20	36	654	794	864	819	- -	- -
EV per Share	- -	0.53	0.96	20.56	19.73	20.69	19.16	- -	- -
TTM Sales	118	135	158	187	216	237	258	- -	- -
TTM EBITDA	-20	-4	-8	-15	-11	-6	-7	- -	- -
TTM Operating Income	-55	-46	-45	-48	-36	-35	-33	- -	- -
TTM Cash Flow to Firm	-19	-16	-17	-28	-17	-9	-6	- -	- -
TTM Free Cash Flow to Firm	-16	-14	-15	-25	-14	10	1	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2025 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	11/30/2025	12/31/2025

Price/Free Cash Flow	- -	- -	- -	-24.52	-53.18	153.5	-129.62	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	20	36	768	816	874	831	- -	- -
Low Price	- -	- -	- -	12.31	16.4	10.1	16.44	- -	- -
EV/Sales	- -	0.15	0.23	4.12	3.78	3.7	3.22	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	-9.61	-21.97	-15.95	-24.43	- -	- -
Price/Earnings High	- -	- -	- -	-14.28	-26.98	-21.13	-29.9	- -	- -
Price/Earnings Low	- -	- -	- -	-7.44	-16.83	-10.12	-18.92	- -	- -
Price/Book Value	- -	- -	- -	3.02	2.85	3.24	3.22	- -	- -
Price/Book Value Average	- -	- -	- -	2.3	3.09	2.57	3.8	- -	- -
Price/Book Value High	- -	- -	- -	3.42	3.79	3.41	4.65	- -	- -
Price/Book Value Low	- -	- -	- -	1.78	2.36	1.63	2.94	- -	- -
Price/Tangible Book Value	- -	- -	- -	8.21	6.19	7.24	7.68	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	6.25	6.72	5.75	9.06	- -	- -
Price/Tangible Book Value High	- -	- -	- -	9.29	8.25	7.62	11.09	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	4.84	5.15	3.65	7.01	- -	- -
Price/Sales	- -	- -	- -	3.57	3.68	3.53	2.98	- -	- -
Price/Sales Average	- -	- -	- -	2.72	3.99	2.81	3.52	- -	- -
Price/Sales High	- -	- -	- -	4.04	4.9	3.72	4.3	- -	- -
Price/Sales Low	- -	- -	- -	2.1	3.05	1.78	2.72	- -	- -
Price/Cash Flow	- -	- -	- -	-22.06	-43.38	-62.89	-60.04	- -	- -
Price/Cash Flow Average	- -	- -	- -	-16.81	-47.04	-49.96	-70.83	- -	- -
Price/Cash Flow High	- -	- -	- -	-24.98	-57.77	-66.21	-86.69	- -	- -
Price/Cash Flow Low	- -	- -	- -	-13.01	-36.04	-31.69	-54.84	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	-18.68	-57.68	121.95	-152.92	- -	- -
Price/Free Cash Flow High	- -	- -	- -	-27.76	-70.83	161.62	-187.16	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	-14.46	-44.18	77.36	-118.39	- -	- -
EV/Sales Average	- -	0.15	0.23	3.12	4.1	2.96	3.76	- -	- -
EV/Sales High	- -	0.15	0.23	4.67	5.03	3.88	4.56	- -	- -
EV/Sales Low	- -	0.15	0.23	2.4	3.14	1.92	2.96	- -	- -
EV/EBITDA Average	- -	-4.9	-4.39	-39.79	-78.09	-126.9	-145.56	- -	- -
EV/EBITDA High	- -	-4.9	-4.39	-59.51	-95.9	-166.57	-176.47	- -	- -
EV/EBITDA Low	- -	-4.9	-4.39	-30.63	-59.82	-82.31	-114.39	- -	- -
EV/EBIT Average	- -	-0.43	-0.8	-12.15	-24.39	-20.16	-29.03	- -	- -
EV/EBIT High	- -	-0.43	-0.8	-18.17	-29.96	-26.47	-35.19	- -	- -
EV/EBIT Low	- -	-0.43	-0.8	-9.35	-18.69	-13.08	-22.81	- -	- -
Last Price	- -	- -	- -	20.87	19.74	20.04	18	- -	- -
High Price	- -	- -	- -	23.63	26.29	21.1	25.99	- -	- -
Enterprise Value Average	- -	20	36	583	885	700	971	- -	- -
Enterprise Value High	- -	20	36	872	1,087	919	1,177	- -	- -
Enterprise Value Low	- -	20	36	449	678	454	763	- -	- -

Shares Outstanding	- -	37	37	37	41	42	43	17	18
Diluted Weighted Avg Shares	23	23	28	32	40	42	43	- -	- -
Basic Weighted Avg Shares	23	23	28	32	40	42	43	- -	- -
Revenue per Share	5.24	6	5.69	5.85	5.37	5.67	6.04	- -	- -
EBITDA per Share	-0.87	-0.18	-0.29	-0.46	-0.28	-0.13	-0.16	- -	- -
Operating Income per Share	-2.42	-2.03	-1.62	-1.5	-0.9	-0.83	-0.78	- -	- -
Basic EPS, GAAP	-0.02	-1.89	-2.07	-1.65	-0.97	-1	-0.87	- -	- -
Basic EPS from Cont Ops	0.59	-1.45	-1.37	-1.87	-0.97	-1	-0.87	- -	- -
Diluted EPS, GAAP	-0.02	-1.89	-2.07	-1.65	-0.97	-1	-0.87	- -	- -
Diluted EPS from Cont Ops	0.59	-1.45	-1.37	-1.87	-0.97	-1	-0.87	- -	- -
Dividend per Share	- -	- -	- -	0.58	- -	- -	- -	- -	- -
Cash Flow per Share	-0.81	-0.73	-0.69	-0.95	-0.46	-0.32	-0.3	- -	- -
Free Cash Flow per Basic Share	-0.92	-0.79	-0.75	-1.04	-0.54	-0.77	-0.46	- -	- -
Cash & Equivalents per Share	- -	0.19	0.2	0.31	0.84	1.08	0.55	- -	0.03
Book Value per Share	- -	4.05	5.06	6.92	6.93	6.19	5.59	- -	- -
Tangible Book Value per Share	- -	-1.79	0.03	2.54	3.19	2.77	2.34	- -	- -

K2 Capital Acquisition Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)