Devolver Digital, Inc. Financial Ratios — DEVO Stock

Profitability (USD)

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	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 (%)	- -	29.31	47.43	139.1	19.19	-43.81	-7.75	-3.79	-10.01
Return on Assets (%)	- -	17.82	29.12	87.23	15.49	-38.42	-6.51	-3.09	-8.1
Return on Capital (%)	- -	29.31	47.43	138.92	19.13	- -	- -	- -	- -
Return on Invested Capital (%)	- -	27.7	45.41	137.22	19.1	- -	- -	- -	- -
Gross Margin (%)	- -	22.14	24.55	43.1	39.97	16.72	26.55	28.69	30.67
EBITDA Margin (%)	- -	16.86	23.49	39.55	60.47	9.85	2.96	17.24	20.03
Operating Margin (%)	- -	10.47	14.28	36.27	-67.31	-73.26	-12.46	-7.73	-2.76
Incremental Operating Margin (%)	- -	- -	24.22	44.66	124.99	- -	- -	27.48	164.14
Pretax Margin (%)	- -	10.52	17.62	36.27	50.97	-73.4	-12.67	-6.38	-2.38
Profit Margin (%)	- -	7.46	13.38	30.13	31.13	-67.98	-13.8	-5.86	-14.8
Net Income to Common Margin (%)	- -	7.46	13.38	30.13	31.13	-67.98	-13.8	-5.86	-14.8
Effective Tax Rate (%)	- -	29.1	24.07	16.93	38.78	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	11.84	- -	15.6	97.71	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	25.84	47.43	117.4	0.44	-43.81	-7.75	-3.79	-10.01

Credit (USD)

Credit Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	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	- -	- -	- -	- -	- -	- -	1	1	1
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	1	1	1
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	0.38	0.06	0.04
Net Debt/EBITDA	- -	-1.04	-0.9	-0.51	-1.45	-6	-14.81	-2.3	-1.69
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	-0.08	-0.15	-0.28
Net Debt/EBIT	- -	-1.68	-1.21	-0.56	-1.72	0.8	3.11	5.81	11.67
EBITDA to Interest Expense	- -	- -	- -	809.02	- -	- -	47.07	62.74	136.78
EBITDA-CapEx/Interest Expense	- -	- -	- -	595.8	- -	- -	-434.55	-43.88	-94.2
EBIT to Interest Expense	- -	- -	- -	741.92	- -	- -	-198.45	-28.11	-18.87
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	59.36	61.86	61.1	63.19	87.72	87.64	80.34	82.26	79.59
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	0.55	0.53	0.39
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	0.55	0.53	0.39
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	0.44	0.44	0.31
Total Debt/Equity (%)	- -	- -	- -	0.34	- -	- -	0.65	0.67	0.57
Total Debt/Capital (%)	- -	- -	- -	0.33	- -	- -	0.65	0.66	0.57
Total Debt/Total Assets (%)	- -	- -	- -	0.21	- -	- -	0.52	0.55	0.46
Net Debt to Equity	-58.23	-59.77	-60.18	-60.53	-34.95	-46.59	-25.58	-25.2	-23.87
Net Debt/Capital (%)	-139.39	-148.57	-151.12	-153.38	-53.73	-87.22	-34.07	-33.4	-31.12
EBITDA	- -	7	14	84	59	13	3	18	22
EBITDA-CapEx	- -	3	4	62	27	-19	-25	-13	-15
Operating Income (Loss)	- -	4	8	77	-66	-99	-12	-8	-3

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	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	0.85	0.98	0.96	1.07	3.63	3.95	1.63	1.72	1.16
Current Ratio	1.64	1.73	1.61	1.47	4.8	4.93	2.27	2.48	1.78
Quick Ratio	0.85	0.98	0.96	1.07	3.63	3.95	1.63	1.72	1.16
CFO/Avg Current Liab	- -	1.01	1.22	2.69	-0.53	1.33	0.51	0.88	1.07
Common Equity/Total Assets	59.36	61.86	61.1	63.19	87.72	87.64	80.34	82.26	79.59
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	0.55	0.53	0.39
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	0.55	0.53	0.39
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	0.44	0.44	0.31
Total Debt/Equity (%)	- -	- -	- -	0.34	- -	- -	0.65	0.67	0.57
Total Debt/Capital (%)	- -	- -	- -	0.33	- -	- -	0.65	0.66	0.57
Total Debt/Total Assets (%)	- -	- -	- -	0.21	- -	- -	0.52	0.55	0.46
CFO/Total Liabilities	- -	91.16	95.18	173.42	-49.76	120.53	30.25	61.86	75.28
CFO/CapEx	- -	1.52	1.32	3.26	-0.54	0.89	0.42	0.73	0.82
Altman's Z-Score	- -	- -	- -	- -	22.57	7.6	4.03	4.93	5.17

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	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	- -	8.08	8.37	17.59	6.19	14.43	53.26	93.85	68.12
Days Sales Outstanding	- -	45.2	43.62	20.75	58.98	25.29	6.85	3.89	5.36
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

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	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	- -	- -	- -	- -	1,221	314	110	139	148
- Cash & Cash Equivalents	5	7	12	44	86	79	40	42	37
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	1	1	1
Enterprise Value	- -	- -	- -	- -	1,135	234	69	98	112
Total Capital	9	12	21	72	247	171	159	166	154
Total Debt/Capital (%)	- -	- -	- -	0.33	- -	- -	0.65	0.66	0.57
Total Debt / EV	- -	- -	- -	- -	- -	- -	0.01	0.01	0.01
EV/Sales	- -	- -	- -	- -	11.56	1.74	0.75	0.94	1.04
EV/EBITDA	- -	- -	- -	- -	19.12	17.66	25.34	5.42	5.19
EV/EBIT	- -	- -	- -	- -	22.69	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	1,128	340	110	140	153
Diluted Enterprise Value	- -	- -	- -	- -	1,041	261	69	99	117
EV per Share	- -	- -	- -	- -	2.57	0.57	0.16	0.22	0.24
TTM Sales	- -	42	59	213	98	135	92	105	108
TTM EBITDA	- -	7	14	84	59	13	3	18	22
TTM Operating Income	- -	4	8	77	-66	-99	-12	-8	-3
TTM Cash Flow to Firm	- -	7	13	72	-17	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	2	3	50	-49	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	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	- -	- -	- -	- -	-22.92	-95.82	-6.82	-16.6	-23.27
EV/EBIT	- -	- -	- -	- -	22.69	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	1,135	234	69	98	112
Low Price	- -	- -	- -	- -	2.32	0.6	0.18	0.23	0.24
EV/Sales	- -	- -	- -	- -	11.56	1.74	0.75	0.94	1.04
EV/EBITDA	- -	- -	- -	- -	19.12	17.66	25.34	5.42	5.19
Price/Earnings	- -	- -	- -	- -	33.99	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	30.78	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	35.05	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	28.54	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	4.95	1.84	0.7	0.84	0.96
Price/Book Value Average	- -	- -	- -	- -	4.48	3.47	0.97	0.91	0.92
Price/Book Value High	- -	- -	- -	- -	5.1	7.22	2.21	1.47	1.13
Price/Book Value Low	- -	- -	- -	- -	4.15	1.43	0.5	0.62	0.72
Price/Tangible Book Value	- -	- -	- -	- -	14.86	3.66	3.65	4.06	8.32
Price/Tangible Book Value Average	- -	- -	- -	- -	13.45	6.93	5.1	4.39	7.91
Price/Tangible Book Value High	- -	- -	- -	- -	15.32	14.38	11.57	7.11	9.74
Price/Tangible Book Value Low	- -	- -	- -	- -	12.48	2.86	2.62	3.01	6.22
Price/Sales	- -	- -	- -	- -	10.58	2.53	1.2	1.34	1.42
Price/Sales Average	- -	- -	- -	- -	9.58	4.79	1.67	1.44	1.35
Price/Sales High	- -	- -	- -	- -	10.91	9.94	3.79	2.34	1.66
Price/Sales Low	- -	- -	- -	- -	8.88	1.98	0.86	0.99	1.06
Price/Cash Flow	- -	- -	- -	- -	-60.24	11.67	9.42	6.29	5.13
Price/Cash Flow Average	- -	- -	- -	- -	-54.55	22.09	13.14	6.8	4.88
Price/Cash Flow High	- -	- -	- -	- -	-62.13	45.88	29.81	11.01	6
Price/Cash Flow Low	- -	- -	- -	- -	-50.59	9.12	6.75	4.66	3.84
Price/Free Cash Flow Average	- -	- -	- -	- -	-20.75	-181.32	-9.51	-17.94	-22.12
Price/Free Cash Flow High	- -	- -	- -	- -	-23.64	-376.59	-21.58	-29.04	-27.22
Price/Free Cash Flow Low	- -	- -	- -	- -	-19.25	-74.83	-4.89	-12.3	-17.4
EV/Sales Average	- -	- -	- -	- -	10.39	3.82	1.22	1.04	0.97
EV/Sales High	- -	- -	- -	- -	11.95	8.56	3.34	1.93	1.27
EV/Sales Low	- -	- -	- -	- -	9.57	1.23	0.41	0.59	0.69
EV/EBITDA Average	- -	- -	- -	- -	17.18	38.77	41.34	6.05	4.85
EV/EBITDA High	- -	- -	- -	- -	19.76	87	112.97	11.2	6.36
EV/EBITDA Low	- -	- -	- -	- -	15.82	12.47	13.88	3.43	3.46
EV/EBIT Average	- -	- -	- -	- -	20.38	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	23.45	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	18.78	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	2.76	0.77	0.25	0.31	0.32
High Price	- -	- -	- -	- -	2.85	3.02	0.79	0.54	0.38
Enterprise Value Average	- -	- -	- -	- -	1,019	514	113	109	105
Enterprise Value High	- -	- -	- -	- -	1,173	1,153	308	202	137
Enterprise Value Low	- -	- -	- -	- -	939	165	38	62	75

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	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	442	442	442	442	442	408	445	454	458
Diluted Weighted Avg Shares	442	442	442	442	408	443	445	457	475
Basic Weighted Avg Shares	442	442	442	442	376	443	445	457	475
Revenue per Share	- -	0.1	0.13	0.48	0.26	0.3	0.21	0.23	0.23
EBITDA per Share	- -	0.02	0.03	0.19	0.16	0.03	0.01	0.04	0.05
Operating Income per Share	- -	0.01	0.02	0.17	-0.18	-0.22	-0.03	-0.02	-0.01
Basic EPS, GAAP	- -	0.01	0.02	0.14	0.08	-0.21	-0.03	-0.01	-0.03
Basic EPS from Cont Ops	- -	0.01	0.02	0.14	0.08	-0.21	-0.03	-0.01	-0.03
Diluted EPS, GAAP	- -	0.01	0.02	0.14	0.07	-0.21	-0.03	-0.01	-0.03
Diluted EPS from Cont Ops	- -	0.01	0.02	0.14	0.07	-0.21	-0.03	-0.01	-0.03
Dividend per Share	- -	- -	- -	0.02	0.08	- -	- -	- -	- -
Cash Flow per Share	- -	0.02	0.03	0.16	-0.05	0.07	0.03	0.05	0.06
Free Cash Flow per Basic Share	- -	0.01	0.01	0.11	-0.13	-0.01	-0.04	-0.02	-0.01
Cash & Equivalents per Share	0.01	0.02	0.03	0.1	0.19	0.19	0.09	0.09	0.08
Book Value per Share	0.02	0.03	0.05	0.16	0.56	0.42	0.36	0.36	0.34
Tangible Book Value per Share	0.01	0.01	0.02	0.04	0.19	0.21	0.07	0.08	0.04