| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| LL | DEX | MPVD | AB.H | GMX | | DMI | |
| TSXV:LL | TSXV:DEX | TSX:MPVD | TSXV:AB.H | TSX:GMX | | TSXV:DMI | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 3.4% | -7.4% | 1.1% | 18.7% | 6.2% | | -22.9% | |
| 3Y CAGR | 0.0% | -5.5% | 13.1% | 35.0% | -17.7% | | -9.4% | |
| Latest Twelve Months | -36.3% | -97.9% | -18.6% | 165.9% | -64.2% | | -100.2% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | -84.8% | -864.7% | 16.8% | 25.9% | -0.3% | | 3757.9% | |
| Prior Fiscal Year | 1.2% | 32.6% | 24.0% | -39.8% | 31.6% | | 11.9% | |
| Latest Fiscal Year | -96.8% | -648.0% | 1.7% | 46.4% | -134.1% | | -369.0% | |
| Latest Twelve Months | -48.3% | -7036.5% | 1.7% | 59.1% | -134.1% | | 86204.9% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 2.07x | 6.36x | 0.33x | 2.58x | 12.14x | | -2327.71x | |
| EV / LTM EBIT | -4.3x | -0.1x | 2.4x | 4.4x | 38.1x | | -2.7x | |
| Price / LTM Sales | 1.89x | 325.77x | 0.05x | 0.24x | 18.64x | | -1287.32x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.33x | 2.58x | 12.14x | | | | | |
| Historical EV / LTM Revenue | 1.71x | 6.49x | 22.29x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | -1849.90x | -1947.27x | -2044.63x | | | | | |
| (x) LTM Revenue | (0) | (0) | (0) | | | | | |
| (=) Implied Enterprise Value | 6 | 6 | 7 | | | | | |
| (-) Non-shareholder Claims * | (3) | (3) | (3) | | | | | |
| (=) Equity Value | 3 | 3 | 3 | | | | | |
| (/) Shares Outstanding | 168.6 | 168.6 | 168.6 | | | | | |
| Implied Value Range | 0.02 | 0.02 | 0.02 | | | | | |
| FX Rate: CAD/CAD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 0.02 | 0.02 | 0.02 | | 0.03 | | | |
| Upside / (Downside) | -37.1% | -29.6% | -22.0% | | | | | |