NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B Financial Ratios — NEWTP

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	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	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 (%)	- -	134.69	67.12	- -	- -	416.49	198.09	111.65	126.16	122.28	285.48	112.7	184.76	113.43	75.62
Return on Assets (%)	2.26	3.99	4.29	- -	10.92	7.24	8.46	6.08	5.67	4.1	8.87	3.14	3.9	2.91	2.52
Return on Capital (%)	- -	11.99	7.68	- -	32.37	21.53	23.05	16.64	14.29	- -	16.82	5.95	- -	6.82	6.88
Return on Invested Capital (%)	- -	6.89	5.5	- -	-0.18	-0.19	0.19	1.48	1.6	- -	- -	- -	- -	- -	- -
Gross Margin (%)	22.24	24.71	26.66	- -	79.55	76.28	74.8	72.86	83.89	100	100	100	100	100	100
EBITDA Margin (%)	13.77	14.41	15.69	- -	-0.38	-0.82	1.68	11.58	14	- -	0.21	0.23	1.56	0.75	0.25
Operating Margin (%)	10.37	11.99	13.28	- -	-0.9	-1.28	1.15	10.95	13.44	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	226.07	32.52	27.99	13.28	- -	- -	13.8	669.62	30.84	86.26	- -	- -	- -	- -	- -
Pretax Margin (%)	1.74	7.52	8.11	- -	58.67	50.5	53.76	47.31	49.89	43.52	57.84	36.87	24.52	28.89	29.96
Profit Margin (%)	2.87	4.5	5.51	- -	57.3	42.52	50.91	45.92	46.33	44.85	56.94	30.72	25.57	21.39	22.66
Net Income to Common Margin (%)	2.87	4.5	5.51	- -	57.3	42.52	50.91	45.92	46.33	44.85	56.94	30.72	24.79	20.72	21.79
Effective Tax Rate (%)	- -	41.13	35.4	- -	2.34	15.81	5.29	2.93	7.14	- -	1.55	16.67	- -	25.97	24.34
Dvd Payout Ratio (%)	- -	- -	- -	- -	42.29	99.98	72.35	90.9	99.11	126.66	83.36	199.76	27.67	37.87	44.19
Sustainable Growth Rate (%)	- -	134.69	67.12	- -	- -	0.08	54.78	10.15	1.12	-32.6	47.49	-112.43	133.64	70.48	42.2

Credit (USD)

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	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	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	57	71	207	125	133	174	219	334	442	460	481	547	651	715	823
ST Debt	- -	- -	101	- -	- -	- -	- -	- -	- -	- -	- -	94	61	98	218
LT Debt	57	71	106	125	133	174	219	334	442	460	481	454	590	616	604
Total Debt/EBITDA	3.55	3.94	9.66	- -	-559.91	-331.84	170.27	37.12	35.54	- -	1,582.59	2,289.95	225.75	400.53	1,231.68
Net Debt/EBITDA	2.85	3.11	9.05	- -	-547.02	-325.71	168.05	36.96	34.84	- -	-7.88	2,031.94	170.26	198.93	802.51
Total Debt/EBIT	4.72	4.73	11.41	- -	-235.7	-212.05	247.88	39.23	37.03	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	3.79	3.74	10.69	- -	-230.27	-208.13	244.65	39.06	36.3	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	4.69	4.02	3.65	- -	-0.04	-0.06	0.11	0.56	0.61	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	4.25	3.35	3.31	- -	-0.05	-0.11	0.07	0.52	0.6	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	3.53	3.35	3.09	- -	-0.09	-0.1	0.08	0.53	0.58	- -	- -	- -	- -	- -	- -
Interest Expense	3	4	6	- -	6	8	11	16	20	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	0.49	5.07	7.39	-0.77	1.34	2.09	5.96	5.04	4.05	2.7	3.43	2.11	2	2.83	3.48
Long-Term Debt/Equity (%)	96.16	103.33	137.18	74.98	65.06	83.16	78.55	116.14	137.12	135.69	119.12	120.82	236.83	208.01	151.99
Long-Term Debt/Capital (%)	96.91	87.9	47.3	101.89	96.56	95.4	87.59	91.02	93.19	95.3	93	79.79	84.34	77.76	62.52
Long-Term Debt/Total Assets (%)	43.82	46.61	53.19	41.34	37.65	43.31	42.08	51.1	55.41	54.76	45.54	45.4	41.26	29.92	22.02
Total Debt/Equity (%)	96.16	103.33	268.8	74.98	65.06	83.16	78.55	116.14	137.12	135.69	119.12	145.81	261.43	241.17	206.95
Total Debt/Capital (%)	96.91	87.9	92.68	101.89	96.56	95.4	87.59	91.02	93.19	95.3	93	96.29	93.1	90.15	85.13
Total Debt/Total Assets (%)	43.82	46.61	104.22	41.34	37.65	43.31	42.08	51.1	55.41	54.76	45.54	54.79	45.55	34.69	29.98
Net Debt to Equity	77.22	81.76	251.72	64.64	63.57	81.62	77.53	115.64	134.44	-0.61	-0.59	129.38	197.17	119.78	134.84
Net Debt/Capital (%)	96.18	84.37	91.94	102.81	97.39	94.7	87.31	91.2	91.71	-0.43	-0.47	94.35	89.89	80.76	78.52
EBITDA	16	18	21	- -	- -	-1	1	9	12	- -	- -	- -	3	2	1
EBITDA-CapEx	15	15	19	- -	- -	-1	1	8	12	- -	- -	- -	2	1	1
Operating Income (Loss)	12	15	18	- -	-1	-1	1	9	12	- -	- -	- -	- -	- -	- -

Liquidity (USD)

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	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	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	1.63	2.71	1.4	2.56	0.35	0.23	0.24	0.16	0.12	- -	- -	- -	- -	- -	- -
Current Ratio	4.97	9.17	6.11	4.84	5.08	3.14	3.09	5.19	5.89	- -	- -	- -	- -	- -	- -
Quick Ratio	3.23	7.65	4.22	2.95	3.22	0.89	1.31	3.24	3.77	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	0.98	-0.63	0.69	- -	-3.72	-1.31	-7.51	-5.88	-5.98	2.39	- -	- -	- -	- -	- -
Common Equity/Total Assets	0.49	5.07	7.39	-0.77	1.34	2.09	5.96	5.04	4.05	2.7	3.43	2.11	2	2.83	3.48
Long-Term Debt/Equity (%)	96.16	103.33	137.18	74.98	65.06	83.16	78.55	116.14	137.12	135.69	119.12	120.82	236.83	208.01	151.99
Long-Term Debt/Capital (%)	96.91	87.9	47.3	101.89	96.56	95.4	87.59	91.02	93.19	95.3	93	79.79	84.34	77.76	62.52
Long-Term Debt/Total Assets (%)	43.82	46.61	53.19	41.34	37.65	43.31	42.08	51.1	55.41	54.76	45.54	45.4	41.26	29.92	22.02
Total Debt/Equity (%)	96.16	103.33	268.8	74.98	65.06	83.16	78.55	116.14	137.12	135.69	119.12	145.81	261.43	241.17	206.95
Total Debt/Capital (%)	96.91	87.9	92.68	101.89	96.56	95.4	87.59	91.02	93.19	95.3	93	96.29	93.1	90.15	85.13
Total Debt/Total Assets (%)	43.82	46.61	104.22	41.34	37.65	43.31	42.08	51.1	55.41	54.76	45.54	54.79	45.55	34.69	29.98
CFO/Total Liabilities	16.14	-5.19	4.09	- -	-25.56	-7.33	-30.23	-20.13	-18.72	3.54	21.59	-10.01	-14.33	-8.68	-24.68
CFO/CapEx	7.61	-1.43	2.45	- -	-361.44	-37.6	-163.53	-117.49	-706.01	1,776.3	- -	-5,674.36	-369.47	-348.55	-5,464.54
Altman's Z-Score	1.68	1.72	1.47	0.11	0.36	0.24	0.28	0.35	0.33	0.13	0.19	0.13	0.16	0.16	0.15

Working Capital (USD)

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	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	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	9.96	6.1	5.13	- -	3.87	3.72	13.99	3.04	1.89	2.93	- -	- -	4.96	3.69	5.75
Days Sales Outstanding	36.65	59.84	71.21	- -	94.21	98	26.08	120.17	192.77	124.59	- -	- -	73.56	98.92	63.53
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	3.4	8.1	7.73	- -	4.4	1.55	1.25	1.01	0.62	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	107.43	45.06	47.2	- -	83.03	236.07	291.08	362.6	584.88	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	-70.78	14.78	24.01	- -	11.18	-138.07	-265	-242.44	-392.11	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	36.65	59.84	71.21	- -	94.21	98	26.08	120.17	192.77	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	11	14	13	18	4	2	2	2	2	2	2	54	153	353	284
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	20	20	48
+ Minority/Non Controlling Interest	1	2	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	57	71	207	125	133	174	219	334	442	460	481	547	651	715	823
Enterprise Value	45	58	196	104	128	172	216	332	440	458	479	494	516	381	587
Total Capital	59	81	223	122	137	182	250	367	474	483	517	568	699	793	967
Total Debt/Capital (%)	96.91	87.9	92.68	101.89	96.56	95.4	87.59	91.02	93.19	95.3	93	96.29	93.1	90.15	85.13
Total Debt / EV	1.27	1.22	1.06	1.2	1.03	1.01	1.01	1.01	1	1	1.01	1.11	1.26	1.87	1.4
EV/Sales	0.38	0.46	1.44	- -	2.06	2.68	2.82	4.27	4.96	6.12	3.24	4.69	2.79	1.6	2.2
EV/EBITDA	2.79	3.21	9.16	- -	- -	- -	168.35	36.86	35.39	- -	1,574.71	2,065.3	179.02	213.64	878.94
EV/EBIT	3.7	3.86	10.82	- -	- -	- -	245.08	38.96	36.88	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	2.65	- -	22.39	- -	- -	- -	- -	- -	- -	25.81	3.4	- -	- -	- -	- -
EV/Free Cash Flow to Firm	2.44	43.14	18.17	- -	- -	- -	- -	- -	- -	25.79	3.4	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	47	59	196	107	128	172	216	332	440	458	479	494	518	381	587
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	116	126	137	- -	62	64	77	78	89	75	148	105	185	238	267
TTM EBITDA	16	18	21	- -	- -	-1	1	9	12	- -	- -	- -	3	2	1
TTM Operating Income	12	15	18	- -	-1	-1	1	9	12	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	17	-2	9	- -	-32	-7	-62	-58	-70	18	141	-62	-169	-153	-579
TTM Free Cash Flow to Firm	18	1	11	- -	-32	-7	-62	-57	-70	18	141	-62	-169	-153	-579

Multiples (USD)

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	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	3.7	3.86	10.82	- -	- -	- -	245.08	38.96	36.88	- -	- -	- -	- -	- -	- -
Enterprise Value	45	58	196	104	128	172	216	332	440	458	479	494	516	381	587
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	22.51
EV/Sales	0.38	0.46	1.44	- -	2.06	2.68	2.82	4.27	4.96	6.12	3.24	4.69	2.79	1.6	2.2
EV/EBITDA	2.79	3.21	9.16	- -	- -	- -	168.35	36.86	35.39	- -	1,574.71	2,065.3	179.02	213.64	878.94
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	0.4	0.47	1.44	- -	2.06	2.68	2.82	4.27	4.96	6.12	3.24	4.69	2.8	1.6	2.2
EV/Sales High	0.4	0.47	1.44	- -	2.06	2.68	2.82	4.27	4.96	6.12	3.24	4.69	2.8	1.6	2.2
EV/Sales Low	0.4	0.47	1.44	- -	2.06	2.68	2.82	4.27	4.96	6.12	3.24	4.69	2.8	1.6	2.2
EV/EBITDA Average	2.93	3.26	9.16	- -	-541.73	-327.92	168.35	36.87	35.39	- -	1,574.71	2,065.3	179.52	213.64	878.94
EV/EBITDA High	2.93	3.26	9.16	- -	-541.73	-327.92	168.35	36.87	35.39	- -	1,574.71	2,065.3	179.52	213.64	878.94
EV/EBITDA Low	2.93	3.26	9.16	- -	-541.73	-327.92	168.35	36.87	35.39	- -	1,574.71	2,065.3	179.52	213.64	878.94
EV/EBIT Average	3.89	3.92	10.82	- -	-228.05	-209.55	245.09	38.96	36.88	- -	- -	- -	- -	- -	- -
EV/EBIT High	3.89	3.92	10.82	- -	-228.05	-209.55	245.09	38.96	36.88	- -	- -	- -	- -	- -	- -
EV/EBIT Low	3.89	3.92	10.82	- -	-228.05	-209.55	245.09	38.96	36.88	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	23.05
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	24.85
Enterprise Value Average	47	59	196	107	128	172	216	332	440	458	479	494	518	381	587
Enterprise Value High	47	59	196	107	128	172	216	332	440	458	479	494	518	381	587
Enterprise Value Low	47	59	196	107	128	172	216	332	440	458	479	494	518	381	587

Shares Outstanding	7	7	7	10	15	15	18	19	21	22	24	25	25	26	29
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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)