Netflix, Inc. Financial Ratios — NFC Stock

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 (%)	48.47	2.47	10.82	16.72	6.01	7.61	17.85	27.46	29.12	29.62	38.02	24.53	26.15	38.43	42.76
Return on Assets (%)	11.16	0.49	2.4	4.28	1.42	1.57	3.43	5.38	6.23	7.54	12.2	9.64	11.11	17.02	20.11
Return on Capital (%)	31.06	2.59	8.97	13.44	7.2	5.53	- -	12.67	12.83	15.92	19.75	15.35	17.25	24.76	28.63
Return on Invested Capital (%)	30.77	2.57	10.08	13.44	7.2	5.12	- -	12.35	12.43	15.92	18.52	14.48	17.25	24.14	28.26
Gross Margin (%)	36.34	26.52	28.74	31.83	32.27	29.14	31.3	36.89	38.28	38.89	41.64	39.37	41.54	46.06	48.49
EBITDA Margin (%)	37.94	48.54	56.46	57.85	56.83	60.07	60.79	58.38	59.16	62.04	62.74	63.25	63.78	66.79	66.58
Operating Margin (%)	11.74	1.39	5.22	7.31	4.51	4.3	7.17	10.16	12.92	18.34	20.86	17.82	20.62	26.71	29.49
Incremental Operating Margin (%)	8.87	- -	23.31	15.42	- -	3.61	16.03	18.69	22.9	40.93	34.23	- -	62.68	65.63	47.06
Pretax Margin (%)	11.22	0.84	3.91	6.35	2.09	2.95	4.15	7.77	10.23	12.8	19.67	16.65	18.4	25.55	28.16
Profit Margin (%)	7.06	0.48	2.57	4.85	1.81	2.11	4.78	7.67	9.26	11.05	17.23	14.21	16.04	22.34	24.3
Net Income to Common Margin (%)	7.06	0.48	2.57	4.85	1.81	2.11	4.78	7.67	9.26	11.05	17.23	14.21	16.04	22.34	24.3
Effective Tax Rate (%)	37.1	43.73	34.3	23.63	13.56	28.34	- -	1.24	9.47	13.69	12.39	14.67	12.85	12.58	13.69
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	48.47	2.47	10.82	16.72	6.01	7.61	17.85	27.46	29.12	29.62	38.02	24.53	26.15	38.43	42.76

Credit (USD)

Credit Ratios 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	402	400	500	886	2,371	3,364	6,499	10,360	14,759	16,309	15,393	14,353	14,543	15,583	14,463
ST Debt	2	- -	- -	- -	- -	- -	- -	- -	- -	500	700	- -	400	1,784	999
LT Debt	400	400	500	886	2,371	3,364	6,499	10,360	14,759	15,809	14,693	14,353	14,143	13,798	13,464
Total Debt/EBITDA	0.33	0.23	0.2	0.28	0.62	0.63	0.91	1.12	1.24	1.05	0.83	0.72	0.68	0.6	0.48
Net Debt/EBITDA	-0.09	0.06	-0.04	-0.07	0.15	0.36	0.52	0.71	0.82	0.52	0.5	0.46	0.35	0.3	0.18
Total Debt/EBIT	1.07	8	2.19	2.2	7.75	8.86	7.75	6.45	5.67	3.56	2.48	2.55	2.09	1.5	1.09
Net Debt/EBIT	-0.29	2.19	-0.46	-0.57	1.84	4.99	4.38	4.09	3.74	1.77	1.51	1.63	1.07	0.75	0.41
EBITDA to Interest Expense	60.71	87.67	76.84	59.77	23.5	35.34	20.12	21.93	19.05	11.19	24.34	28.31	28.73	36.24	38.74
EBITDA-CapEx/Interest Expense	53.98	83.23	73.11	57.06	22.47	34.11	19.47	21.42	18.64	10.83	23.65	27.74	28.27	35.63	37.85
EBIT to Interest Expense	18.78	2.5	7.1	7.56	1.87	2.53	2.37	3.82	4.16	3.31	8.09	7.98	9.29	14.49	17.16
Interest Expense	20	20	32	53	164	150	353	420	626	1,386	766	706	749	719	777
Common Equity/Total Assets	20.94	18.77	24.64	26.38	21.79	19.72	18.84	20.17	22.32	28.17	35.55	42.76	42.25	46.14	47.87
Long-Term Debt/Equity (%)	62.23	53.71	37.49	47.69	106.65	125.54	181.45	197.76	194.66	142.87	92.71	69.08	68.7	55.77	50.59
Long-Term Debt/Capital (%)	38.27	34.94	27.27	32.29	51.61	55.66	64.47	66.42	66.06	57.75	47.03	40.86	40.26	34.22	32.78
Long-Term Debt/Total Assets (%)	13.03	10.08	9.24	12.58	23.24	24.76	34.18	39.89	43.44	40.25	32.96	29.54	29.02	25.73	24.22
Total Debt/Equity (%)	62.59	53.71	37.49	47.69	106.65	125.54	181.45	197.76	194.66	147.39	97.12	69.08	70.64	62.98	54.34
Total Debt/Capital (%)	38.49	34.94	27.27	32.29	51.61	55.66	64.47	66.42	66.06	59.58	49.27	40.86	41.4	38.64	35.21
Total Debt/Total Assets (%)	13.11	10.08	9.24	12.58	23.24	24.76	34.18	39.89	43.44	41.52	34.53	29.54	29.84	29.06	26.01
Net Debt to Equity	-16.81	14.73	-7.87	-12.26	25.28	70.78	102.64	125.33	128.47	73.23	59.09	44.31	36.07	31.43	20.4
Net Debt/Capital (%)	-20.12	12.84	-8.54	-13.97	20.18	41.44	50.65	55.62	56.23	42.27	37.14	30.7	26.51	23.92	16.94
EBITDA	1,216	1,752	2,470	3,184	3,853	5,305	7,108	9,220	11,924	15,508	18,633	19,996	21,508	26,048	30,082
EBITDA-CapEx	1,081	1,664	2,350	3,040	3,684	5,120	6,881	9,008	11,671	15,010	18,109	19,588	21,160	25,609	29,394
Operating Income (Loss)	376	50	228	403	306	380	839	1,605	2,604	4,585	6,195	5,633	6,954	10,418	13,327

Liquidity (USD)

Liquidity Ratios 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	0.65	0.45	0.56	0.6	0.65	0.38	0.52	0.58	0.73	1.05	0.71	0.76	0.81	0.89	0.83
Current Ratio	1.49	1.34	1.42	1.47	1.54	1.25	1.4	1.49	0.9	1.25	0.95	1.17	1.12	1.22	1.19
Quick Ratio	0.65	0.45	0.56	0.6	0.65	0.38	0.52	0.67	0.8	1.13	0.8	0.96	1.01	1.08	1.06
CFO/Avg Current Liab	0.39	0.01	0.05	0.01	-0.24	-0.36	-0.36	-0.45	-0.43	0.33	0.05	0.25	0.87	0.75	0.93
Common Equity/Total Assets	20.94	18.77	24.64	26.38	21.79	19.72	18.84	20.17	22.32	28.17	35.55	42.76	42.25	46.14	47.87
Long-Term Debt/Equity (%)	62.23	53.71	37.49	47.69	106.65	125.54	181.45	197.76	194.66	142.87	92.71	69.08	68.7	55.77	50.59
Long-Term Debt/Capital (%)	38.27	34.94	27.27	32.29	51.61	55.66	64.47	66.42	66.06	57.75	47.03	40.86	40.26	34.22	32.78
Long-Term Debt/Total Assets (%)	13.03	10.08	9.24	12.58	23.24	24.76	34.18	39.89	43.44	40.25	32.96	29.54	29.02	25.73	24.22
Total Debt/Equity (%)	62.59	53.71	37.49	47.69	106.65	125.54	181.45	197.76	194.66	147.39	97.12	69.08	70.64	62.98	54.34
Total Debt/Capital (%)	38.49	34.94	27.27	32.29	51.61	55.66	64.47	66.42	66.06	59.58	49.27	40.86	41.4	38.64	35.21
Total Debt/Total Assets (%)	13.11	10.08	9.24	12.58	23.24	24.76	34.18	39.89	43.44	41.52	34.53	29.54	29.84	29.06	26.01
CFO/Total Liabilities	13.09	0.67	2.4	0.32	-9.39	-13.51	-11.57	-12.93	-10.94	8.6	1.37	7.28	25.85	25.48	35.02
CFO/CapEx	2.36	0.24	0.81	0.11	-4.43	-7.97	-7.87	-12.61	-11.41	4.87	0.75	4.97	20.87	16.75	14.75
Altman's Z-Score	- -	- -	- -	4.54	5.78	5.01	5.52	5.88	6.95	8.82	10.61	7.55	9.75	13.62	14.81

Working Capital (USD)

Working Capital Ratios 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	- -	- -	- -	- -	- -	- -	- -	- -	49.34	46.93	41.97	35.26	29.63	29.74	26.84
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	7.4	7.78	8.7	10.35	12.32	12.27	13.6
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

	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	- -	- -	- -	20,037	51,100	53,508	83,957	112,080	144,516	235,070	272,051	128,158	211,340	382,915	396,221
- Cash & Cash Equivalents	508	290	605	1,114	1,809	1,468	2,823	3,794	5,018	8,206	6,028	5,147	7,117	7,805	9,034
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	402	400	500	886	2,371	3,364	6,499	10,360	14,759	16,309	15,393	14,353	14,543	15,583	14,463
Enterprise Value	- -	- -	- -	19,314	51,161	55,138	87,634	118,646	154,257	243,174	281,416	136,453	218,745	388,914	401,622
Total Capital	1,045	1,145	1,834	2,744	4,595	6,044	10,081	15,599	22,341	27,374	31,242	35,130	35,132	40,326	41,078
Total Debt/Capital (%)	38.49	34.94	27.27	32.29	51.61	55.66	64.47	66.42	66.06	59.58	49.27	40.86	41.4	38.64	35.21
Total Debt / EV	- -	- -	- -	0.05	0.05	0.06	0.07	0.09	0.1	0.07	0.05	0.11	0.07	0.04	0.04
EV/Sales	- -	- -	- -	3.51	7.55	6.24	7.49	7.51	7.65	9.73	9.48	4.32	6.49	9.97	8.89
EV/EBITDA	- -	- -	- -	6.07	13.28	10.39	12.33	12.87	12.94	15.68	15.1	6.82	10.17	14.93	13.35
EV/EBIT	- -	- -	- -	47.97	167.29	145.18	104.49	73.91	59.23	53.03	45.43	24.22	31.46	37.33	30.14
EV/Cash Flow to Firm	- -	- -	- -	337.84	- -	- -	- -	- -	- -	67.11	264.66	51.9	27.6	48.68	37.12
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	77.81	522.35	61.43	28.87	51.51	39.64
Diluted Market Cap	- -	- -	- -	20,463	52,117	54,577	86,557	115,840	148,783	241,074	279,042	129,868	219,514	393,213	407,642
Diluted Enterprise Value	- -	- -	- -	19,740	52,178	56,208	90,234	122,406	158,524	249,178	288,407	138,163	226,920	399,212	413,043
EV per Share	- -	- -	- -	4.57	11.96	12.82	20.22	27.18	35.15	54.91	63.39	30.64	50.55	90.92	95.12
TTM Sales	3,205	3,609	4,375	5,505	6,780	8,831	11,693	15,794	20,156	24,996	29,698	31,616	33,723	39,001	45,183
TTM EBITDA	1,216	1,752	2,470	3,184	3,853	5,305	7,108	9,220	11,924	15,508	18,633	19,996	21,508	26,048	30,082
TTM Operating Income	376	50	228	403	306	380	839	1,605	2,604	4,585	6,195	5,633	6,954	10,418	13,327
TTM Cash Flow to Firm	330	33	119	57	-608	-1,366	- -	-2,265	-2,321	3,623	1,063	2,629	7,927	7,990	10,820
TTM Free Cash Flow to Firm	195	-56	-1	-87	-777	-1,551	- -	-2,478	-2,574	3,125	539	2,221	7,578	7,550	10,131

Multiples (USD)

Valuation Multiples 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	- -	- -	- -	-159.82	-56.73	-32.9	-43	-40.04	-47.38	124.96	-2,114.36	80.24	31.7	56.81	43.09
EV/EBIT	- -	- -	- -	47.97	167.29	145.18	104.49	73.91	59.23	53.03	45.43	24.22	31.46	37.33	30.14
Enterprise Value	- -	- -	- -	19,314	51,161	55,138	87,634	118,646	154,257	243,174	281,416	136,453	218,745	388,914	401,622
Low Price	- -	- -	- -	4.41	4.49	7.99	12.29	19.23	25.06	29.07	47.59	16.18	28.69	46.43	78.59
EV/Sales	- -	- -	- -	3.51	7.55	6.24	7.49	7.51	7.65	9.73	9.48	4.32	6.49	9.97	8.89
EV/EBITDA	- -	- -	- -	6.07	13.28	10.39	12.33	12.87	12.94	15.68	15.1	6.82	10.17	14.93	13.35
Price/Earnings	- -	- -	- -	74.68	414.67	285.81	149.69	92.27	77.23	84.75	53.08	28.49	39.87	44.14	36.32
Price/Earnings Average	- -	- -	- -	91.75	318.36	234.52	127.46	115.02	77.14	71.25	48.36	28.13	31.91	33	42.52
Price/Earnings High	- -	- -	- -	110.83	468.9	296.89	160.89	153.59	90.28	91.76	60.56	60.04	40.77	46.38	51.98
Price/Earnings Low	- -	- -	- -	69.46	156.07	183.65	94.93	69.11	58.77	46.42	41.22	16.02	23.43	22.89	30.41
Price/Book Value	- -	- -	- -	10.79	22.98	19.97	23.44	21.39	19.06	21.24	17.16	6.17	10.27	15.48	14.89
Price/Book Value Average	- -	- -	- -	13.25	17.64	16.38	19.96	26.67	19.04	17.86	15.64	6.09	8.21	11.57	17.43
Price/Book Value High	- -	- -	- -	16.01	25.99	20.74	25.19	35.61	22.28	23	19.59	13	10.49	16.26	21.31
Price/Book Value Low	- -	- -	- -	10.03	8.65	12.83	14.86	16.02	14.5	11.64	13.33	3.47	6.03	8.03	12.47
Price/Tangible Book Value	- -	- -	- -	-21.88	-24.46	-11.65	-12.37	-11.54	-8.54	-16.42	-18.05	-10.72	-19.09	-49.67	-64.29
Price/Tangible Book Value Average	- -	- -	- -	-26.89	-18.78	-9.56	-10.53	-14.38	-8.53	-13.8	-16.45	-10.58	-15.28	-37.13	-75.28
Price/Tangible Book Value High	- -	- -	- -	-32.48	-27.66	-12.1	-13.29	-19.21	-9.98	-17.78	-20.6	-22.58	-19.52	-52.2	-92.03
Price/Tangible Book Value Low	- -	- -	- -	-20.35	-9.2	-7.48	-7.84	-8.64	-6.5	-8.99	-14.02	-6.03	-11.22	-25.77	-53.84
Price/Sales	- -	- -	- -	3.62	7.5	6.04	7.16	7.08	7.15	9.36	9.14	4.05	6.39	9.86	8.83
Price/Sales Average	- -	- -	- -	4.45	5.76	4.96	6.09	8.82	7.14	7.87	8.33	4	5.12	7.37	10.33
Price/Sales High	- -	- -	- -	5.37	8.48	6.28	7.69	11.78	8.36	10.14	10.43	8.53	6.54	10.36	12.63
Price/Sales Low	- -	- -	- -	3.37	2.82	3.88	4.54	5.3	5.44	5.13	7.1	2.28	3.76	5.11	7.39
Price/Cash Flow	- -	- -	- -	1,208.82	-67.86	-36.2	-46.85	-41.7	-49.94	96.42	691.67	63.16	29.64	52.23	39.29
Price/Cash Flow Average	- -	- -	- -	1,485.1	-52.1	-29.7	-39.89	-51.97	-49.88	81.06	630.22	62.36	23.72	39.05	46.01
Price/Cash Flow High	- -	- -	- -	1,793.88	-76.73	-37.6	-50.35	-69.41	-58.37	104.4	789.21	133.09	30.31	54.89	56.24
Price/Cash Flow Low	- -	- -	- -	1,124.38	-25.54	-23.26	-29.71	-31.23	-38	52.82	537.21	35.52	17.42	27.09	32.91
Price/Free Cash Flow Average	- -	- -	- -	-196.35	-43.56	-27	-36.62	-49.91	-47.32	105.05	-1,926.52	79.23	25.36	42.47	50.45
Price/Free Cash Flow High	- -	- -	- -	-237.18	-64.15	-34.18	-46.22	-66.65	-55.38	135.3	-2,412.54	169.09	32.41	59.7	61.67
Price/Free Cash Flow Low	- -	- -	- -	-148.66	-21.35	-21.14	-27.27	-29.99	-36.05	68.46	-1,642.2	45.12	18.62	29.47	36.08
EV/Sales Average	- -	- -	- -	4.34	5.8	5.16	6.43	9.26	7.64	8.23	8.66	4.27	5.23	7.49	10.39
EV/Sales High	- -	- -	- -	5.27	8.53	6.48	8.03	12.23	8.86	10.51	10.77	8.8	6.63	10.47	12.67
EV/Sales Low	- -	- -	- -	3.25	2.85	4.08	4.87	5.73	5.94	5.48	7.43	2.54	3.9	5.25	7.46
EV/EBITDA Average	- -	- -	- -	7.5	10.2	8.58	10.57	15.86	12.92	13.27	13.81	6.74	8.21	11.22	15.6
EV/EBITDA High	- -	- -	- -	9.11	15.01	10.79	13.21	20.95	14.98	16.93	17.16	13.92	10.39	15.68	19.03
EV/EBITDA Low	- -	- -	- -	5.63	5.01	6.79	8.01	9.82	10.04	8.83	11.84	4.02	6.12	7.86	11.21
EV/EBIT Average	- -	- -	- -	59.34	128.48	119.9	89.63	91.12	59.17	44.87	41.53	23.94	25.39	28.05	35.22
EV/EBIT High	- -	- -	- -	72.05	189.14	150.64	111.98	120.31	68.6	57.28	51.62	49.42	32.14	39.2	42.96
EV/EBIT Low	- -	- -	- -	44.49	63.08	94.82	67.87	56.39	45.97	29.85	35.62	14.27	18.92	19.64	25.31
Last Price	- -	- -	- -	4.74	11.94	12.44	19.37	25.67	32.93	53.08	61.28	28.78	48.84	89.52	93.84
High Price	- -	- -	- -	7.03	13.5	12.92	20.82	42.73	38.5	57.47	69.92	60.64	49.93	94.07	134.33
Enterprise Value Average	- -	- -	- -	23,894	39,293	45,536	75,168	146,273	154,083	205,721	257,248	134,846	176,533	292,261	469,329
Enterprise Value High	- -	- -	- -	29,012	57,844	57,212	93,916	193,129	178,665	262,622	319,782	278,362	223,477	408,383	572,543
Enterprise Value Low	- -	- -	- -	17,915	19,293	36,012	56,922	90,515	119,707	136,875	220,664	80,368	131,582	204,619	337,237

Per Share Data Items (USD)

Per-Share Data 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

Shares Outstanding	3,878	3,891	4,172	4,229	4,279	4,301	4,334	4,366	4,388	4,429	4,440	4,453	4,328	4,278	4,222
Diluted Weighted Avg Shares	3,806	4,123	4,253	4,319	4,365	4,387	4,468	4,512	4,518	4,542	4,554	4,513	4,495	4,393	4,344
Basic Weighted Avg Shares	3,699	3,886	4,074	4,205	4,259	4,288	4,319	4,354	4,378	4,409	4,432	4,447	4,416	4,295	4,250
Revenue per Share	0.87	0.93	1.07	1.31	1.59	2.06	2.71	3.63	4.6	5.67	6.7	7.11	7.64	9.08	10.63
EBITDA per Share	0.33	0.45	0.61	0.76	0.9	1.24	1.65	2.12	2.72	3.52	4.2	4.5	4.87	6.06	7.08
Operating Income per Share	0.1	0.01	0.06	0.1	0.07	0.09	0.19	0.37	0.59	1.04	1.4	1.27	1.57	2.43	3.14
Basic EPS, GAAP	0.06	- -	0.03	0.06	0.03	0.04	0.13	0.28	0.43	0.63	1.15	1.01	1.22	2.03	2.58
Basic EPS from Cont Ops	0.06	- -	0.03	0.06	0.03	0.04	0.13	0.28	0.43	0.63	1.15	1.01	1.22	2.03	2.58
Diluted EPS, GAAP	0.06	- -	0.03	0.06	0.03	0.04	0.13	0.27	0.41	0.61	1.12	1	1.2	1.98	2.53
Diluted EPS from Cont Ops	0.06	- -	0.03	0.06	0.03	0.04	0.13	0.27	0.41	0.61	1.12	1	1.2	1.98	2.53
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.09	0.01	0.02	- -	-0.18	-0.34	-0.41	-0.62	-0.66	0.55	0.09	0.46	1.65	1.71	2.39
Free Cash Flow per Basic Share	0.05	-0.02	-0.01	-0.03	-0.22	-0.39	-0.47	-0.66	-0.72	0.44	-0.03	0.36	1.57	1.61	2.23
Cash & Equivalents per Share	0.21	0.19	0.29	0.38	0.54	0.4	0.65	0.87	1.14	1.85	1.36	1.36	1.65	2.24	2.15
Book Value per Share	0.17	0.19	0.32	0.44	0.52	0.62	0.83	1.2	1.73	2.5	3.57	4.67	4.76	5.78	6.3
Tangible Book Value per Share	-0.1	-0.2	-0.18	-0.22	-0.49	-1.07	-1.57	-2.22	-3.86	-3.23	-3.39	-2.69	-2.56	-1.8	-1.46