Toast, Inc.

TOST

TOSTToast, Inc. US flag

New York Stock Exchange

25.07

USD

-1.28

- -

14.54BMarket Cap

Profitability (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-45.85	-38.79	-15.73	-13.23	0.87	12.32
Return on Capital (%)	- -	- -	- -	- -	- -	-1.2	-24.24
Return on Invested Capital (%)	- -	- -	- -	- -	- -	3.82	16.19
Gross Margin (%)	9.32	17.01	18.42	18.71	21.58	23.99	25.89
EBITDA Margin (%)	-30.98	-23.45	-12.14	-13.18	-6.6	2.18	5.98
Operating Margin (%)	-32.03	-26.73	-13.37	-14.06	-7.43	1.25	4.94
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	31.87	20.28
Pretax Margin (%)	-31.88	-30.13	-28.74	-10.14	-6.31	0.44	5.62
Profit Margin (%)	-31.43	-30.13	-28.56	-10.07	-6.36	0.38	5.56
Net Income to Common Margin (%)	-31.43	-30.13	-28.56	-10.07	-6.36	0.38	5.56
Effective Tax Rate (%)	- -	- -	- -	- -	- -	13.64	1.16
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	9	172	99	94	44	24	20
ST Debt	9	- -	22	14	11	- -	- -
LT Debt	- -	172	77	80	33	24	20
Total Debt/EBITDA	-0.04	-0.89	-0.48	-0.26	-0.17	0.22	0.05
Net Debt/EBITDA	0.69	2.12	3.91	1.52	2.37	-8.36	-3.68
Total Debt/EBIT	-0.04	-0.78	-0.43	-0.24	-0.15	0.39	0.07
Net Debt/EBIT	0.66	1.86	3.55	1.42	2.11	-14.56	-4.45
EBITDA to Interest Expense	- -	-16.08	-17.25	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	-18.42	-18.25	- -	- -	- -	- -
EBIT to Interest Expense	- -	-18.33	-19	- -	- -	- -	- -
Interest Expense	- -	12	12	- -	- -	- -	- -
Common Equity/Total Assets	-126.22	-79.38	-63.52	-78.19	-82.89	-66.61	-40.13
Long-Term Debt/Equity (%)	- -	- -	7.06	7.29	2.76	1.55	0.94
Long-Term Debt/Capital (%)	- -	-38.74	-7.68	-6.24	-2.09	-1.52	-1.61
Long-Term Debt/Total Assets (%)	- -	22.16	4.44	4.54	1.69	1	0.64
Total Debt/Equity (%)	-2.79	-36.52	9.07	8.56	3.69	1.55	0.94
Total Debt/Capital (%)	-2.45	-38.74	-9.87	-7.33	-2.79	-1.52	-1.61
Total Debt/Total Assets (%)	3.02	22.16	5.71	5.34	2.25	1	0.64
Net Debt to Equity	42.72	87.05	-74.15	-49.82	-50.67	-58.45	-63.7
Net Debt/Capital (%)	26.78	39.96	44.65	29.89	27.7	36.37	52.14
EBITDA	-206	-193	-207	-360	-255	108	368
EBITDA-CapEx	-215	-221	-219	-376	-255	108	368
Operating Income (Loss)	-213	-220	-228	-384	-287	62	304

Liquidity (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	1.08	4.28	3.6	2.06	1.7	1.75	2.05
Current Ratio	1.64	4.95	4.22	2.84	2.37	2.44	2.75
Quick Ratio	1.4	4.52	3.75	2.28	1.8	1.89	2.19
CFO/Avg Current Liab	- -	-0.91	0.01	-0.37	0.23	0.49	0.74
Common Equity/Total Assets	-126.22	-79.38	-63.52	-78.19	-82.89	-66.61	-40.13
Long-Term Debt/Equity (%)	- -	- -	7.06	7.29	2.76	1.55	0.94
Long-Term Debt/Capital (%)	- -	-38.74	-7.68	-6.24	-2.09	-1.52	-1.61
Long-Term Debt/Total Assets (%)	- -	22.16	4.44	4.54	1.69	1	0.64
Total Debt/Equity (%)	-2.79	-36.52	9.07	8.56	3.69	1.55	0.94
Total Debt/Capital (%)	-2.45	-38.74	-9.87	-7.33	-2.79	-1.52	-1.61
Total Debt/Total Assets (%)	3.02	22.16	5.71	5.34	2.25	1	0.64
CFO/Total Liabilities	-19.81	-10.02	0.31	-23.53	17.67	41.71	64.74
CFO/CapEx	-14	-4.46	0.17	-9.75	- -	- -	- -
Altman's Z-Score	-1.86	-0.17	9.83	8.74	8.58	16.06	14.61

Working Capital (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	- -	104.91	136.4	84.03	75.78	63.59	60.92
Days Sales Outstanding	- -	3.48	2.68	4.34	4.82	5.74	5.99
Inventory Turnover	- -	39.73	45.61	29.21	26.59	31.95	39.31
Days Inventory Outstanding	- -	9.19	8	12.5	13.73	11.42	9.29
Accounts Payable Turnover	- -	22.32	40.4	65.37	98.03	109.28	108.48
Accounts Payable Turnover Days	- -	16.35	9.03	5.58	3.72	3.34	3.36
Cash Conversion Cycle	- -	-3.69	1.64	11.26	14.82	13.82	11.91
Inventory to Cash Days	- -	-5.71	-5.33	-8.15	-8.91	-5.68	-3.29
Inventories	15	19	42	110	118	118	114
Raw Materials	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -
Finished Goods	17	23	42	- -	- -	- -	- -
Other Inventory	- -	1	3	123	118	118	114

Enterprise Value (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	- -	- -	10,051	9,227	9,714	20,376	20,667
- Cash & Cash Equivalents	150	582	809	547	605	903	1,353
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	9	172	99	94	44	24	20
Enterprise Value	-141	-410	8,884	8,300	8,634	18,983	18,696
Total Capital	-377	-444	-1,003	-1,283	-1,579	-1,580	-1,242
Total Debt/Capital (%)	-2.45	-38.74	-9.87	-7.33	-2.79	-1.52	-1.61
Total Debt / EV	-0.07	-0.42	0.01	0.01	0.01	- -	- -
EV/Sales	- -	- -	5.21	3.04	2.23	3.83	3.04
EV/EBITDA	- -	- -	- -	- -	- -	175.76	50.8
EV/EBIT	- -	- -	- -	- -	- -	306.17	61.5
EV/Cash Flow to Firm	- -	- -	637.95	- -	63.96	52.73	28.28
EV/Free Cash Flow to Firm	- -	- -	342.68	- -	63.96	52.73	28.28
Diluted Market Cap	- -	- -	10,051	9,236	9,733	21,542	21,555
Diluted Enterprise Value	-141	-410	9,341	8,783	9,172	20,663	20,222
EV per Share	- -	- -	30.68	16.22	16.23	33.96	32.12
TTM Sales	665	823	1,705	2,731	3,865	4,960	6,153
TTM EBITDA	-206	-193	-207	-360	-255	108	368
TTM Operating Income	-213	-220	-228	-384	-287	62	304
TTM Cash Flow to Firm	-126	-113	14	-156	135	360	661
TTM Free Cash Flow to Firm	-117	-85	26	-140	135	360	661

Multiples (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	- -	- -	717.96	-65.97	72.09	59.84	32.61
EV/EBIT	- -	- -	- -	- -	- -	306.17	61.5
Enterprise Value	-141	-410	8,884	8,300	8,634	18,983	18,696
Low Price	- -	- -	30.69	11.91	13.76	16.13	28.12
EV/Sales	- -	- -	5.21	3.04	2.23	3.83	3.04
EV/EBITDA	- -	- -	- -	- -	- -	175.76	50.8
Price/Earnings	- -	- -	- -	- -	- -	1,072.4	60.43
Price/Earnings Average	- -	- -	-28.01	-35.01	-42.05	777.16	66.5
Price/Earnings High	- -	- -	-41.58	-66.16	-58.39	1,298.06	84.51
Price/Earnings Low	- -	- -	-18.25	-22.16	-29.77	474.56	47.85
Price/Book Value	- -	- -	-9.12	-6.7	-5.99	-12.7	-16.38
Price/Book Value Average	- -	- -	-12.38	-6.99	-6.37	-9.21	-18.02
Price/Book Value High	- -	- -	-18.38	-13.21	-8.85	-15.38	-22.9
Price/Book Value Low	- -	- -	-8.06	-4.43	-4.51	-5.62	-12.97
Price/Tangible Book Value	- -	- -	10.04	9.59	9.21	14.43	10.35
Price/Tangible Book Value Average	- -	- -	13.63	10.01	9.81	10.46	11.39
Price/Tangible Book Value High	- -	- -	20.23	18.91	13.62	17.47	14.47
Price/Tangible Book Value Low	- -	- -	8.88	6.34	6.94	6.39	8.2
Price/Sales	- -	- -	5.9	3.38	2.51	4.11	3.36
Price/Sales Average	- -	- -	8	3.53	2.68	2.98	3.7
Price/Sales High	- -	- -	11.88	6.66	3.72	4.97	4.7
Price/Sales Low	- -	- -	5.21	2.23	1.89	1.82	2.66
Price/Cash Flow	- -	- -	5,025.73	-59.15	71.96	56.6	31.27
Price/Cash Flow Average	- -	- -	6,819.95	-61.71	76.63	41.02	34.4
Price/Cash Flow High	- -	- -	10,125.3	-116.62	106.4	68.51	43.72
Price/Cash Flow Low	- -	- -	4,443.67	-39.07	54.24	25.05	24.76
Price/Free Cash Flow Average	- -	- -	974.28	-68.83	76.77	43.36	35.88
Price/Free Cash Flow High	- -	- -	1,446.47	-130.07	106.6	72.43	45.6
Price/Free Cash Flow Low	- -	- -	634.81	-43.58	54.35	26.48	25.82
EV/Sales Average	- -	- -	7.58	3.36	2.53	2.8	3.48
EV/Sales High	- -	- -	11.46	6.5	3.57	4.8	4.48
EV/Sales Low	- -	- -	4.8	2.07	1.75	1.64	2.44
EV/EBITDA Average	0.69	2.12	-62.46	-25.48	-38.37	128.58	58.18
EV/EBITDA High	0.69	2.12	-94.4	-49.28	-54.13	220.22	74.92
EV/EBITDA Low	0.69	2.12	-39.5	-15.67	-26.52	75.35	40.85
EV/EBIT Average	0.66	1.86	-56.71	-23.89	-34.09	223.98	70.42
EV/EBIT High	0.66	1.86	-85.7	-46.2	-48.09	383.61	90.69
EV/EBIT Low	0.66	1.86	-35.87	-14.69	-23.56	131.25	49.45
Last Price	- -	- -	34.71	18.03	18.26	36.45	35.51
High Price	- -	- -	69.93	35.55	27	44.12	49.66
Enterprise Value Average	-141	-410	12,930	9,174	9,783	13,887	21,408
Enterprise Value High	-141	-410	19,541	17,740	13,803	23,784	27,569
Enterprise Value Low	-141	-410	8,177	5,642	6,762	8,138	15,033

Profitability (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-45.85	-38.79	-15.73	-13.23	0.87	12.32
Return on Capital (%)	- -	- -	- -	- -	- -	-1.2	-24.24
Return on Invested Capital (%)	- -	- -	- -	- -	- -	3.82	16.19
Gross Margin (%)	9.32	17.01	18.42	18.71	21.58	23.99	25.89
EBITDA Margin (%)	-30.98	-23.45	-12.14	-13.18	-6.6	2.18	5.98
Operating Margin (%)	-32.03	-26.73	-13.37	-14.06	-7.43	1.25	4.94
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	31.87	20.28
Pretax Margin (%)	-31.88	-30.13	-28.74	-10.14	-6.31	0.44	5.62
Profit Margin (%)	-31.43	-30.13	-28.56	-10.07	-6.36	0.38	5.56
Net Income to Common Margin (%)	-31.43	-30.13	-28.56	-10.07	-6.36	0.38	5.56
Effective Tax Rate (%)	- -	- -	- -	- -	- -	13.64	1.16
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	9	172	99	94	44	24	20
ST Debt	9	- -	22	14	11	- -	- -
LT Debt	- -	172	77	80	33	24	20
Total Debt/EBITDA	-0.04	-0.89	-0.48	-0.26	-0.17	0.22	0.05
Net Debt/EBITDA	0.69	2.12	3.91	1.52	2.37	-8.36	-3.68
Total Debt/EBIT	-0.04	-0.78	-0.43	-0.24	-0.15	0.39	0.07
Net Debt/EBIT	0.66	1.86	3.55	1.42	2.11	-14.56	-4.45
EBITDA to Interest Expense	- -	-16.08	-17.25	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	-18.42	-18.25	- -	- -	- -	- -
EBIT to Interest Expense	- -	-18.33	-19	- -	- -	- -	- -
Interest Expense	- -	12	12	- -	- -	- -	- -
Common Equity/Total Assets	-126.22	-79.38	-63.52	-78.19	-82.89	-66.61	-40.13
Long-Term Debt/Equity (%)	- -	- -	7.06	7.29	2.76	1.55	0.94
Long-Term Debt/Capital (%)	- -	-38.74	-7.68	-6.24	-2.09	-1.52	-1.61
Long-Term Debt/Total Assets (%)	- -	22.16	4.44	4.54	1.69	1	0.64
Total Debt/Equity (%)	-2.79	-36.52	9.07	8.56	3.69	1.55	0.94
Total Debt/Capital (%)	-2.45	-38.74	-9.87	-7.33	-2.79	-1.52	-1.61
Total Debt/Total Assets (%)	3.02	22.16	5.71	5.34	2.25	1	0.64
Net Debt to Equity	42.72	87.05	-74.15	-49.82	-50.67	-58.45	-63.7
Net Debt/Capital (%)	26.78	39.96	44.65	29.89	27.7	36.37	52.14
EBITDA	-206	-193	-207	-360	-255	108	368
EBITDA-CapEx	-215	-221	-219	-376	-255	108	368
Operating Income (Loss)	-213	-220	-228	-384	-287	62	304

Liquidity (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	1.08	4.28	3.6	2.06	1.7	1.75	2.05
Current Ratio	1.64	4.95	4.22	2.84	2.37	2.44	2.75
Quick Ratio	1.4	4.52	3.75	2.28	1.8	1.89	2.19
CFO/Avg Current Liab	- -	-0.91	0.01	-0.37	0.23	0.49	0.74
Common Equity/Total Assets	-126.22	-79.38	-63.52	-78.19	-82.89	-66.61	-40.13
Long-Term Debt/Equity (%)	- -	- -	7.06	7.29	2.76	1.55	0.94
Long-Term Debt/Capital (%)	- -	-38.74	-7.68	-6.24	-2.09	-1.52	-1.61
Long-Term Debt/Total Assets (%)	- -	22.16	4.44	4.54	1.69	1	0.64
Total Debt/Equity (%)	-2.79	-36.52	9.07	8.56	3.69	1.55	0.94
Total Debt/Capital (%)	-2.45	-38.74	-9.87	-7.33	-2.79	-1.52	-1.61
Total Debt/Total Assets (%)	3.02	22.16	5.71	5.34	2.25	1	0.64
CFO/Total Liabilities	-19.81	-10.02	0.31	-23.53	17.67	41.71	64.74
CFO/CapEx	-14	-4.46	0.17	-9.75	- -	- -	- -
Altman's Z-Score	-1.86	-0.17	9.83	8.74	8.58	16.06	14.61

Working Capital (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	- -	104.91	136.4	84.03	75.78	63.59	60.92
Days Sales Outstanding	- -	3.48	2.68	4.34	4.82	5.74	5.99
Inventory Turnover	- -	39.73	45.61	29.21	26.59	31.95	39.31
Days Inventory Outstanding	- -	9.19	8	12.5	13.73	11.42	9.29
Accounts Payable Turnover	- -	22.32	40.4	65.37	98.03	109.28	108.48
Accounts Payable Turnover Days	- -	16.35	9.03	5.58	3.72	3.34	3.36
Cash Conversion Cycle	- -	-3.69	1.64	11.26	14.82	13.82	11.91
Inventory to Cash Days	- -	-5.71	-5.33	-8.15	-8.91	-5.68	-3.29
Inventories	15	19	42	110	118	118	114
Raw Materials	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -
Finished Goods	17	23	42	- -	- -	- -	- -
Other Inventory	- -	1	3	123	118	118	114

Enterprise Value (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	- -	- -	10,051	9,227	9,714	20,376	20,667
- Cash & Cash Equivalents	150	582	809	547	605	903	1,353
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	9	172	99	94	44	24	20
Enterprise Value	-141	-410	8,884	8,300	8,634	18,983	18,696
Total Capital	-377	-444	-1,003	-1,283	-1,579	-1,580	-1,242
Total Debt/Capital (%)	-2.45	-38.74	-9.87	-7.33	-2.79	-1.52	-1.61
Total Debt / EV	-0.07	-0.42	0.01	0.01	0.01	- -	- -
EV/Sales	- -	- -	5.21	3.04	2.23	3.83	3.04
EV/EBITDA	- -	- -	- -	- -	- -	175.76	50.8
EV/EBIT	- -	- -	- -	- -	- -	306.17	61.5
EV/Cash Flow to Firm	- -	- -	637.95	- -	63.96	52.73	28.28
EV/Free Cash Flow to Firm	- -	- -	342.68	- -	63.96	52.73	28.28
Diluted Market Cap	- -	- -	10,051	9,236	9,733	21,542	21,555
Diluted Enterprise Value	-141	-410	9,341	8,783	9,172	20,663	20,222
EV per Share	- -	- -	30.68	16.22	16.23	33.96	32.12
TTM Sales	665	823	1,705	2,731	3,865	4,960	6,153
TTM EBITDA	-206	-193	-207	-360	-255	108	368
TTM Operating Income	-213	-220	-228	-384	-287	62	304
TTM Cash Flow to Firm	-126	-113	14	-156	135	360	661
TTM Free Cash Flow to Firm	-117	-85	26	-140	135	360	661

Multiples (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	- -	- -	717.96	-65.97	72.09	59.84	32.61
EV/EBIT	- -	- -	- -	- -	- -	306.17	61.5
Enterprise Value	-141	-410	8,884	8,300	8,634	18,983	18,696
Low Price	- -	- -	30.69	11.91	13.76	16.13	28.12
EV/Sales	- -	- -	5.21	3.04	2.23	3.83	3.04
EV/EBITDA	- -	- -	- -	- -	- -	175.76	50.8
Price/Earnings	- -	- -	- -	- -	- -	1,072.4	60.43
Price/Earnings Average	- -	- -	-28.01	-35.01	-42.05	777.16	66.5
Price/Earnings High	- -	- -	-41.58	-66.16	-58.39	1,298.06	84.51
Price/Earnings Low	- -	- -	-18.25	-22.16	-29.77	474.56	47.85
Price/Book Value	- -	- -	-9.12	-6.7	-5.99	-12.7	-16.38
Price/Book Value Average	- -	- -	-12.38	-6.99	-6.37	-9.21	-18.02
Price/Book Value High	- -	- -	-18.38	-13.21	-8.85	-15.38	-22.9
Price/Book Value Low	- -	- -	-8.06	-4.43	-4.51	-5.62	-12.97
Price/Tangible Book Value	- -	- -	10.04	9.59	9.21	14.43	10.35
Price/Tangible Book Value Average	- -	- -	13.63	10.01	9.81	10.46	11.39
Price/Tangible Book Value High	- -	- -	20.23	18.91	13.62	17.47	14.47
Price/Tangible Book Value Low	- -	- -	8.88	6.34	6.94	6.39	8.2
Price/Sales	- -	- -	5.9	3.38	2.51	4.11	3.36
Price/Sales Average	- -	- -	8	3.53	2.68	2.98	3.7
Price/Sales High	- -	- -	11.88	6.66	3.72	4.97	4.7
Price/Sales Low	- -	- -	5.21	2.23	1.89	1.82	2.66
Price/Cash Flow	- -	- -	5,025.73	-59.15	71.96	56.6	31.27
Price/Cash Flow Average	- -	- -	6,819.95	-61.71	76.63	41.02	34.4
Price/Cash Flow High	- -	- -	10,125.3	-116.62	106.4	68.51	43.72
Price/Cash Flow Low	- -	- -	4,443.67	-39.07	54.24	25.05	24.76
Price/Free Cash Flow Average	- -	- -	974.28	-68.83	76.77	43.36	35.88
Price/Free Cash Flow High	- -	- -	1,446.47	-130.07	106.6	72.43	45.6
Price/Free Cash Flow Low	- -	- -	634.81	-43.58	54.35	26.48	25.82
EV/Sales Average	- -	- -	7.58	3.36	2.53	2.8	3.48
EV/Sales High	- -	- -	11.46	6.5	3.57	4.8	4.48
EV/Sales Low	- -	- -	4.8	2.07	1.75	1.64	2.44
EV/EBITDA Average	0.69	2.12	-62.46	-25.48	-38.37	128.58	58.18
EV/EBITDA High	0.69	2.12	-94.4	-49.28	-54.13	220.22	74.92
EV/EBITDA Low	0.69	2.12	-39.5	-15.67	-26.52	75.35	40.85
EV/EBIT Average	0.66	1.86	-56.71	-23.89	-34.09	223.98	70.42
EV/EBIT High	0.66	1.86	-85.7	-46.2	-48.09	383.61	90.69
EV/EBIT Low	0.66	1.86	-35.87	-14.69	-23.56	131.25	49.45
Last Price	- -	- -	34.71	18.03	18.26	36.45	35.51
High Price	- -	- -	69.93	35.55	27	44.12	49.66
Enterprise Value Average	-141	-410	12,930	9,174	9,783	13,887	21,408
Enterprise Value High	-141	-410	19,541	17,740	13,803	23,784	27,569
Enterprise Value Low	-141	-410	8,177	5,642	6,762	8,138	15,033

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Shares Outstanding	499	504	507	523	543	572	589
Diluted Weighted Avg Shares	461	461	290	512	533	591	607
Basic Weighted Avg Shares	461	461	290	512	532	559	582
Revenue per Share	1.44	1.78	5.89	5.34	7.27	8.87	10.57
EBITDA per Share	-0.45	-0.42	-0.71	-0.7	-0.48	0.19	0.63
Operating Income per Share	-0.46	-0.48	-0.79	-0.75	-0.54	0.11	0.52
Basic EPS, GAAP	-0.45	-0.54	-1.68	-0.54	-0.46	0.03	0.59
Basic EPS from Cont Ops	-0.45	-0.54	-1.68	-0.54	-0.46	0.03	0.59
Diluted EPS, GAAP	-0.45	-0.54	-1.68	-0.54	-0.46	0.03	0.56
Diluted EPS from Cont Ops	-0.45	-0.54	-1.68	-0.54	-0.46	0.03	0.56
Dividend per Share	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.27	-0.27	0.01	-0.3	0.25	0.64	1.14
Free Cash Flow per Basic Share	-0.29	-0.33	-0.03	-0.34	0.25	0.64	1.14
Cash & Equivalents per Share	0.33	1.26	4.37	2	2.11	2.53	3.42
Book Value per Share	-0.84	-1.34	-3.81	-2.69	-3.05	-2.87	-2.17
Tangible Book Value per Share	-0.83	-1.11	3.46	1.88	1.98	2.53	3.43

Toast, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)