TRIAL Palm Oil Financial Model v.1.0

Table of Contents - Section & Sheet Titles
Model Name
Go to the Cover Sheet
1 Reports What each tab does

a. Financial Statements Summary On this tab you may get a quick glance at your Financial Statement Summary and have
a. a better understanding of the Income Statement, Cash Flow, and the Balance Sheet
a. as well as the Monthly view of a fiscal year, and the annual view of the five-year forecast.
b. Dashboard Dashboard tab gives you a snapshot of your business financial viability.
b. Core financials, Cash Flow data, Revenue Breakdown, Profitability forecasts, and
b. cumulative Cash Flow are shown there.
c. Top Revenue This tab displays your top revenue streams by product categories.
d. Top Expenses This tab displays your 4 biggest expense categories and the rest of the expenses as the "other".
e. Break Even Analysis Here you can compare your overall revenues with the expenses.
f. Valuation Displays your company’s estimated value based on Discounted Cash Flow method.
g. Financial Charts On this tab you can visually track your key financial figures in form of charts.
h. Operational Charts Here you may visually track your key performance indicators in form of charts.
i. Benchmark KPIs This tab shows a comparison of performance indicators in the model and in the industry.
j. Sources and Uses On this tab you can see the funding structure as well as sources and uses of the funds.
2 Assumptions and calculations

a. Seasonality Setup On this tab you can enter capacity utilization seasonality.
b. Cost of Goods Sold On this tab you can enter your COGS assumptions.
c. Variable Expenses Here you can fill up your variable expenses associated with revenue.
d. Fixed Expenses Enter fixed expenses and their annual growth rate.
e. Wages Fields to enter your employees assumptions: annual salary, taxes,
e. hire/fire dates, would-be annual FTEs, etc.
f. Development Expenses Here you can input Capital Expenses (CAPEX) for the business.
g. Capitalization Table Shareholder's ownership dilution is calculated here. This tab consists of 4 rounds of financing.
h. Book Assets Here you check internal calculations of the assets depreciation and the closing book value.
3 Statements
a. Income Statement On this tab you can see the monthly Income Statement report - Revenue, EBITDA, Net Profit.
b. Cash Flow Statement Here you can have a comprehensive Monthly Cash Flow Statement (direct method).
c. Cash Flow Statement (indirect method) Here you can have a comprehensive Monthly Cash Flow Statement (indirect method).
d. Balance Sheet The Balance Sheet Statement. Assets, Liabilities, and Equity are displayed.
e. Capital Here you see internal calculations of the loans, interest, and equity.
e. In case of capital return, please, use yellow entry line.
f. Outputs This is the engine of this tool. All core calculations are done here.
4 Setup
a. Time Series The tab to set up: Fiscal Year End, First Fiscal Year.
Built with finmodelslab.com template Table of Contents 11/11/2021

Dashboard CURRENCY, DENOMINATOR & TAX DEBT ASSUMPTIONS WORKING CAPITAL ASSUMPTIONS
Model Name Currency Inputs $ Loan Name Amount, $ Launch Term, M Interest, % Select Type Timeframe AR (Revenue) AP (COGS)
Go to Contents Currency Outputs $ Debt_1 1,000,000 Jan-21 36 6% Annuity 0 - 30 Days 50% 30%
Min Cash Month Feb-21 Denomination 1,000 Debt_2 31 - 60 Days 50% 70%
Min Cash ($'000) 1,231.3 Currency exch rate $ / $ 1.000 Debt_3 61 - 90 Days 0% 0%
Inventory, % 25.0% Corporate tax, % 10% Grant 90 - 120 Days 0% 0%
Core Inputs Revenue Breakdown ($'000) - 5 Years to December 2025 Profitability ($'000) - 5 Years to December 2025
Fiscal Year Launch 2021 2022 2023 2024 2025
Product types Production Volume Max Monthly Capacity, units
Product Type 1 Jan-21 1,000 1,100 1,210 1,331 1,464
Product Type 2 Jan-21 900 990 1,089 1,198 1,318
Product Type 3 Jan-21 800 880 968 1,065 1,171
Product Type 4 Jan-21 700 770 847 932 1,025
THIS IS A TRIAL VERSION

Product Type 5 Jan-22 500 550 605 666 732
Product types Average Monthly Capacity Utilization, %

Product Type 1 85% 85% 85% 85% 85%
Product Type 2 80% 80% 80% 80% 80%
Product Type 3 75% 75% 75% 75% 75%
Product Type 4 70% 70% 70% 70% 70%
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Product Type 5 60% 60% 60% 60% 60%
Product types Product Sales Price per unit, $

Product Type 1 100.0 105.0 110.3 115.8 121.6
Product Type 2 90.0 94.5 99.2 104.2 109.4
Product Type 3 80.0 84.0 88.2 92.6 97.2
Product Type 4 70.0 73.5 77.2 81.0 85.1
Product Type 5 60.0 63.0 66.2 69.5 72.9
PURCHASE PREMIUM VERSION

Core Financials ($'000) Cash flow ($'000) - 5 Years to December 2025 Cumulative CashFlow ($'000) - 5 Years to December 2025
Fiscal Year 2021 2022 2023 2024 2025
Revenue 2,799 3,484 4,024 4,647 5,368
COGS (978) (1,174) (1,312) (1,466) (1,640)
GROSS MARGIN 1,822 2,310 2,712 3,181 3,728
GROSS MARGIN % 65% 66% 67% 68% 69%
Variable Expenses (532) (662) (765) (883) (1,020)
CONTRIBUTION MARGIN 1,290 1,648 1,947 2,298 2,708
CONTRIBUTION MARGIN % 46% 47% 48% 49% 50%
Salaries & Wages (538) (662) (789) (918) (1,049)
Fixed Expenditure (91) (91) (91) (91) (91)
NET MARGIN 661 895 1,068 1,290 1,568
NET MARGIN % 24% 26% 27% 28% 29%
EBITDA 661 895 1,068 1,290 1,568
EBITDA % 24% 26% 27% 28% 29%
Depreciation & Amortization (15.8) (8.8) (8.8) (8.5) (7.2)
EBIT 645 886 1,059 1,281 1,561
Net Interest Expense (48) (34) (13) (0) -
Net Profit Before Tax 597 852 1,046 1,281 1,561
Tax Expense (60) (85) (105) (128) (156)
Net Profit After Tax 537 767 941 1,153 1,405
Net Profit After Tax % 19% 22% 23% 25% 26%
Operating Cash Flows 478 756 934 1,142 1,390
Cash 1,442 1,866 2,448 3,561 4,950
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Financial Statements Summary
Model Name Select detailed year: 2021
Go to the Table of Contents
Income Statement ($'000) - 5 Years to December 2025 Income Statement ($'000) - 2021
Year Ending 2021 2022 2023 2024 2025 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Revenue 2,799 3,484 4,024 4,647 5,368 197 209 220 232 244 248 255 251 246 239 237 220
Growth % 24% 16% 16% 16% - 6% 6% 5% 5% 2% 3% (2%) (2%) (3%) (1%) (7%)
COGS (978) (1,174) (1,312) (1,466) (1,640) (69) (73) (77) (81) (85) (87) (89) (88) (86) (83) (83) (77)
% of Revenue (35%) (34%) (33%) (32%) (31%) (35%) (35%) (35%) (35%) (35%) (35%) (35%) (35%) (35%) (35%) (35%) (35%)
GROSS MARGIN 1,822 2,310 2,712 3,181 3,728 128 136 143 151 159 162 166 163 160 156 154 143
GROSS MARGIN % 65% 66% 67% 68% 69% 65% 65% 65% 65% 65% 65% 65% 65% 65% 65% 65% 65%
Variable Expenses (532) (662) (765) (883) (1,020) (37) (40) (42) (44) (46) (47) (49) (48) (47) (45) (45) (42)

% of Revenue (19%) (19%) (19%) (19%) (19%) (19%) (19%) (19%) (19%) (19%) (19%) (19%) (19%) (19%) (19%) (19%) (19%)
CONTRIBUTION MARGIN 1,290 1,648 1,947 2,298 2,708 91 96 102 107 112 114 118 116 113 110 109 102
CONTRIBUTION MARGIN % 46% 47% 48% 49% 50% 46% 46% 46% 46% 46% 46% 46% 46% 46% 46% 46% 46%
Salaries & Wages (538) (662) (789) (918) (1,049) (45) (45) (45) (45) (45) (45) (45) (45) (45) (45) (45) (45)
% of Revenue (19%) (19%) (20%) (20%) (20%) (23%) (21%) (20%) (19%) (18%) (18%) (18%) (18%) (18%) (19%) (19%) (20%)
Fixed Expenses (91) (91) (91) (91) (91) (8) (8) (8) (8) (8) (8) (8) (8) (8) (8) (8) (8)
% of Revenue (3%) (3%) (2%) (2%) (2%) (4%) (4%) (3%) (3%) (3%) (3%) (3%) (3%) (3%) (3%) (3%) (3%)

EBITDA 661 895 1,068 1,290 1,568 38 44 49 55 60 62 65 63 61 58 57 49
EBITDA % 24% 26% 27% 28% 29% 20% 21% 22% 23% 25% 25% 26% 25% 25% 24% 24% 22%
Depreciation & Amortization (16) (9) (9) (8) (7) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1)
EBIT 645 886 1,059 1,281 1,561 37 43 48 53 59 61 64 62 60 56 55 48
Net Interest Expense (48) (34) (13) (0) - - (5) (5) (5) (5) (4) (4) (4) (4) (4) (4) (4)
Net Profit Before Tax 597 852 1,046 1,281 1,561 37 38 43 48 54 56 60 58 56 52 52 44
Tax Expense (60) (85) (105) (128) (156) (4) (4) (4) (5) (5) (6) (6) (6) (6) (5) (5) (4)
Net Profit After Tax 537 767 941 1,153 1,405 33 34 39 44 49 51 54 52 50 47 46 40

Net Profit After Tax % 19% 22% 23% 25% 26% 17% 16% 18% 19% 20% 20% 21% 21% 20% 20% 20% 18%
Income Statement ($'000) - 5 Years to December 2025 Income Statement ($'000) - 2021
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Balance Sheet ($'000) - 5 Years to December 2025 Balance Sheet ($'000) - 2021
Current Assets 1,571 2,027 2,633 3,772 5,194 1,358 1,354 1,376 1,402 1,435 1,468 1,504 1,536 1,565 1,591 1,616 1,571
Non-Current Assets 33 24 16 7 (0) 48 46 45 44 42 41 40 38 37 36 35 33
Total Assets 1,605 2,051 2,648 3,780 5,194 1,405 1,400 1,421 1,446 1,477 1,509 1,544 1,574 1,602 1,626 1,651 1,605
Current Liabilities 54 65 72 81 90 72 59 66 73 82 88 96 101 105 109 113 54
Non-Current Liabilities 713 382 30 0 0 1,000 975 949 923 898 872 846 819 793 767 740 713
Total Liabilities 767 447 103 81 90 1,072 1,033 1,015 997 979 960 942 920 898 875 853 767
Net Assets 837 1,604 2,546 3,699 5,104 333 367 406 450 498 549 602 654 704 751 798 837

Net Current Assets 1,517 1,962 2,560 3,692 5,104 1,286 1,295 1,310 1,329 1,353 1,379 1,408 1,435 1,460 1,482 1,503 1,517
Ordinary Equity 300 300 300 300 300 300 300 300 300 300 300 300 300 300 300 300 300
Other Equity - - - - - (0) (0) (0) - 0 (0) (0) (0) 0 - (0) -
Retained Profits 537 1,304 2,246 3,399 4,804 33 67 106 150 198 249 302 354 404 451 498 537
Total Equity 837 1,604 2,546 3,699 5,104 333 367 406 450 498 549 602 654 704 751 798 837
Balance Sheet ($'000) - 5 Years to December 2025 Balance Sheet ($'000) - 2021


Cash Flow Statement ($'000) - 5 Years to December 2025 Cash Flow Statement ($'000) - 2021
Cash Receipts 2,689 3,457 4,002 4,623 5,339 99 203 215 226 238 246 252 253 248 243 238 229
Cash Payments (2,104) (2,582) (2,951) (3,352) (3,793) (128) (163) (169) (176) (182) (186) (189) (188) (186) (182) (180) (174)
Other Operating Cash Flows (108) (119) (118) (128) (156) - (5) (5) (5) (5) (4) (4) (4) (4) (4) (4) (63)
Operating Cash Flows 478 756 934 1,142 1,390 (29) 35 40 46 51 56 58 60 58 56 54 (9)
Capital Expenditure (49) - - - - (29) (20) - - - - - - - - - -
Other Investing Cash Flows - - - - - - - - - - - - - - - - -
Investing Cash Flows (49) - - - - (29) (20) - - - - - - - - - -

Debt Drawdowns/(Repayments) 713 (331) (352) (30) - 1,000 (25) (26) (26) (26) (26) (26) (26) (26) (26) (27) (27)
Equity Raisings/(Buybacks) 300 - - - - 300 - - - - - - - - - - -
Other Financing Cash Flows - - - - - - - - - - - - - - - - -
Financing Cash Flows 1,013 (331) (352) (30) - 1,300 (25) (26) (26) (26) (26) (26) (26) (26) (26) (27) (27)
Change in Cash Held 1,442 424 582 1,112 1,390 1,242 (11) 15 20 25 30 32 34 32 30 27 (35)
Closing Cash 1,442 1,866 2,448 3,561 4,950 1,242 1,231 1,246 1,266 1,292 1,322 1,354 1,388 1,420 1,450 1,477 1,442

Cash Flow Statement ($'000) - 5 Years to December 2025 Cash Flow Statement ($'000) - 2021

Top Revenue
Model Name
Revenue Summary ($'000) - 5 Years to December 2025

2021 2022 2023 2024 2025 2021 2022 2023 2024 2025
Product Type 1 1,025 1,184 1,368 1,579 1,824 36.6% 34.0% 34.0% 34.0% 34.0%
Product Type 2 781 903 1,043 1,204 1,391 27.9% 25.9% 25.9% 25.9% 25.9%
Product Type 3 579 669 772 892 1,030 20.7% 19.2% 19.2% 19.2% 19.2%
Product Type 4 414 478 552 637 736 14.8% 13.7% 13.7% 13.7% 13.7%
Product Type 5 - 251 290 334 386 - 7.2% 7.2% 7.2% 7.2%

Total Revenue 2,799 3,484 4,024 4,647 5,368 100.0% 100.0% 100.0% 100.0% 100.0%
Revenue Summary ($'000) - 5 Years to December 2025

PURCHASE PREMIUM VERSIO
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Top Revenue
Model Name
Revenue Depth ($'000) - 2022 Monthly Run-Rate ($'000) - 2022

2022

Revenue Bridge ($'000) - 2021 Total Revenue to 2025 Total Revenue
2021 2025
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Top Expenses
Model Name
Top 5 Expense Categories ($'000) - 5 Years to December 2025

2021 2022 2023 2024 2025 2021 2022 2023 2024 2025
Salaries and Wages 538 662 789 918 1,049 41.9% 42.9% 44.5% 45.3% 45.2%
Warehouse Expenses 280 348 402 465 537 21.8% 22.6% 22.7% 22.9% 23.1%
Losses 140 174 201 232 268 10.9% 11.3% 11.4% 11.5% 11.6%
Other variable expenses 84 105 121 139 161 6.5% 6.8% 6.8% 6.9% 6.9%
Other 242 253 258 274 308 18.8% 16.4% 14.5% 13.5% 13.2%
THIS IS A TRIAL VERSIO

Total Expenses 1,284 1,543 1,771 2,028 2,323 100% 100% 100% 100% 100%
Top 5 Expense Categories ($'000) - 5 Years to December 2025
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PURCHASE PREMIUM VERS
Expenses Depth ($'000) - 2021 Monthly Run-Rate ($'000) - 2021
2021
Expenses Bridge ($'000) - 2021 Total Expenses to 2025 Total Expenses

2021 2025
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Break Even Analysis
Model Name
Break Even Chart ($'000)
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PURCHASE PREMIUM VER
Break Even Calculation ($'000)
Fiscal Year 2021 2022 2023 2024 2025
Revenue 2,799 3,484 4,024 4,647 5,368

COGS (978) (1,174) (1,312) (1,466) (1,640)
Gross Margin 1,822 2,310 2,712 3,181 3,728
Variable Expenses (532) (662) (765) (883) (1,020)
Net Margin 1,290 1,648 1,947 2,298 2,708
EBITDA 661 895 1,068 1,290 1,568
Break Even level 1,503 1,682 1,863 2,056 2,274
Net Profit Before Tax 597 852 1,046 1,281 1,561
Net Profit Before Tax % 21.3% 24.5% 26.0% 27.6% 29.1%
Net Profit After Tax 537 767 941 1,153 1,405
Net Profit After Tax % 19.2% 22.0% 23.4% 24.8% 26.2%
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Valuation
Model Name
9.58339351300583
WACC Calculation
Cost of Capital
Cost of Resource
Resources Share
Loans 6.0% 76.9% Terminal Valuation Method EBITDA X
Equity 10.0% 23.1% Multiple of Method 5.00
Tax Rate 10.0%
Weighted avg cost of capital (WACC) 6.5%

Free Cash Flow Calculation ($'000)
Free Cash Flow ($'000)
31-Dec-21 31-Dec-22 31-Dec-23 31-Dec-24 31-Dec-25
Financial year 2021 2022 2023 2024 2025
Operating Income 645 886 1,059 1,281 1,561
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Tax Expense (60) (85) (105) (128) (156)
Tax-Effected EBIT (Earnings Before Interest) 585 801 955 1,153 1,405
Plus: Depreciation Expense 16 9 9 8 7
Capital Expenditures (49) - - - -
Accounts Receivable 1,400 1,742 2,012 2,324 2,684
Inventory 244 294 328 367 410
Current Liabilities (54) (65) (72) (81) (90)

Non-Current Liabilities (713) (382) (30) (0) (0)
Changes in Working Capital (877) (712) (649) (372) (394)
Unlevered Free Cash Flow (325) 98 315 790 1,018
Free Cash Flow Valuation ($'000)
Discounted Cash Flow ($'000)

Financial year 2021 2022 2023 2024 2025
Terminal Value 7,841
Present Value of Unlevered Free Cash Flow (305) 86 261 615 6,478
NPV based on year 5 7,135

Multiplicator evaluation 10x
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Financial Charts
Model Name
24 months 5 years

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Financial Charts
Model Name
24 months 5 years

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Operational Charts
Model Name
24 months 5 years

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Benchmark KPIs
Model Name
KPI's KPI's
Industry 2021 2022 2023 2024 2025
Gross margin, % 70.0% 65.1% 66.3% 67.4% 68.5% 69.5%
Contribution margin, % 50.0% 46.1% 47.3% 48.4% 49.5% 50.5%
EBITDA, % 30.0% 23.6% 25.7% 26.5% 27.8% 29.2%
Net Profit, % 25.0% 19.2% 22.0% 23.4% 24.8% 26.2%
Salaries & Wages, % of Revenue 20.0% 19.2% 19.0% 19.6% 19.7% 19.5%

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KPI's

KPI's
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Sources and Uses
Model Name
Funding Structure ($'000)
Debts 1,000.0 76.9% Debts

Equity 300.0 23.1% Equity
Total Funding 1,300.0 100.0%
Gearing (debt to equity) 3.3x
Debts
THIS IS A TRIAL
Sources of Funds ($'000)
Debt_1
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Debt_1 1,000.0 76.9% Debt_2
Debt_2 - - Debt_3
Debt_3 - - Grant
Grant - - Founders
Total Debts 1,000.0 76.9% Series A
Series B
Equity Series C
PURCHASE PREMIU
Founders 300.0 23.1%
Series A - -
Series B - -
Series C - -
Total Equity 300.0 23.1%
Total Funding 1,300.0 100.0%
Sources and Uses ($'000)

First 24 months
Sources Uses
Revenue receipts 6,145.6 82.5% COGS 2,110.0 28.3%
Debt Drawdowns 1,000.0 13.4% Variable Expenses 1,193.7 16.0%
Equity Raisings 300.0 4.0% Fixed Expenses 181.2 2.4%
Salaries & Wages 1,200.8 16.1%
Debt Repayments 618.0 8.3%
Interest Paid 81.7 1.1%
Corporate Tax Paid 144.9 1.9%
Capital Expenditure 49.0 0.7%
Cash in Bank 1,866.2 25.1%
Total Sources 7,445.6 100.0% Total Uses 7,445.6 100.0%
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Income Statement
Model Name
Fiscal year 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021
Month ### Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21
Income Statement, $
Revenue
Product Type 1 72,250 76,500 80,750 85,000 89,250 90,950 93,500 91,800 90,100 87,550 86,700 80,750
Product Type 2 55,080 58,320 61,560 64,800 68,040 69,336 71,280 69,984 68,688 66,744 66,096 61,560
Product Type 3 40,800 43,200 45,600 48,000 50,400 51,360 52,800 51,840 50,880 49,440 48,960 45,600
Product Type 4 29,155 30,870 32,585 34,300 36,015 36,701 37,730 37,044 36,358 35,329 34,986 32,585
THIS IS A TRIAL VER

Product Type 5 - - - - - - - - - - - -
Total Revenue 197,285 208,890 220,495 232,100 243,705 248,347 255,310 250,668 246,026 239,063 236,742 220,495
COGS
Product Type 1 (26,010) (27,540) (29,070) (30,600) (32,130) (32,742) (33,660) (33,048) (32,436) (31,518) (31,212) (29,070)
Product Type 2 (19,168) (20,295) (21,423) (22,550) (23,678) (24,129) (24,805) (24,354) (23,903) (23,227) (23,001) (21,423)
Product Type 3 (13,880) (14,697) (15,513) (16,330) (17,146) (17,473) (17,963) (17,636) (17,309) (16,819) (16,656) (15,513)
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Product Type 4 (9,838) (10,416) (10,995) (11,574) (12,152) (12,384) (12,731) (12,499) (12,268) (11,921) (11,805) (10,995)
Product Type 5 - - - - - - - - - - - -
Total COGS (68,896) (72,948) (77,001) (81,054) (85,106) (86,727) (89,159) (87,538) (85,917) (83,485) (82,675) (77,001)
Gross Margin
Product Type 1 46,240 48,960 51,680 54,400 57,120 58,208 59,840 58,752 57,664 56,032 55,488 51,680
Product Type 2 35,912 38,025 40,137 42,250 44,362 45,207 46,475 45,630 44,785 43,517 43,095 40,137
PURCHASE PREMIUM V
Product Type 3 26,920 28,503 30,087 31,670 33,254 33,887 34,837 34,204 33,571 32,621 32,304 30,087
Product Type 4 19,317 20,454 21,590 22,726 23,863 24,317 24,999 24,545 24,090 23,408 23,181 21,590
Product Type 5 - - - - - - - - - - - -
Total Gross Margin 128,389 135,942 143,494 151,046 158,599 161,620 166,151 163,130 160,109 155,578 154,067 143,494
Total Variable Expenses (37,484) (39,689) (41,894) (44,099) (46,304) (47,186) (48,509) (47,627) (46,745) (45,422) (44,981) (41,894)
Total Salary and Wages (44,871) (44,871) (44,871) (44,871) (44,871) (44,871) (44,871) (44,871) (44,871) (44,871) (44,871) (44,871)
Total Fixed Expenses (7,550) (7,550) (7,550) (7,550) (7,550) (7,550) (7,550) (7,550) (7,550) (7,550) (7,550) (7,550)
EBITDA 38,484 43,832 49,179 54,527 59,874 62,013 65,221 63,082 60,943 57,735 56,666 49,179
Total Depreciation & Amortization (1,315) (1,315) (1,315) (1,315) (1,315) (1,315) (1,315) (1,315) (1,315) (1,315) (1,315) (1,315)
EBIT 37,169 42,517 47,864 53,211 58,559 60,698 63,906 61,767 59,628 56,420 55,350 47,864
Interest Expense - (5,000) (4,873) (4,745) (4,617) (4,488) (4,358) (4,228) (4,097) (3,965) (3,833) (3,700)
Net Profit Before Tax 37,169 37,517 42,991 48,466 53,942 56,210 59,548 57,539 55,531 52,455 51,517 44,164
Tax Expense (3,717) (3,752) (4,299) (4,847) (5,394) (5,621) (5,955) (5,754) (5,553) (5,245) (5,152) (4,416)
Net Profit After Tax 33,452 33,765 38,692 43,620 48,548 50,589 53,593 51,785 49,978 47,209 46,366 39,748
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Income Statement
Model Name
Fiscal year 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022
Income Statement, $
Revenue
Product Type 1 83,449 88,358 93,266 98,175 103,084 105,047 107,993 106,029 104,066 101,120 100,139 93,266
Product Type 2 63,617 67,360 71,102 74,844 78,586 80,083 82,328 80,832 79,335 77,089 76,341 71,102
Product Type 3 47,124 49,896 52,668 55,440 58,212 59,321 60,984 59,875 58,766 57,103 56,549 52,668
Product Type 4 33,674 35,655 37,636 39,617 41,597 42,390 43,578 42,786 41,993 40,805 40,409 37,636
RIAL VERSION
THIS IS A TRIAL VER
Product Type 5 17,672 18,711 19,751 20,790 21,830 22,245 22,869 22,453 22,037 21,414 21,206 19,751
Total Revenue 245,536 259,979 274,422 288,866 303,309 309,086 317,752 311,975 306,197 297,531 294,643 274,422
COGS
Product Type 1 (29,088) (30,799) (32,510) (34,221) (35,932) (36,616) (37,643) (36,959) (36,274) (35,248) (34,905) (32,510)
Product Type 2 (21,412) (22,671) (23,931) (25,190) (26,450) (26,954) (27,709) (27,206) (26,702) (25,946) (25,694) (23,931)
Product Type 3 (15,486) (16,397) (17,308) (18,219) (19,130) (19,495) (20,041) (19,677) (19,312) (18,766) (18,584) (17,308)
THIS REPORT
TO UNLOCK THIS RE
Product Type 4 (10,962) (11,606) (12,251) (12,896) (13,541) (13,799) (14,186) (13,928) (13,670) (13,283) (13,154) (12,251)
Product Type 5 (5,808) (6,150) (6,491) (6,833) (7,175) (7,311) (7,516) (7,380) (7,243) (7,038) (6,970) (6,491)
Total COGS (82,756) (87,624) (92,492) (97,360) (102,228) (104,175) (107,096) (105,148) (103,201) (100,280) (99,307) (92,492)
Gross Margin
Product Type 1 54,361 57,559 60,756 63,954 67,152 68,431 70,349 69,070 67,791 65,873 65,233 60,756
Product Type 2 42,206 44,688 47,171 49,654 52,136 53,129 54,619 53,626 52,633 51,143 50,647 47,171
EMIUM VERSION
PURCHASE PREMIUM V
Product Type 3 31,638 33,499 35,360 37,221 39,082 39,826 40,943 40,198 39,454 38,337 37,965 35,360
Product Type 4 22,712 24,048 25,384 26,721 28,057 28,591 29,393 28,858 28,324 27,522 27,255 25,384
Product Type 5 11,863 12,561 13,259 13,957 14,655 14,934 15,353 15,073 14,794 14,376 14,236 13,259
EBITDA 53,382 60,213 67,044 73,875 80,706 83,439 87,537 84,805 82,073 77,974 76,608 67,044
Total Depreciation & Amortization (732) (732) (732) (732) (732) (732) (732) (732) (732) (732) (732) (732)
EBIT 52,650 59,481 66,312 73,143 79,974 82,707 86,805 84,073 81,341 77,242 75,876 66,312
Interest Expense (3,566) (3,432) (3,297) (3,161) (3,025) (2,888) (2,751) (2,612) (2,473) (2,333) (2,193) (2,052)
Tax Expense (4,908) (5,605) (6,302) (6,998) (7,695) (7,982) (8,405) (8,146) (7,887) (7,491) (7,368) (6,426)

Income Statement
Model Name
Fiscal year 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023
Income Statement, $
Revenue
Product Type 1 96,383 102,053 107,723 113,392 119,062 121,330 124,731 122,463 120,196 116,794 115,660 107,723
Product Type 2 73,478 77,800 82,123 86,445 90,767 92,496 95,089 93,360 91,632 89,038 88,174 82,123
Product Type 3 54,428 57,630 60,832 64,033 67,235 68,516 70,437 69,156 67,875 65,954 65,314 60,832
Product Type 4 38,893 41,181 43,469 45,757 48,045 48,960 50,333 49,418 48,502 47,130 46,672 43,469
THIS IS A TRIAL VER

Product Type 5 20,411 21,611 22,812 24,012 25,213 25,693 26,414 25,933 25,453 24,733 24,493 22,812
Total Revenue 283,594 300,276 316,958 333,640 350,322 356,994 367,004 360,331 353,658 343,649 340,312 316,958
COGS
Product Type 1 (32,547) (34,462) (36,377) (38,291) (40,206) (40,971) (42,120) (41,354) (40,589) (39,440) (39,057) (36,377)
Product Type 2 (23,931) (25,339) (26,746) (28,154) (29,562) (30,125) (30,969) (30,406) (29,843) (28,999) (28,717) (26,746)
Product Type 3 (17,287) (18,304) (19,321) (20,337) (21,354) (21,761) (22,371) (21,964) (21,558) (20,948) (20,744) (19,321)
TO UNLOCK THIS RE
Product Type 4 (12,220) (12,939) (13,657) (14,376) (15,095) (15,383) (15,814) (15,526) (15,239) (14,807) (14,664) (13,657)
Product Type 5 (6,466) (6,846) (7,226) (7,606) (7,987) (8,139) (8,367) (8,215) (8,063) (7,835) (7,759) (7,226)
Total COGS (92,450) (97,889) (103,327) (108,765) (114,203) (116,379) (119,642) (117,466) (115,291) (112,028) (110,940) (103,327)
Gross Margin
Product Type 1 63,836 67,591 71,346 75,101 78,856 80,358 82,611 81,109 79,607 77,354 76,603 71,346
Product Type 2 49,547 52,462 55,376 58,291 61,205 62,371 64,120 62,954 61,788 60,040 59,457 55,376
PURCHASE PREMIUM V
Product Type 3 37,141 39,326 41,511 43,696 45,881 46,754 48,065 47,191 46,317 45,007 44,570 41,511
Product Type 4 26,674 28,243 29,812 31,381 32,950 33,578 34,519 33,891 33,264 32,322 32,008 29,812
Product Type 5 13,945 14,765 15,586 16,406 17,226 17,554 18,047 17,718 17,390 16,898 16,734 15,586
EBITDA 63,979 72,053 80,127 88,201 96,275 99,505 104,350 101,120 97,890 93,046 91,431 80,127
EBIT 63,247 71,321 79,395 87,469 95,544 98,773 103,618 100,388 97,158 92,314 90,699 79,395
Interest Expense (1,910) (1,767) (1,624) (1,480) (1,335) (1,190) (1,044) (897) (749) (601) (452) (302)
Tax Expense (6,134) (6,955) (7,777) (8,599) (9,421) (9,758) (10,257) (9,949) (9,641) (9,171) (9,025) (7,909)

Income Statement
Model Name
Fiscal year 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024
Income Statement, $
Revenue
Product Type 1 111,323 117,871 124,420 130,968 137,516 140,136 144,065 141,445 138,826 134,897 133,587 124,420
Product Type 2 84,867 89,859 94,852 99,844 104,836 106,833 109,828 107,831 105,834 102,839 101,841 94,852
Product Type 3 62,865 66,563 70,260 73,958 77,656 79,135 81,354 79,875 78,396 76,177 75,438 70,260
Product Type 4 44,922 47,564 50,207 52,849 55,492 56,549 58,134 57,077 56,020 54,435 53,906 50,207
THIS IS A TRIAL VER

Product Type 5 23,574 24,961 26,348 27,734 29,121 29,676 30,508 29,953 29,398 28,566 28,289 26,348
Total Revenue 327,551 346,818 366,086 385,354 404,621 412,329 423,889 416,182 408,475 396,914 393,061 366,086
COGS
Product Type 1 (36,438) (38,582) (40,725) (42,869) (45,012) (45,869) (47,155) (46,298) (45,441) (44,155) (43,726) (40,725)
Product Type 2 (26,760) (28,335) (29,909) (31,483) (33,057) (33,687) (34,631) (34,001) (33,372) (32,427) (32,112) (29,909)
Product Type 3 (19,307) (20,442) (21,578) (22,714) (23,849) (24,303) (24,985) (24,531) (24,076) (23,395) (23,168) (21,578)
TO UNLOCK THIS RE
Product Type 4 (13,629) (14,431) (15,232) (16,034) (16,836) (17,156) (17,637) (17,317) (16,996) (16,515) (16,355) (15,232)
Product Type 5 (7,200) (7,624) (8,048) (8,471) (8,895) (9,064) (9,318) (9,149) (8,979) (8,725) (8,641) (8,048)
Total COGS (103,335) (109,413) (115,492) (121,570) (127,649) (130,080) (133,727) (131,296) (128,864) (125,217) (124,001) (115,492)
Gross Margin
Product Type 1 74,884 79,289 83,694 88,099 92,504 94,266 96,909 95,147 93,385 90,742 89,861 83,694
Product Type 2 58,107 61,525 64,943 68,361 71,779 73,146 75,197 73,830 72,463 70,412 69,728 64,943
PURCHASE PREMIUM V
Product Type 3 43,558 46,120 48,683 51,245 53,807 54,832 56,369 55,344 54,319 52,782 52,270 48,683
Product Type 4 31,293 33,134 34,975 36,815 38,656 39,392 40,497 39,761 39,024 37,920 37,552 34,975
Product Type 5 16,374 17,337 18,300 19,263 20,226 20,612 21,190 20,804 20,419 19,841 19,649 18,300
EBITDA 77,951 87,479 97,008 106,536 116,064 119,876 125,593 121,781 117,970 112,253 110,347 97,008
EBIT 77,247 86,775 96,303 105,832 115,360 119,171 124,888 121,077 117,266 111,549 109,643 96,303
Interest Expense (151) - - - - - - - - - - -
Tax Expense (7,710) (8,678) (9,630) (10,583) (11,536) (11,917) (12,489) (12,108) (11,727) (11,155) (10,964) (9,630)

Income Statement
Model Name
Fiscal year 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025
Income Statement, $
Revenue
Product Type 1 128,578 136,141 143,705 151,268 158,831 161,857 166,395 163,369 160,344 155,806 154,293 143,705
Product Type 2 98,022 103,788 109,554 115,320 121,086 123,392 126,852 124,545 122,239 118,779 117,626 109,554
Product Type 3 72,609 76,880 81,151 85,422 89,693 91,401 93,964 92,256 90,547 87,985 87,130 81,151
Product Type 4 51,885 54,937 57,989 61,041 64,093 65,314 67,145 65,924 64,704 62,872 62,262 57,989
THIS IS A TRIAL VER

Product Type 5 27,228 28,830 30,432 32,033 33,635 34,276 35,237 34,596 33,955 32,994 32,674 30,432
Total Revenue 378,321 400,575 422,829 445,084 467,338 476,239 489,592 480,690 471,789 458,436 453,985 422,829
COGS
Product Type 1 (40,817) (43,218) (45,619) (48,020) (50,421) (51,381) (52,822) (51,861) (50,901) (49,460) (48,980) (45,619)
Product Type 2 (29,941) (31,702) (33,463) (35,224) (36,985) (37,690) (38,747) (38,042) (37,338) (36,281) (35,929) (33,463)
Product Type 3 (21,573) (22,842) (24,111) (25,380) (26,649) (27,157) (27,918) (27,411) (26,903) (26,142) (25,888) (24,111)
TO UNLOCK THIS RE
Product Type 4 (15,208) (16,102) (16,997) (17,892) (18,786) (19,144) (19,681) (19,323) (18,965) (18,428) (18,249) (16,997)
Product Type 5 (8,023) (8,494) (8,966) (9,438) (9,910) (10,099) (10,382) (10,193) (10,005) (9,721) (9,627) (8,966)
Total COGS (115,561) (122,359) (129,157) (135,954) (142,752) (145,471) (149,550) (146,831) (144,112) (140,033) (138,673) (129,157)
Gross Margin
Product Type 1 87,761 92,923 98,086 103,248 108,411 110,476 113,573 111,508 109,443 106,346 105,313 98,086
Product Type 2 68,081 72,086 76,091 80,095 84,100 85,702 88,105 86,503 84,901 82,498 81,697 76,091
PURCHASE PREMIUM V
Product Type 3 51,035 54,037 57,040 60,042 63,044 64,245 66,046 64,845 63,644 61,843 61,242 57,040
Product Type 4 36,677 38,834 40,992 43,149 45,307 46,170 47,464 46,601 45,738 44,444 44,012 40,992
Product Type 5 19,206 20,335 21,465 22,595 23,725 24,177 24,854 24,402 23,951 23,273 23,047 21,465
EBITDA 95,882 107,110 118,338 129,566 140,795 145,286 152,023 147,532 143,040 136,303 134,058 118,338
EBIT 95,282 106,510 117,738 128,966 140,195 144,686 151,423 146,932 142,440 135,703 133,458 117,738
Interest Expense - - - - - - - - - - - -
Tax Expense (9,528) (10,651) (11,774) (12,897) (14,019) (14,469) (15,142) (14,693) (14,244) (13,570) (13,346) (11,774)

Cash Flow Statement
Model Name
Fiscal year 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021
Month Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21
Cash Flow Statement, $

Cash Flow from Operating Activities
Cash Receipts 98,643 203,088 214,693 226,298 237,903 246,026 251,829 252,989 248,347 242,545 237,903 228,619
Cash Payments (127,798) (163,234) (169,492) (175,750) (182,007) (185,605) (188,994) (188,315) (185,812) (182,422) (180,441) (173,869)
Interest Paid - (5,000) (4,873) (4,745) (4,617) (4,488) (4,358) (4,228) (4,097) (3,965) (3,833) (3,700)
Corporate Tax Paid - - - - - - - - - - - (59,705)
THIS IS A TRIAL VERSI

CASH INFLOW 98,643 203,088 214,693 226,298 237,903 246,026 251,829 252,989 248,347 242,545 237,903 228,619
CASH OUTFLOW (127,798) (168,234) (174,365) (180,495) (186,624) (190,092) (193,353) (192,543) (189,909) (186,387) (184,274) (237,274)
Net Cash Flow from Operating Activities (29,155) 34,853 40,328 45,803 51,278 55,934 58,476 60,446 58,438 56,157 53,628 (8,655)
Cash Flow from Investing Activities
Fixed Assets Capital Expenditure (29,000) (20,000) - - - - - - - - - -
Net Cash Flow from Investing Activities (29,000) (20,000) - - - - - - - - - -
TO UNLOCK THIS REPO

Cash Flow from Financing Activities
Debt Drawdowns 1,000,000 - - - - - - - - - - -
Debt Repayments - (25,422) (25,549) (25,677) (25,805) (25,934) (26,064) (26,194) (26,325) (26,457) (26,589) (26,722)
Ordinary Equity Raisings 300,000 - - - - - - - - - - -
Ordinary Equity Buybacks - - - - - - - - - - - -
Ordinary Equity Dividends Paid - - - - - - - - - - - -
Other Financing Cash Flows - - - - - - - - - - - -

Net Cash Flow from Financing Activities 1,300,000 (25,422) (25,549) (25,677) (25,805) (25,934) (26,064) (26,194) (26,325) (26,457) (26,589) (26,722)
Net Increase/(Decrease) in Cash Held 1,241,845 (10,569) 14,778 20,126 25,473 29,999 32,412 34,252 32,113 29,700 27,039 (35,377)
Interest on Cash Breakdown
Net Cash Flow from Investing Activities (29,000) (20,000) - - - - - - - - - -
Net Cash Flow from Financing Activities 1,300,000 (25,422) (25,549) (25,677) (25,805) (25,934) (26,064) (26,194) (26,325) (26,457) (26,589) (26,722)
Cash Receipts 98,643 203,088 214,693 226,298 237,903 246,026 251,829 252,989 248,347 242,545 237,903 228,619
Cash Payments (127,798) (163,234) (169,492) (175,750) (182,007) (185,605) (188,994) (188,315) (185,812) (182,422) (180,441) (173,869)
Change in Cash (Pre-Corporate Tax & Interest on Cash) 1,241,845 (5,569) 19,651 24,871 30,090 34,487 36,770 38,480 36,210 33,665 30,872 28,027
Interest Paid - (5,000) (4,873) (4,745) (4,617) (4,488) (4,358) (4,228) (4,097) (3,965) (3,833) (3,700)
Net Increase/(Decrease) in Cash Held 1,241,845 (10,569) 14,778 20,126 25,473 29,999 32,412 34,252 32,113 29,700 27,039 (35,377)
Built with finmodelslab.com template Cash Flow Statement 11/11/2021

Cash Flow Statement
Model Name
Fiscal year 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022

Cash Receipts 233,015 252,757 267,201 281,644 296,087 306,197 313,419 314,863 309,086 301,864 296,087 284,533
Cash Payments (189,564) (197,575) (205,187) (212,800) (220,412) (224,771) (228,900) (228,046) (225,001) (220,872) (218,473) (210,445)
Interest Paid (3,566) (3,432) (3,297) (3,161) (3,025) (2,888) (2,751) (2,612) (2,473) (2,333) (2,193) (2,052)
RIAL VERSION
CASH INFLOW 233,015 252,757 267,201 281,644 296,087 306,197 313,419 314,863 309,086 301,864 296,087 284,533
CASH OUTFLOW (193,130) (201,007) (208,485) (215,961) (223,437) (227,659) (231,651) (230,658) (227,474) (223,205) (220,666) (297,710)
Net Cash Flow from Operating Activities 39,885 51,750 58,716 65,683 72,650 78,538 81,768 84,205 81,612 78,659 75,421 (13,177)
Fixed Assets Capital Expenditure - - - - - - - - - - - -
Net Cash Flow from Investing Activities - - - - - - - - - - - -
THIS REPORT
TO UNLOCK THIS REPO
Debt Drawdowns - - - - - - - - - - - -
Debt Repayments (26,856) (26,990) (27,125) (27,260) (27,397) (27,534) (27,671) (27,810) (27,949) (28,089) (28,229) (28,370)
Ordinary Equity Raisings - - - - - - - - - - - -
EMIUM VERSION
Net Cash Flow from Financing Activities (26,856) (26,990) (27,125) (27,260) (27,397) (27,534) (27,671) (27,810) (27,949) (28,089) (28,229) (28,370)
Net Increase/(Decrease) in Cash Held 13,029 24,760 31,591 38,422 45,253 51,004 54,097 56,395 53,663 50,571 47,192 (41,548)
Cash Receipts 233,015 252,757 267,201 281,644 296,087 306,197 313,419 314,863 309,086 301,864 296,087 284,533
Cash Payments (189,564) (197,575) (205,187) (212,800) (220,412) (224,771) (228,900) (228,046) (225,001) (220,872) (218,473) (210,445)
Change in Cash (Pre-Corporate Tax & Interest on Cash) 16,596 28,192 34,888 41,584 48,278 53,893 56,847 59,008 56,136 52,904 49,385 45,717
Interest Paid (3,566) (3,432) (3,297) (3,161) (3,025) (2,888) (2,751) (2,612) (2,473) (2,333) (2,193) (2,052)

Cash Flow Statement
Model Name
Fiscal year 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023

Cash Receipts 279,008 291,935 308,617 325,299 341,981 353,658 361,999 363,667 356,994 348,653 341,981 328,635
Cash Payments (219,633) (225,775) (234,383) (242,991) (251,599) (256,510) (261,186) (260,190) (256,747) (252,071) (249,371) (240,257)
Interest Paid (1,910) (1,767) (1,624) (1,480) (1,335) (1,190) (1,044) (897) (749) (601) (452) (302)

CASH INFLOW 279,008 291,935 308,617 325,299 341,981 353,658 361,999 363,667 356,994 348,653 341,981 328,635
CASH OUTFLOW (221,543) (227,543) (236,007) (244,471) (252,934) (257,700) (262,229) (261,087) (257,496) (252,672) (249,823) (345,156)
TO UNLOCK THIS REPO

Debt Drawdowns - - - - - - - - - - - -
Debt Repayments (28,512) (28,655) (28,798) (28,942) (29,087) (29,232) (29,378) (29,525) (29,673) (29,821) (29,970) (30,120)

Cash Receipts 279,008 291,935 308,617 325,299 341,981 353,658 361,999 363,667 356,994 348,653 341,981 328,635
Cash Payments (219,633) (225,775) (234,383) (242,991) (251,599) (256,510) (261,186) (260,190) (256,747) (252,071) (249,371) (240,257)
Interest Paid (1,910) (1,767) (1,624) (1,480) (1,335) (1,190) (1,044) (897) (749) (601) (452) (302)

Cash Flow Statement
Model Name
Fiscal year 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024

Cash Receipts 322,254 337,185 356,452 375,720 394,988 408,475 418,109 420,036 412,329 402,695 394,988 379,573
Cash Payments (249,596) (256,604) (266,343) (276,083) (285,822) (291,359) (296,655) (295,495) (291,599) (286,303) (283,261) (272,908)
Interest Paid (151) - - - - - - - - - - -

CASH INFLOW 322,254 337,185 356,452 375,720 394,988 408,475 418,109 420,036 412,329 402,695 394,988 379,573
CASH OUTFLOW (249,748) (256,604) (266,343) (276,083) (285,822) (291,359) (296,655) (295,495) (291,599) (286,303) (283,261) (401,034)
TO UNLOCK THIS REPO

Debt Drawdowns - - - - - - - - - - - -
Debt Repayments (30,271) - - - - - - - - - - -

Net Cash Flow from Financing Activities (30,271) - - - - - - - - - - -
Net Cash Flow from Financing Activities (30,271) - - - - - - - - - - -
Cash Receipts 322,254 337,185 356,452 375,720 394,988 408,475 418,109 420,036 412,329 402,695 394,988 379,573
Cash Payments (249,596) (256,604) (266,343) (276,083) (285,822) (291,359) (296,655) (295,495) (291,599) (286,303) (283,261) (272,908)
Interest Paid (151) - - - - - - - - - - -

Cash Flow Statement
Model Name
Fiscal year 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025

Cash Receipts 372,204 389,448 411,702 433,957 456,211 471,789 482,916 485,141 476,239 465,112 456,211 438,407
Cash Payments (282,408) (290,406) (301,432) (312,458) (323,484) (329,730) (335,734) (334,382) (329,972) (323,968) (320,539) (308,774)
Interest Paid - - - - - - - - - - - -

CASH INFLOW 372,204 389,448 411,702 433,957 456,211 471,789 482,916 485,141 476,239 465,112 456,211 438,407
CASH OUTFLOW (282,408) (290,406) (301,432) (312,458) (323,484) (329,730) (335,734) (334,382) (329,972) (323,968) (320,539) (464,881)
TO UNLOCK THIS REPO

Debt Drawdowns - - - - - - - - - - - -
Debt Repayments - - - - - - - - - - - -

Net Cash Flow from Financing Activities - - - - - - - - - - - -
Net Cash Flow from Financing Activities - - - - - - - - - - - -
Cash Receipts 372,204 389,448 411,702 433,957 456,211 471,789 482,916 485,141 476,239 465,112 456,211 438,407
Cash Payments (282,408) (290,406) (301,432) (312,458) (323,484) (329,730) (335,734) (334,382) (329,972) (323,968) (320,539) (308,774)
Interest Paid - - - - - - - - - - - -

Cash Flow Statement (indirect method)
Model Name
Fiscal year 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021

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Model Name
Fiscal year 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022
RIAL VERSION
K THIS REPORT
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EMIUM VERSION

Model Name
Fiscal year 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023

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Model Name
Fiscal year 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024
Month Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24

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Model Name
Fiscal year 2024

Month Dec-24

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Model Name
Fiscal year 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025

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Model Name
Fiscal year 2025

Month Dec-25

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Balance Sheet
Model Name
Fiscal year 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021
Balance Sheet, $
Current Assets
Cash 1,241,845 1,231,276 1,246,055 1,266,180 1,291,654 1,321,653 1,354,065 1,388,317 1,420,430 1,450,130 1,477,170 1,441,792
Accounts Receivable 98,643 104,445 110,248 116,050 121,853 124,174 127,655 125,334 123,013 119,532 118,371 110,248
Inventory 17,224 18,237 19,250 20,263 21,277 21,682 22,290 21,884 21,479 20,871 20,669 19,250
THIS IS A TRIAL VER

Total Current Assets 1,357,711 1,353,958 1,375,552 1,402,494 1,434,783 1,467,508 1,504,010 1,535,535 1,564,922 1,590,533 1,616,209 1,571,290
Non-Current Assets
Assets Closing Net Book Value 47,685 46,369 45,054 43,739 42,424 41,108 39,793 38,478 37,163 35,847 34,532 33,217
CAPEX Prepayment - - - - - - - - - - - -
Fixed Assets 47,685 46,369 45,054 43,739 42,424 41,108 39,793 38,478 37,163 35,847 34,532 33,217
Total Non-Current Assets 47,685 46,369 45,054 43,739 42,424 41,108 39,793 38,478 37,163 35,847 34,532 33,217
Total Assets 1,405,396 1,400,328 1,420,606 1,446,233 1,477,206 1,508,617 1,543,803 1,574,013 1,602,085 1,626,380 1,650,741 1,604,507
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Current Liabilities
CAPEX Payable 20,000 - - - - - - - - - - -
Accounts Payable 48,227 51,064 53,901 56,738 59,574 60,709 62,411 61,277 60,142 58,440 57,872 53,901
Corporate Tax Payable 3,717 7,469 11,768 16,614 22,008 27,629 33,584 39,338 44,891 50,137 55,289 -
Total Current Liabilities 71,944 58,532 65,668 73,352 81,583 88,339 95,996 100,615 105,033 108,576 113,161 53,901
Non-Current Liabilities
PURCHASE PREMIUM V
Debt 1,000,000 974,578 949,029 923,352 897,547 871,613 845,549 819,355 793,030 766,573 739,984 713,262
Other Non-Current Liabilities - - - - - - - - - - - -
Total Non-Current Liabilities 1,000,000 974,578 949,029 923,352 897,547 871,613 845,549 819,355 793,030 766,573 739,984 713,262
Total Liabilities 1,071,944 1,033,110 1,014,697 996,704 979,130 959,951 941,545 919,969 898,063 875,149 853,145 767,162
Net Assets 333,452 367,217 405,909 449,529 498,076 548,665 602,258 654,044 704,022 751,231 797,597 837,344
Ordinary Equity 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Retained Profits 33,452 67,217 105,909 149,529 198,076 248,665 302,258 354,044 404,022 451,231 497,597 537,344
Total Equity 333,452 367,217 405,909 449,529 498,076 548,665 602,258 654,044 704,022 751,231 797,597 837,344
Built with finmodelslab.com template Balance Sheet 11/11/2021

Balance Sheet
Model Name
Fiscal year 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022
Balance Sheet, $
Current Assets
Cash 1,454,822 1,479,582 1,511,173 1,549,595 1,594,848 1,645,853 1,699,950 1,756,345 1,810,008 1,860,579 1,907,771 1,866,223
Inventory 20,689 21,906 23,123 24,340 25,557 26,044 26,774 26,287 25,800 25,070 24,827 23,123
TRIAL VERSION
THIS IS A TRIAL VER
Non-Current Assets
Fixed Assets 32,485 31,753 31,021 30,289 29,557 28,825 28,093 27,361 26,629 25,897 25,165 24,433
Total Assets 1,630,763 1,663,230 1,702,528 1,748,657 1,801,617 1,855,265 1,913,693 1,965,981 2,015,536 2,060,312 2,105,084 2,050,990
K THIS REPORT
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Current Liabilities
CAPEX Payable - - - - - - - - - - - -
REMIUM VERSION
PURCHASE PREMIUM V
Debt 686,406 659,416 632,291 605,031 577,634 550,100 522,429 494,619 466,670 438,582 410,353 381,982
Total Non-Current Liabilities 686,406 659,416 632,291 605,031 577,634 550,100 522,429 494,619 466,670 438,582 410,353 381,982
Total Liabilities 749,243 731,266 713,850 696,996 680,701 662,512 645,291 624,264 602,839 580,197 558,655 446,727
Net Assets 881,520 931,964 988,677 1,051,661 1,120,915 1,192,752 1,268,402 1,341,716 1,412,697 1,480,115 1,546,429 1,604,264
Ordinary Equity 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Retained Profits 581,520 631,964 688,677 751,661 820,915 892,752 968,402 1,041,716 1,112,697 1,180,115 1,246,429 1,304,264
Total Equity 881,520 931,964 988,677 1,051,661 1,120,915 1,192,752 1,268,402 1,341,716 1,412,697 1,480,115 1,546,429 1,604,264

Balance Sheet
Model Name
Fiscal year 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023
Balance Sheet, $
Current Assets
Cash 1,895,176 1,930,913 1,974,724 2,026,610 2,086,570 2,153,296 2,223,687 2,296,743 2,366,568 2,432,729 2,494,916 2,448,276
Inventory 23,113 24,472 25,832 27,191 28,551 29,095 29,910 29,367 28,823 28,007 27,735 25,832
THIS IS A TRIAL VER

Non-Current Assets
Fixed Assets 23,701 22,969 22,238 21,506 20,774 20,042 19,310 18,578 17,846 17,114 16,382 15,650
Total Assets 2,083,786 2,128,492 2,181,273 2,242,127 2,311,055 2,380,929 2,456,409 2,524,852 2,590,066 2,649,674 2,709,190 2,648,237
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Current Liabilities
CAPEX Payable - - - - - - - - - - - -
PURCHASE PREMIUM V
Debt 353,470 324,816 296,018 267,076 237,990 208,758 179,379 149,854 120,182 90,361 60,391 30,271
Total Non-Current Liabilities 353,470 324,816 296,018 267,076 237,990 208,758 179,379 149,854 120,182 90,361 60,391 30,271
Net Assets 1,659,467 1,722,065 1,792,059 1,869,450 1,954,237 2,042,062 2,134,379 2,223,921 2,310,689 2,393,231 2,474,453 2,545,637
Ordinary Equity 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Retained Profits 1,359,467 1,422,065 1,492,059 1,569,450 1,654,237 1,742,062 1,834,379 1,923,921 2,010,689 2,093,231 2,174,453 2,245,637
Total Equity 1,659,467 1,722,065 1,792,059 1,869,450 1,954,237 2,042,062 2,134,379 2,223,921 2,310,689 2,393,231 2,474,453 2,545,637

Balance Sheet
Model Name
Fiscal year 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024
Balance Sheet, $
Current Assets
Cash 2,490,512 2,571,093 2,661,202 2,760,839 2,870,005 2,987,121 3,108,574 3,233,115 3,353,844 3,470,236 3,581,963 3,560,502
Inventory 25,834 27,353 28,873 30,393 31,912 32,520 33,432 32,824 32,216 31,304 31,000 28,873
THIS IS A TRIAL VER

Non-Current Assets
Fixed Assets 14,946 14,242 13,538 12,833 12,129 11,425 10,721 10,017 9,313 8,608 7,904 7,200
Total Assets 2,695,067 2,786,097 2,886,655 2,996,742 3,116,357 3,237,230 3,364,671 3,484,046 3,599,610 3,708,606 3,817,398 3,779,618
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Current Liabilities
CAPEX Payable - - - - - - - - - - - -
PURCHASE PREMIUM V
Debt 0 0 0 0 0 0 0 0 0 0 0 0
Total Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0

Net Assets 2,615,023 2,693,121 2,779,794 2,875,042 2,978,866 3,086,120 3,198,520 3,307,489 3,413,028 3,513,422 3,612,101 3,698,774
Ordinary Equity 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Retained Profits 2,315,023 2,393,121 2,479,794 2,575,042 2,678,866 2,786,120 2,898,520 3,007,489 3,113,028 3,213,422 3,312,101 3,398,774
Total Equity 2,615,023 2,693,121 2,779,794 2,875,042 2,978,866 3,086,120 3,198,520 3,307,489 3,413,028 3,513,422 3,612,101 3,698,774

Balance Sheet
Model Name
Fiscal year 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025
Balance Sheet, $
Current Assets
Cash 3,650,298 3,749,340 3,859,610 3,981,108 4,113,835 4,255,894 4,403,076 4,553,834 4,700,102 4,841,246 4,976,917
Accounts Receivable 189,161 200,288 211,415 222,542 233,669 238,120 244,796 240,345 235,894 229,218 226,993
Inventory 28,890 30,590 32,289 33,989 35,688 36,368 37,387 36,708 36,028 35,008 34,668
THIS IS A TRIAL VER

Total Current Assets 3,868,349 3,980,217 4,103,314 4,237,639 4,383,192 4,530,381 4,685,259 4,830,887 4,972,024 5,105,472 5,238,578
Non-Current Assets
Assets Closing Net Book Value 6,600 6,000 5,400 4,800 4,200 3,600 3,000 2,400 1,800 1,200 600
CAPEX Prepayment - - - - - - - - - - -
Fixed Assets 6,600 6,000 5,400 4,800 4,200 3,600 3,000 2,400 1,800 1,200 600
Total Non-Current Assets 6,600 6,000 5,400 4,800 4,200 3,600 3,000 2,400 1,800 1,200 600
Total Assets 3,874,949 3,986,217 4,108,714 4,242,439 4,387,392 4,533,981 4,688,259 4,833,287 4,973,824 5,106,672 5,239,178
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Current Liabilities
CAPEX Payable - - - - - - - - - - -
Accounts Payable 80,893 85,651 90,410 95,168 99,926 101,830 104,685 102,781 100,878 98,023 97,071
Corporate Tax Payable 9,528 20,179 31,953 44,850 58,869 73,338 88,480 103,173 117,417 130,988 144,333
Total Current Liabilities 90,421 105,830 122,363 140,018 158,796 175,167 193,165 205,955 218,295 229,011 241,405
PURCHASE PREMIUM V
Debt 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities - - - - - - - - - - -
Total Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0

Total Liabilities 90,421 105,830 122,363 140,018 158,796 175,167 193,165 205,955 218,295 229,011 241,405
Net Assets 3,784,528 3,880,387 3,986,351 4,102,421 4,228,596 4,358,814 4,495,094 4,627,333 4,755,529 4,877,662 4,997,774
Ordinary Equity 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Retained Profits 3,484,528 3,580,387 3,686,351 3,802,421 3,928,596 4,058,814 4,195,094 4,327,333 4,455,529 4,577,662 4,697,774
Total Equity 3,784,528 3,880,387 3,986,351 4,102,421 4,228,596 4,358,814 4,495,094 4,627,333 4,755,529 4,877,662 4,997,774

Balance Sheet
Model Name
Fiscal year 2025

Month Dec-25
Balance Sheet, $
Current Assets
Cash 4,950,444
Accounts Receivable 211,415
Inventory 32,289
THIS IS A TRIAL VER

Total Current Assets 5,194,148
Non-Current Assets
Assets Closing Net Book Value (0)
CAPEX Prepayment -
Fixed Assets (0)
Total Non-Current Assets (0)
Total Assets 5,194,148
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Current Liabilities
CAPEX Payable -
Accounts Payable 90,410
Corporate Tax Payable -
Total Current Liabilities 90,410
PURCHASE PREMIUM V
Debt 0
Other Non-Current Liabilities -
Total Non-Current Liabilities 0

Total Liabilities 90,410
Net Assets 5,103,738
Ordinary Equity 300,000
Retained Profits 4,803,738
Total Equity 5,103,738

How To
Model Name
This is a guide on how to use this tool.
Overall Business Model Principles

The Financial Model is designed to forecast an up to 60-month operating budget and
cash flows with a simple set of assumptions about hiring and expenses.
Cover
Here you may type in a name for your business model.
Time Series
Fiscal Year end in the business model - input the last month of the Fiscal Year.
If you don't need this, simply type in Dec.
Initial Fiscal Year in the business model - please, choose your first Fiscal Year.
If you have chosen Dec in the Fiscal Year End than your fiscal year corresponds to the calendar year.
Dashboard
On this tab you have to input your main production & pricing drivers.
CURRENCY, DENOMINATOR & TAX inputs

- Output Currency - insert your currency sign $/€/¥/£ or type in USD/EUR/GBP or any other abbreviation.
- Denomination - use denomination if you want to show outputs in thousands, millions or billions.
- Currency exchange rate - enter your up-to-date exchange rate of the currency in which
you want to display your financial report.
- The corporate tax rate is a really important indicator. So you definitely must input it.
In order to correctly forecast the inventory level, you should enter a safety stock assumption.
DEBTS and GRANT

- Debt assumption - here you can enter up to 3 different loans and a grant.
For a grant you just need to input an amount and select launch date.
Seasonality Setup
On this tab you can enter capacity utilization seasonality assumptions.
Cost of Goods Sold

On this tab you can enter your COGS assumptions.
Variable Expenses
Enter in the column Variable Expenses your would-be percentage of various spending from your total revenue.
Fixed Expenses
On this tab you can enter forecasted different fixed expenses in order to start running the business.
You have multiple options of when to start to accrue the expense and when to end accruing.
You may define periodicity of the accrue for each expense.
It could be one-time, daily, weekly, bi-weekly, monthly, quarterly and etc... This gives you the flexibility to manage expenses.
Wages
The wages tab easily allows you to calculate the expenses for the salaries of your personnel.
Use 1 line per employee/category and simply type in the hire date, fire date, and annual salary.
Next use the Number of Employees section to type in FTE count for each year.
An increase of FTEs means that you are going to hire additional FTE's.
In case of decrease FTEs means you fired some FTEs. New FTEs will be hired/fired on Jan of the relevant year.
If there are raises or changes in salaries, simply type in the Annual Salary Raise appropriate figures.
The program will automatically recalculate the changes made.
Finally, there are Monthly Bonus and Tax Rate columns where you can enter percentage of respective expenses.
Development Expenses
On this sheet you can see a table of business capital expenses.
You have to name categories, choose payment delay, and input the amount of expenses.
Capitalization Table
CapTable require some manual manipulation to be accurate.
The structure enables you to make the necessary modifications.
The CapTable takes you through multiple rounds of financings.
Showing how issued shares to new investors and cost per share impact the investment income.
After each round you will see the ownership, % changes. This is how the dilution works.
Book Assets
You may purchase some assets on a specific date and depreciate them across the entered amount of years using this tab.

The Summary sheet is a Summary of the key financial reports of your business model.
In addition you have the options to select a year to see detailed outputs.
Top Revenue
Here you can track how much money each category generates.
Top Expenses
Here you can track during the 5-year period 4 biggest expense categories and the "other" which is the rest of the expenses.
Break Even Analysis

Here you can track when your company is supposed to move to a new level.
When its overall revenues become bigger than expenses.
Valuation
Here you can evaluate distribution of current cash flow to Investors - Discounted Cash Flow method.
Financial Charts
Here you can visually track key financial performance over the five years period as well as 24 months period.
Operational Charts
On this tab you can track some internal operational indexes that can be useful for analysis of the internal activity of the business.
Benchmark KPIs
On this tab you can track the main performance indicators in the model and in the industry.
Sources and Uses

On this tab you can see the funding structure as well as sources and uses of the funds.
Built with finmodelslab.com template How to 11/11/2021

Model Name
Model Name
Built with finmodelslab.com template Cover 11/11/2021

Time Series
Model Name
Time Series - Assumptions
Fiscal Year End December

First Fiscal Year 2021
Your Business Model Start Date 1-Jan-21
Your Business Model End Date 31-Dec-25
THIS IS A TRIAL V
TO UNLOCK THIS R
PURCHASE PREMIUM
Built with finmodelslab.com template Time Series 11/11/2021

Seasonality Setup
Model Name
Capacity Utilization Seasonality Assumptions

Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Seasonality -15.0% -10.0% -5.0% 0.0% +5.0% +7.0% +10.0% +8.0% +6.0% +3.0% +2.0% -5.0%
THIS IS A TRIAL VER

TO UNLOCK THIS REP
PURCHASE PREMIUM VE
Built with finmodelslab.com template Seasonality Setup 11/11/2021

Cost of Goods Sold
Model Name
Fiscal year 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021
COGS - Assumptions, $
Product Product Product Product Product
Categories
Type 1 Type 2 Type 3 Type 4 Type 5
COGS_Placeholder1 as % of Revenue 5.0% 4.5% 4.1% 3.6% 3.3%

COGS_Placeholder4 as % of Revenue

Total COGS as % of Revenue 12.0% 10.8% 9.7% 8.7% 7.9%
COGS_Placeholder11 as $ per unit 10.0 9.0 8.1 7.3 6.6

COGS_Placeholder14 as $ per unit
PURCHASE PREMIUM VERSI

Total COGS as $ per unit 24.0 21.6 19.4 17.5 15.7
COGS, $
Categories
Product Type 1 26,010 27,540 29,070 30,600 32,130 32,742 33,660 33,048 32,436 31,518 31,212 29,070
Product Type 2 19,168 20,295 21,423 22,550 23,678 24,129 24,805 24,354 23,903 23,227 23,001 21,423
Product Type 3 13,880 14,697 15,513 16,330 17,146 17,473 17,963 17,636 17,309 16,819 16,656 15,513
Product Type 4 9,838 10,416 10,995 11,574 12,152 12,384 12,731 12,499 12,268 11,921 11,805 10,995
Product Type 5 - - - - - - - - - - - -
Total COGS 68,896 72,948 77,001 81,054 85,106 86,727 89,159 87,538 85,917 83,485 82,675 77,001
Built with finmodelslab.com template Variable Expenses 11/11/2021

Cost of Goods Sold
Model Name
Fiscal year 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022
Categories
TRIAL VERSION
K THIS REPORT
Total COGS as % of Revenue

REMIUM VERSION
Total COGS as $ per unit
COGS, $
Categories
Product Type 1 29,088 30,799 32,510 34,221 35,932 36,616 37,643 36,959 36,274 35,248 34,905 32,510
Product Type 2 21,412 22,671 23,931 25,190 26,450 26,954 27,709 27,206 26,702 25,946 25,694 23,931
Product Type 3 15,486 16,397 17,308 18,219 19,130 19,495 20,041 19,677 19,312 18,766 18,584 17,308
Product Type 4 10,962 11,606 12,251 12,896 13,541 13,799 14,186 13,928 13,670 13,283 13,154 12,251
Product Type 5 5,808 6,150 6,491 6,833 7,175 7,311 7,516 7,380 7,243 7,038 6,970 6,491
Total COGS 82,756 87,624 92,492 97,360 102,228 104,175 107,096 105,148 103,201 100,280 99,307 92,492

Cost of Goods Sold
Model Name
Fiscal year 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023
Categories




COGS, $
Categories
Product Type 1 32,547 34,462 36,377 38,291 40,206 40,971 42,120 41,354 40,589 39,440 39,057 36,377
Product Type 2 23,931 25,339 26,746 28,154 29,562 30,125 30,969 30,406 29,843 28,999 28,717 26,746
Product Type 3 17,287 18,304 19,321 20,337 21,354 21,761 22,371 21,964 21,558 20,948 20,744 19,321
Product Type 4 12,220 12,939 13,657 14,376 15,095 15,383 15,814 15,526 15,239 14,807 14,664 13,657
Product Type 5 6,466 6,846 7,226 7,606 7,987 8,139 8,367 8,215 8,063 7,835 7,759 7,226
Total COGS 92,450 97,889 103,327 108,765 114,203 116,379 119,642 117,466 115,291 112,028 110,940 103,327

Cost of Goods Sold
Model Name
Fiscal year 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024
Categories




COGS, $
Categories
Product Type 1 36,438 38,582 40,725 42,869 45,012 45,869 47,155 46,298 45,441 44,155 43,726 40,725
Product Type 2 26,760 28,335 29,909 31,483 33,057 33,687 34,631 34,001 33,372 32,427 32,112 29,909
Product Type 3 19,307 20,442 21,578 22,714 23,849 24,303 24,985 24,531 24,076 23,395 23,168 21,578
Product Type 4 13,629 14,431 15,232 16,034 16,836 17,156 17,637 17,317 16,996 16,515 16,355 15,232
Product Type 5 7,200 7,624 8,048 8,471 8,895 9,064 9,318 9,149 8,979 8,725 8,641 8,048
Total COGS 103,335 109,413 115,492 121,570 127,649 130,080 133,727 131,296 128,864 125,217 124,001 115,492

Cost of Goods Sold
Model Name
Fiscal year 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025
Categories




COGS, $
Categories
Product Type 1 40,817 43,218 45,619 48,020 50,421 51,381 52,822 51,861 50,901 49,460 48,980 45,619
Product Type 2 29,941 31,702 33,463 35,224 36,985 37,690 38,747 38,042 37,338 36,281 35,929 33,463
Product Type 3 21,573 22,842 24,111 25,380 26,649 27,157 27,918 27,411 26,903 26,142 25,888 24,111
Product Type 4 15,208 16,102 16,997 17,892 18,786 19,144 19,681 19,323 18,965 18,428 18,249 16,997
Product Type 5 8,023 8,494 8,966 9,438 9,910 10,099 10,382 10,193 10,005 9,721 9,627 8,966
Total COGS 115,561 122,359 129,157 135,954 142,752 145,471 149,550 146,831 144,112 140,033 138,673 129,157

Variable Expenses
Model Name
Fiscal year 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021
Variable Expenses - Assumptions, $

Total Revenue 197,285 208,890 220,495 232,100 243,705 248,347 255,310 250,668 246,026 239,063 236,742 220,495
Variable Expenses, %

Categories 2021 2022 2023 2024 2025
Warehouse Expenses as % of Total Revenue 10.0% 10.0% 10.0% 10.0% 10.0%
Bank fee as % of Total Revenue 1.0% 1.0% 1.0% 1.0% 1.0%
Losses as % of Total Revenue 5.0% 5.0% 5.0% 5.0% 5.0%
Other variable expenses as % of Total Revenue 3.0% 3.0% 3.0% 3.0% 3.0%
VC_Placeholder5 as % of Total Revenue
Variable Expenses, $
Categories
Warehouse Expenses
Bank fee
as
as
%
%
of
of
Total
Total
Revenue
Revenue
19,729
1,973
20,889
2,089
22,050
2,205
23,210
2,321
24,371
2,437
24,835
2,483
25,531
2,553
25,067
2,507
24,603
2,460
23,906
2,391
23,674
2,367
22,050
2,205

Losses as % of Total Revenue 9,864 10,445 11,025 11,605 12,185 12,417 12,766 12,533 12,301 11,953 11,837 11,025
Other variable expenses as % of Total Revenue 5,919 6,267 6,615 6,963 7,311 7,450 7,659 7,520 7,381 7,172 7,102 6,615
VC_Placeholder5 as % of Total Revenue - - - - - - - - - - - -
Total Variable Expenses 37,484 39,689 41,894 44,099 46,304 47,186 48,509 47,627 46,745 45,422 44,981 41,894

Variable Expenses
Model Name
Fiscal year 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022

Total Revenue 245,536 259,979 274,422 288,866 303,309 309,086 317,752 311,975 306,197 297,531 294,643 274,422
TRIAL VERSION
Categories
Warehouse Expenses as % of Total Revenue
Bank fee as % of Total Revenue
Losses as % of Total Revenue
Other variable expenses as % of Total Revenue
K THIS REPORT
Categories
Warehouse Expenses
Bank fee
as
as
%
%
of
of
Total
Total
Revenue
Revenue
24,554
2,455
25,998
2,600
27,442
2,744
28,887
2,889
30,331
3,033
30,909
3,091
31,775
3,178
31,197
3,120
30,620
3,062
29,753
2,975
29,464
2,946
27,442
2,744
REMIUM VERSION

Variable Expenses
Model Name
Fiscal year 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023

Total Revenue 283,594 300,276 316,958 333,640 350,322 356,994 367,004 360,331 353,658 343,649 340,312 316,958

Categories
Categories
Warehouse Expenses
Bank fee
as
as
%
%
of
of
Total
Total
Revenue
Revenue
28,359
2,836
30,028
3,003
31,696
3,170
33,364
3,336
35,032
3,503
35,699
3,570
36,700
3,670
36,033
3,603
35,366
3,537
34,365
3,436
34,031
3,403
31,696
3,170


Variable Expenses
Model Name
Fiscal year 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024

Total Revenue 327,551 346,818 366,086 385,354 404,621 412,329 423,889 416,182 408,475 396,914 393,061 366,086

Categories
Categories
Warehouse Expenses
Bank fee
as
as
%
%
of
of
Total
Total
Revenue
Revenue
32,755
3,276
34,682
3,468
36,609
3,661
38,535
3,854
40,462
4,046
41,233
4,123
42,389
4,239
41,618
4,162
40,848
4,085
39,691
3,969
39,306
3,931
36,609
3,661


Variable Expenses
Model Name
Fiscal year 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025

Total Revenue 378,321 400,575 422,829 445,084 467,338 476,239 489,592 480,690 471,789 458,436 453,985 422,829

Categories
Categories
Warehouse Expenses
Bank fee
as
as
%
%
of
of
Total
Total
Revenue
Revenue
37,832
3,783
40,058
4,006
42,283
4,228
44,508
4,451
46,734
4,673
47,624
4,762
48,959
4,896
48,069
4,807
47,179
4,718
45,844
4,584
45,399
4,540
42,283
4,228


Fixed Expenses
Model Name
Days 31 28 31 30 31 30 31 31 30
Fiscal year 2021 2021 2021 2021 2021 2021 2021 2021 2021
Month Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21
Fixed Expenses - Assumptions, $

Yearly Expenses Growth Rate
Categories Launch date End date Periodicity Spending, $ 2021 2022 2023 2024 2025
Advertising Jan-21 Dec-25 Monthly 500
THIS IS A TRIAL VE
Utilities Jan-21 Dec-25 Monthly 1,550
Rent Jan-21 Dec-25 Monthly 5,000
Web site Jan-21 Dec-25 Monthly 200
Miscellaneous Jan-21 Dec-25 Monthly 300
FC_Placeholder6 Jan-21 Dec-25 Monthly
TO UNLOCK THIS R
PURCHASE PREMIUM
Built with finmodelslab.com template Fixed Expenses 11/11/2021

Wages
Model Name
Month Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22
Fiscal Year 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2022 2022 2022
Salaries & Wages - Assumptions, $
Average annual numbers of employees

Number of Employees Annual Salary raise Monthly
Annual

Categories Hire Fire 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Bonus, %
Salary, $
CEO Jan-21 Dec-25 50,000 1.0 1.0 1.0 1.0 1.0 5% 5% 5% 5% 10.0%
Administrator Jan-21 Dec-25 40,000 1.0 1.0 1.0 1.0 1.0 1% 1% 1% 1% 10.0%
Production Manager Jan-21 Dec-25 35,000 4.0 5.0 6.0 7.0 8.0 1% 1% 1% 1% 10.0%
Other Production Employees Jan-21 Dec-25 60,000 3.0 4.0 5.0 6.0 7.0 1% 1% 1% 1% 10.0%
Accountant Jan-21 Dec-25 35,000 1.0 1.0 1.0 1.0 1.0 1% 1% 1% 1% 10.0%
HC_Placeholder6 Jan-21 Dec-25


Total Staff 10.0 12.0 14.0 16.0 18.0
Built with finmodelslab.com template Wages 11/11/2021

Apr-22
2022
Tax Rate,
N
%
10.0%
10.0%
10.0%
10.0%
10.0%
T
ION
Built with finmodelslab.com template Wages 11/11/2021

Development Expenses
Model Name
Fiscal Year
Month
Development Expenses - Assumptions, $
Categories Purchase date Pmnt Delay Spending, $

Production Line 1 Jan-21 0M 10,000
Production Line 2 Jan-21 1M 20,000
THIS IS A TRIAL VER

TO UNLOCK THIS RE
Total, $
PURCHASE PREMIUM V 30,000
Built with finmodelslab.com template Development Expenses 11/11/2021

Capitalization Table
Model Name
Date Jan-21 Date Jan-21 Date Jan-21

Cost/share, $ 1.0 Cost/share, $ 1.0 Cost/share, $ 1.0 Cost/share, $
Total Shares Issued 300,000 Total Shares Issued - Total Shares Issued - Total Shares Issued
Total Equity Raised, $ 300,000 Total Equity Raised, $ 300,000 Total Equity Raised, $ 300,000 Total Equity Raised, $
Round Value (total shares x round cost), $ 300,000 Round Value (total shares x round cost), $ - Round Value (total shares x round cost), $ - Round Value (total shares x round cost), $
Founders Series A Series B Series C

Total Total
Date of Number % of Date of Number % of Date of Number % of Date of Number
Shareholder Name Investment, $ Investment, $ Number of Investment, $ Number of Investment, $

Issue of Shares Total Issue of Shares Total Issue of Shares Total Issue of Shares
Shares Shares
Placeholder1 Jan-21 300,000 300,000 100.00% Jan-21 - 300,000 100.00% Jan-21 - 300,000 100.00% Jan-21 -
Initial SH
Placeholder2 Jan-21 - 0.00% Jan-21 - 0 0.00% Jan-21 - 0 0.00% Jan-21 -


Subtotal: Initial 300,000 300,000 100.00% - 0 300,000 100.00% - 0 300,000 100.00% - 0
Placeholder6 Jan-21 - 0 0.00% Jan-21 - 0 0.00% Jan-21 -

Subtotal: Series A - 0 0 0.00% - 0 0 0.00% - 0

Investor Shareholders
Placeholder11 Jan-21 - 0 0.00% Jan-21 -

Subtotal: Series B - 0 0 0.00% - 0
Placeholder16 Jan-21 -
Subtotal: Series C - 0
Subtotal: Investors - 0 100.00% - - - 100.00% - - - 100.00% - -
TOTAL SHARES 300,000 300,000 300,000 300,000
Pre-money Total Equity, $ - 300,000 300,000 300,000

Post-money Total Equity, $ 300,000 300,000 300,000 300,000
Built with finmodelslab.com template Capitalization Table 11/11/2021

Date Jan-21
Cost/share, $ 1.0
Total Shares Issued -
Total Equity Raised, $ 300,000
hares x round cost), $ -
eries C
Total
% of
Number of
Total
Shares
300,000 100.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
300,000 100.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
ON
0 0.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
0 0.00%
- 100.00%
Built with finmodelslab.com template Capitalization Table 11/11/2021

Book Assets
Model Name
Fiscal year 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021
Assets - Assumptions
Launch
Categories Useful time, Years Opening Balance/Cost, $
date
Development Expenses 5 30,000

Placeholder1 Jan-21 4 5,000
Placeholder5 Jan-21
Placeholder6 Jan-21
Book Assets - Assumptions

60 60 60 60 60 60 60 60 60 60 60 60
Book Assets Category 1 Assumptions
Category Name Development Expenses

5 Years, Straight Line
Opening Net Book Value - 29,500 29,000 28,500 28,000 27,500 27,000 26,500 26,000 25,500 25,000 24,500
Capital Expenditure 30,000 - - - - - - - - - - -

Book Depreciation 500 500 500 500 500 500 500 500 500 500 500 500
Closing Net Book Value 29,500 29,000 28,500 28,000 27,500 27,000 26,500 26,000 25,500 25,000 24,500 24,000
48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00
Category Name Placeholder1

36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00

Opening Net Book Value - 972 944 917 889 861 833 806 778 750 722 694
Closing Net Book Value - 972 944 917 889 861 833 806 778 750 722 694 667
60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00

Closing Net Book Value - 5,900 5,800 5,700 5,600 5,500 5,400 5,300 5,200 5,100 5,000 4,900 4,800
12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00

Opening Net Book Value - 6,417 5,833 5,250 4,667 4,083 3,500 2,917 2,333 1,750 1,167 583
Closing Net Book Value - 6,417 5,833 5,250 4,667 4,083 3,500 2,917 2,333 1,750 1,167 583 -
- - - - - - - - - - - -

- Years, Straight Line
Opening Net Book Value - - - - - - - - - - - -
Capital Expenditure - - - - - - - - - - - -
Book Depreciation - - - - - - - - - - - -
Closing Net Book Value - - - - - - - - - - - - -
- - - - - - - - - - - -

Built with finmodelslab.com template BooK Assets 11/11/2021

Book Assets
Model Name
Fiscal year 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022
Launch
Categories Useful time, Years
date
Development Expenses 5
IAL VERSION THIS IS A TRIAL VERSION

Placeholder1 Jan-21 4
Placeholder5 Jan-21
Placeholder6 Jan-21
THIS REPORT TO UNLOCK THIS REPORT

60 60 60 60 60 60 60 60 60 60 60 60

Opening Net Book Value 24,000 23,500 23,000 22,500 22,000 21,500 21,000 20,500 20,000 19,500 19,000 18,500
MIUM VERSION PURCHASE PREMIUM VERSION

48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00

36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00

Opening Net Book Value 667 639 611 583 556 528 500 472 444 417 389 361
Closing Net Book Value - 639 611 583 556 528 500 472 444 417 389 361 333
60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00

12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00

- - - - - - - - - - - -

- - - - - - - - - - - -


Book Assets
Model Name
Fiscal year 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023
Launch
date

Placeholder5 Jan-21
Placeholder6 Jan-21

60 60 60 60 60 60 60 60 60 60 60 60


48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00

36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00

Opening Net Book Value 333 306 278 250 222 194 167 139 111 83 56 28
Closing Net Book Value - 306 278 250 222 194 167 139 111 83 56 28 - 0
60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00

12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00

- - - - - - - - - - - -

- - - - - - - - - - - -


Book Assets
Model Name
Fiscal year 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024
Launch
date

Placeholder5 Jan-21
Placeholder6 Jan-21

60 60 60 60 60 60 60 60 60 60 60 60


48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00

Opening Net Book Value 1,250 1,146 1,042 938 833 729 625 521 417 313 208 104
Closing Net Book Value 1,146 1,042 938 833 729 625 521 417 313 208 104 -
36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00

Opening Net Book Value - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0
Closing Net Book Value - - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0
60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00

12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00

- - - - - - - - - - - -

- - - - - - - - - - - -


Book Assets
Model Name
Fiscal year 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025
Launch
date

Placeholder5 Jan-21
Placeholder6 Jan-21

60 60 60 60 60 60 60 60 60 60 60 60

Opening Net Book Value 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500

Closing Net Book Value 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 -
48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00 48.00

Closing Net Book Value - - - - - - - - - - - -
36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00

Opening Net Book Value - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0
Closing Net Book Value - - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0 - 0
60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00 60.00

Opening Net Book Value 1,200 1,100 1,000 900 800 700 600 500 400 300 200 100
Closing Net Book Value - 1,100 1,000 900 800 700 600 500 400 300 200 100 -
12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00

- - - - - - - - - - - -

- - - - - - - - - - - -


Outputs
Model Name
Fiscal year ### 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021
Production Volume, units

Product Type 1 723 765 808 850 893 910 935 918 901 876 867 808
Product Type 2 612 648 684 720 756 770 792 778 763 742 734 684
Product Type 3 510 540 570 600 630 642 660 648 636 618 612 570
Product Type 4 417 441 466 490 515 524 539 529 519 505 500 466
Product Type 5 - - - - - - - - - - - -

Total Production Volume, units 2,261 2,394 2,527 2,660 2,793 2,846 2,926 2,873 2,820 2,740 2,713 2,527
Sales Revenue, $
Product Type 1 72,250 76,500 80,750 85,000 89,250 90,950 93,500 91,800 90,100 87,550 86,700 80,750
Product Type 2 55,080 58,320 61,560 64,800 68,040 69,336 71,280 69,984 68,688 66,744 66,096 61,560
Product Type 3 40,800 43,200 45,600 48,000 50,400 51,360 52,800 51,840 50,880 49,440 48,960 45,600

Product Type 4 29,155 30,870 32,585 34,300 36,015 36,701 37,730 37,044 36,358 35,329 34,986 32,585
Product Type 5 - - - - - - - - - - - -
Total Sales Revenue, $ 197,285 208,890 220,495 232,100 243,705 248,347 255,310 250,668 246,026 239,063 236,742 220,495
Charts data ($'000)

Revenue
Product Type 1 72 77 81 85 89 91 94 92 90 88 87 81
Product Type 2 55 58 62 65 68 69 71 70 69 67 66 62
Product Type 3 41 43 46 48 50 51 53 52 51 49 49 46
Product Type 4 29 31 33 34 36 37 38 37 36 35 35 33
Product Type 5 - - - - - - - - - - - -
Total Revenue 197 209 220 232 244 248 255 251 246 239 237 220
CASH INFLOW 99 203 215 226 238 246 252 253 248 243 238 229
CASH OUTFLOW (128) (168) (174) (180) (187) (190) (193) (193) (190) (186) (184) (237)
CASH 1,242 1,231 1,246 1,266 1,292 1,322 1,354 1,388 1,420 1,450 1,477 1,442
COGS (69) (73) (77) (81) (85) (87) (89) (88) (86) (83) (83) (77)
OPEX (90) (92) (94) (97) (99) (100) (101) (100) (99) (98) (97) (94)
EBITDA 38 44 49 55 60 62 65 63 61 58 57 49
EBIT 37 43 48 53 59 61 64 62 60 56 55 48
Average Revenue per Day 6.6 7.0 7.3 7.7 8.1 8.3 8.5 8.4 8.2 8.0 7.9 7.3
Average OPEX per Day 3.0 3.1 3.1 3.2 3.3 3.3 3.4 3.3 3.3 3.3 3.2 3.1
Total Staff 10 10 10 10 10 10 10 10 10 10 10 10
Revenue per one employee 19.7 20.9 22.0 23.2 24.4 24.8 25.5 25.1 24.6 23.9 23.7 22.0
OPEX per one employee 9.0 9.2 9.4 9.7 9.9 10.0 10.1 10.0 9.9 9.8 9.7 9.4
Built with finmodelslab.com template Outputs 11/11/2021

Outputs
Model Name
Fiscal year ### 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022

Product Type 1 795 842 888 935 982 1,000 1,029 1,010 991 963 954 888
Product Type 2 673 713 752 792 832 847 871 855 840 816 808 752
Product Type 3 561 594 627 660 693 706 726 713 700 680 673 627
Product Type 4 458 485 512 539 566 577 593 582 571 555 550 512
Product Type 5 281 297 314 330 347 353 363 356 350 340 337 314
IAL VERSION
Sales Revenue, $
Product Type 1 83,449 88,358 93,266 98,175 103,084 105,047 107,993 106,029 104,066 101,120 100,139 93,266
Product Type 2 63,617 67,360 71,102 74,844 78,586 80,083 82,328 80,832 79,335 77,089 76,341 71,102
Product Type 3 47,124 49,896 52,668 55,440 58,212 59,321 60,984 59,875 58,766 57,103 56,549 52,668
THIS REPORT
Product Type 4 33,674 35,655 37,636 39,617 41,597 42,390 43,578 42,786 41,993 40,805 40,409 37,636
Product Type 5 17,672 18,711 19,751 20,790 21,830 22,245 22,869 22,453 22,037 21,414 21,206 19,751
Charts data ($'000)
MIUM VERSION
Revenue
Product Type 1 83 88 93 98 103 105 108 106 104 101 100 93
Product Type 2 64 67 71 75 79 80 82 81 79 77 76 71
Product Type 3 47 50 53 55 58 59 61 60 59 57 57 53
Product Type 4 34 36 38 40 42 42 44 43 42 41 40 38
Product Type 5 18 19 20 21 22 22 23 22 22 21 21 20
Total Revenue 246 260 274 289 303 309 318 312 306 298 295 274
CASH INFLOW 233 253 267 282 296 306 313 315 309 302 296 285
CASH OUTFLOW (193) (201) (208) (216) (223) (228) (232) (231) (227) (223) (221) (298)
CASH 1,455 1,480 1,511 1,550 1,595 1,646 1,700 1,756 1,810 1,861 1,908 1,866
COGS (83) (88) (92) (97) (102) (104) (107) (105) (103) (100) (99) (92)
OPEX (109) (112) (115) (118) (120) (121) (123) (122) (121) (119) (119) (115)
EBITDA 53 60 67 74 81 83 88 85 82 78 77 67
EBIT 53 59 66 73 80 83 87 84 81 77 76 66
Total Staff 12 12 12 12 12 12 12 12 12 12 12 12

Outputs
Model Name
Fiscal year ### 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023

Product Type 1 874 926 977 1,029 1,080 1,100 1,131 1,111 1,090 1,059 1,049 977
Product Type 2 741 784 828 871 915 932 958 941 923 897 889 828
Product Type 3 617 653 690 726 762 777 799 784 770 748 741 690
Product Type 4 504 534 563 593 623 634 652 640 628 611 605 563
Product Type 5 309 327 345 363 381 388 399 392 385 374 370 345

Sales Revenue, $
Product Type 1 96,383 102,053 107,723 113,392 119,062 121,330 124,731 122,463 120,196 116,794 115,660 107,723
Product Type 2 73,478 77,800 82,123 86,445 90,767 92,496 95,089 93,360 91,632 89,038 88,174 82,123
Product Type 3 54,428 57,630 60,832 64,033 67,235 68,516 70,437 69,156 67,875 65,954 65,314 60,832

Product Type 4 38,893 41,181 43,469 45,757 48,045 48,960 50,333 49,418 48,502 47,130 46,672 43,469
Product Type 5 20,411 21,611 22,812 24,012 25,213 25,693 26,414 25,933 25,453 24,733 24,493 22,812
Charts data ($'000)

Revenue
Product Type 1 96 102 108 113 119 121 125 122 120 117 116 108
Product Type 2 73 78 82 86 91 92 95 93 92 89 88 82
Product Type 3 54 58 61 64 67 69 70 69 68 66 65 61
Product Type 4 39 41 43 46 48 49 50 49 49 47 47 43
Product Type 5 20 22 23 24 25 26 26 26 25 25 24 23
Total Revenue 284 300 317 334 350 357 367 360 354 344 340 317
CASH INFLOW 279 292 309 325 342 354 362 364 357 349 342 329
CASH OUTFLOW (222) (228) (236) (244) (253) (258) (262) (261) (257) (253) (250) (345)
CASH 1,895 1,931 1,975 2,027 2,087 2,153 2,224 2,297 2,367 2,433 2,495 2,448
COGS (92) (98) (103) (109) (114) (116) (120) (117) (115) (112) (111) (103)
OPEX (127) (130) (134) (137) (140) (141) (143) (142) (140) (139) (138) (134)
EBITDA 64 72 80 88 96 100 104 101 98 93 91 80
EBIT 63 71 79 87 96 99 104 100 97 92 91 79
Total Staff 14 14 14 14 14 14 14 14 14 14 14 14

Outputs
Model Name
Fiscal year ### 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024

Product Type 1 962 1,018 1,075 1,131 1,188 1,211 1,244 1,222 1,199 1,165 1,154 1,075
Product Type 2 815 862 910 958 1,006 1,025 1,054 1,035 1,016 987 977 910
Product Type 3 679 719 759 799 839 855 878 862 847 823 815 759
Product Type 4 554 587 620 652 685 698 717 704 691 672 665 620
Product Type 5 339 359 379 399 419 427 439 431 423 411 407 379

Sales Revenue, $
Product Type 1 111,323 117,871 124,420 130,968 137,516 140,136 144,065 141,445 138,826 134,897 133,587 124,420
Product Type 2 84,867 89,859 94,852 99,844 104,836 106,833 109,828 107,831 105,834 102,839 101,841 94,852
Product Type 3 62,865 66,563 70,260 73,958 77,656 79,135 81,354 79,875 78,396 76,177 75,438 70,260

Product Type 4 44,922 47,564 50,207 52,849 55,492 56,549 58,134 57,077 56,020 54,435 53,906 50,207
Product Type 5 23,574 24,961 26,348 27,734 29,121 29,676 30,508 29,953 29,398 28,566 28,289 26,348
Charts data ($'000)

Revenue
Product Type 1 111 118 124 131 138 140 144 141 139 135 134 124
Product Type 2 85 90 95 100 105 107 110 108 106 103 102 95
Product Type 3 63 67 70 74 78 79 81 80 78 76 75 70
Product Type 4 45 48 50 53 55 57 58 57 56 54 54 50
Product Type 5 24 25 26 28 29 30 31 30 29 29 28 26
Total Revenue 328 347 366 385 405 412 424 416 408 397 393 366
CASH INFLOW 322 337 356 376 395 408 418 420 412 403 395 380
CASH OUTFLOW (250) (257) (266) (276) (286) (291) (297) (295) (292) (286) (283) (401)
CASH 2,491 2,571 2,661 2,761 2,870 2,987 3,109 3,233 3,354 3,470 3,582 3,561
COGS (103) (109) (115) (122) (128) (130) (134) (131) (129) (125) (124) (115)
OPEX (146) (150) (154) (157) (161) (162) (165) (163) (162) (159) (159) (154)
EBITDA 78 87 97 107 116 120 126 122 118 112 110 97
EBIT 77 87 96 106 115 119 125 121 117 112 110 96
Total Staff 16 16 16 16 16 16 16 16 16 16 16 16

Outputs
Model Name
Fiscal year ### 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025

Product Type 1 1,058 1,120 1,182 1,244 1,307 1,332 1,369 1,344 1,319 1,282 1,269 1,182
Product Type 2 896 949 1,001 1,054 1,107 1,128 1,160 1,138 1,117 1,086 1,075 1,001
Product Type 3 747 791 835 878 922 940 966 949 931 905 896 835
Product Type 4 610 646 682 717 753 768 789 775 760 739 732 682
Product Type 5 373 395 417 439 461 470 483 474 466 452 448 417

Sales Revenue, $
Product Type 1 128,578 136,141 143,705 151,268 158,831 161,857 166,395 163,369 160,344 155,806 154,293 143,705
Product Type 2 98,022 103,788 109,554 115,320 121,086 123,392 126,852 124,545 122,239 118,779 117,626 109,554
Product Type 3 72,609 76,880 81,151 85,422 89,693 91,401 93,964 92,256 90,547 87,985 87,130 81,151

Product Type 4 51,885 54,937 57,989 61,041 64,093 65,314 67,145 65,924 64,704 62,872 62,262 57,989
Product Type 5 27,228 28,830 30,432 32,033 33,635 34,276 35,237 34,596 33,955 32,994 32,674 30,432
Charts data ($'000)

Revenue
Product Type 1 129 136 144 151 159 162 166 163 160 156 154 144
Product Type 2 98 104 110 115 121 123 127 125 122 119 118 110
Product Type 3 73 77 81 85 90 91 94 92 91 88 87 81
Product Type 4 52 55 58 61 64 65 67 66 65 63 62 58
Product Type 5 27 29 30 32 34 34 35 35 34 33 33 30
Total Revenue 378 401 423 445 467 476 490 481 472 458 454 423
CASH INFLOW 372 389 412 434 456 472 483 485 476 465 456 438
CASH OUTFLOW (282) (290) (301) (312) (323) (330) (336) (334) (330) (324) (321) (465)
CASH 3,650 3,749 3,860 3,981 4,114 4,256 4,403 4,554 4,700 4,841 4,977 4,950
COGS (116) (122) (129) (136) (143) (145) (150) (147) (144) (140) (139) (129)
OPEX (167) (171) (175) (180) (184) (185) (188) (186) (185) (182) (181) (175)
EBITDA 96 107 118 130 141 145 152 148 143 136 134 118
EBIT 95 107 118 129 140 145 151 147 142 136 133 118
Total Staff 18 18 18 18 18 18 18 18 18 18 18 18

Capital
Model Name
Fiscal year 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021
Capital - Calculation, $
Debt_1
Funds Drawn

Opening Balance - 1,000,000 974,578 949,029 923,352 897,547 871,613 845,549 819,355 793,030 766,573
Debt Drawdowns 1,000,000 - - - - - - - - - -
Debt Repayments - (25,422) (25,549) (25,677) (25,805) (25,934) (26,064) (26,194) (26,325) (26,457) (26,589)
Closing Debt Balance 1,000,000 974,578 949,029 923,352 897,547 871,613 845,549 819,355 793,030 766,573 739,984
Debt Repayments Calculation - 25,422 25,549 25,677 25,805 25,934 26,064 26,194 26,325 26,457 26,589

Interest Expense
Interest Expense - 5,000 4,873 4,745 4,617 4,488 4,358 4,228 4,097 3,965 3,833
Debt_2

Funds Drawn
Opening Balance - - - - - - - - - - -
Debt Drawdowns - - - - - - - - - - -
Debt Repayments - - - - - - - - - - -
Closing Debt Balance - - - - - - - - - - -
Debt Repayments Calculation - - - - - - - - - - -
Interest Expense
Interest Expense - - - - - - - - - - -
Debt_3
Funds Drawn
Opening Balance - - - - - - - - - - -
Debt Drawdowns - - - - - - - - - - -
Debt Repayments - - - - - - - - - - -
Closing Debt Balance - - - - - - - - - - -
Debt Repayments Calculation - - - - - - - - - - -
Interest Expense
Interest Expense - - - - - - - - - - -
Built with finmodelslab.com template Capital 11/11/2021

Capital
Model Name
Fiscal year 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021
Total Debts, $
Funds Drawn
Opening Balance - 1,000,000 974,578 949,029 923,352 897,547 871,613 845,549 819,355 793,030 766,573
Debt Drawdowns 1,000,000 - - - - - - - - - -

Debt Repayments - (25,422) (25,549) (25,677) (25,805) (25,934) (26,064) (26,194) (26,325) (26,457) (26,589)
Closing Debt Balance 1,000,000 974,578 949,029 923,352 897,547 871,613 845,549 819,355 793,030 766,573 739,984
Interest Expense
Interest Expense - 5,000 4,873 4,745 4,617 4,488 4,358 4,228 4,097 3,965 3,833

Ordinary Equity, $
Ordinary Equity Balances
Opening Balance - 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Founders 300,000 - - - - - - - - - -
Series A - - - - - - - - - - -
Series B - - - - - - - - - - -

Series C - - - - - - - - - - -
Equity Repayments
Closing Ordinary Equity 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Grant, $
Funds Drawn - - - - - - - - - - -
Total Grants, $
Funds Drawn - - - - - - - - - - -
Closing Balance - - - - - - - - - - -

Capital
Model Name
Fiscal year 2021 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022
Month Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22
Debt_1
Funds Drawn
IAL VERSIONTHIS IS A TRIAL VERSION

Opening Balance 739,984 713,262 686,406 659,416 632,291 605,031 577,634 550,100 522,429 494,619 466,670 438,582
Debt Drawdowns - - - - - - - - - - - -
Debt Repayments (26,722) (26,856) (26,990) (27,125) (27,260) (27,397) (27,534) (27,671) (27,810) (27,949) (28,089) (28,229)
Closing Debt Balance 713,262 686,406 659,416 632,291 605,031 577,634 550,100 522,429 494,619 466,670 438,582 410,353
Debt Repayments Calculation 26,722 26,856 26,990 27,125 27,260 27,397 27,534 27,671 27,810 27,949 28,089 28,229
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Interest Expense
Interest Expense 3,700 3,566 3,432 3,297 3,161 3,025 2,888 2,751 2,612 2,473 2,333 2,193
Debt_2
MIUM VERSION
Funds Drawn
Opening Balance - - - - - - - - - - - -
Debt Drawdowns - - - - - - - - - - - -
Debt Repayments - - - - - - - - - - - -
Closing Debt Balance - - - - - - - - - - - -
Debt Repayments Calculation - - - - - - - - - - - -
Interest Expense
Debt_3
Funds Drawn
Opening Balance - - - - - - - - - - - -
Debt Drawdowns - - - - - - - - - - - -
Debt Repayments - - - - - - - - - - - -
Interest Expense

Capital
Model Name
Fiscal year 2021 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022
Total Debts, $
Funds Drawn
Opening Balance 739,984 713,262 686,406 659,416 632,291 605,031 577,634 550,100 522,429 494,619 466,670 438,582
Debt Drawdowns - - - - - - - - - - - -
IAL VERSIONTHIS IS A TRIAL VERSION

Debt Repayments (26,722) (26,856) (26,990) (27,125) (27,260) (27,397) (27,534) (27,671) (27,810) (27,949) (28,089) (28,229)
Interest Expense
Interest Expense 3,700 3,566 3,432 3,297 3,161 3,025 2,888 2,751 2,612 2,473 2,333 2,193
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Ordinary Equity, $
Opening Balance 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Founders - - - - - - - - - - - -
Series A - - - - - - - - - - - -
Series B - - - - - - - - - - - -
MIUM VERSION
Series C - - - - - - - - - - - -
Equity Repayments
Closing Ordinary Equity 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Grant, $
Funds Drawn - - - - - - - - - - - -
Total Grants, $
Funds Drawn - - - - - - - - - - - -
Closing Balance - - - - - - - - - - - -

Capital
Model Name
Fiscal year 2022 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023
Debt_1
Funds Drawn

Opening Balance 410,353 381,982 353,470 324,816 296,018 267,076 237,990 208,758 179,379 149,854 120,182 90,361
Debt Drawdowns - - - - - - - - - - - -
Debt Repayments (28,370) (28,512) (28,655) (28,798) (28,942) (29,087) (29,232) (29,378) (29,525) (29,673) (29,821) (29,970)
Debt Repayments Calculation 28,370 28,512 28,655 28,798 28,942 29,087 29,232 29,378 29,525 29,673 29,821 29,970

Interest Expense
Interest Expense 2,052 1,910 1,767 1,624 1,480 1,335 1,190 1,044 897 749 601 452
Debt_2

Funds Drawn
Opening Balance - - - - - - - - - - - -
Debt Drawdowns - - - - - - - - - - - -
Debt Repayments - - - - - - - - - - - -
Interest Expense
Debt_3
Funds Drawn
Opening Balance - - - - - - - - - - - -
Debt Drawdowns - - - - - - - - - - - -
Debt Repayments - - - - - - - - - - - -
Interest Expense

Capital
Model Name
Fiscal year 2022 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023
Total Debts, $
Funds Drawn
Opening Balance 410,353 381,982 353,470 324,816 296,018 267,076 237,990 208,758 179,379 149,854 120,182 90,361
Debt Drawdowns - - - - - - - - - - - -

Debt Repayments (28,370) (28,512) (28,655) (28,798) (28,942) (29,087) (29,232) (29,378) (29,525) (29,673) (29,821) (29,970)
Interest Expense
Interest Expense 2,052 1,910 1,767 1,624 1,480 1,335 1,190 1,044 897 749 601 452

Ordinary Equity, $
Opening Balance 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Founders - - - - - - - - - - - -
Series A - - - - - - - - - - - -
Series B - - - - - - - - - - - -

Series C - - - - - - - - - - - -
Equity Repayments
Grant, $
Funds Drawn - - - - - - - - - - - -
Total Grants, $
Funds Drawn - - - - - - - - - - - -
Closing Balance - - - - - - - - - - - -

Capital
Model Name
Fiscal year 2023 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024
Debt_1
Funds Drawn

Opening Balance 60,391 30,271 0 0 0 0 0 0 0 0 0 0
Debt Drawdowns - - - - - - - - - - - -
Debt Repayments (30,120) (30,271) - - - - - - - - - -
Closing Debt Balance 30,271 0 0 0 0 0 0 0 0 0 0 0
Debt Repayments Calculation 30,120 30,271 - - - - - - - - - -

Interest Expense
Interest Expense 302 151 - - - - - - - - - -
Debt_2

Funds Drawn
Opening Balance - - - - - - - - - - - -
Debt Drawdowns - - - - - - - - - - - -
Debt Repayments - - - - - - - - - - - -
Interest Expense
Debt_3
Funds Drawn
Opening Balance - - - - - - - - - - - -
Debt Drawdowns - - - - - - - - - - - -
Debt Repayments - - - - - - - - - - - -
Interest Expense

Capital
Model Name
Fiscal year 2023 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024
Total Debts, $
Funds Drawn
Opening Balance 60,391 30,271 0 0 0 0 0 0 0 0 0 0

Debt Drawdowns - - - - - - - - - - - -

Debt Repayments (30,120) (30,271) - - - - - - - - - -
Closing Debt Balance 30,271 0 0 0 0 0 0 0 0 0 0 0
Interest Expense
Interest Expense 302 151 - - - - - - - - - -

Ordinary Equity, $
Opening Balance 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Founders - - - - - - - - - - - -
Series A - - - - - - - - - - - -
Series B - - - - - - - - - - - -

Series C - - - - - - - - - - - -
Equity Repayments
Grant, $
Funds Drawn - - - - - - - - - - - -
Total Grants, $
Funds Drawn - - - - - - - - - - - -
Closing Balance - - - - - - - - - - - -

Capital
Model Name
Fiscal year 2024 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025
Month Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25
Debt_1
Funds Drawn

Opening Balance 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt Drawdowns - - - - - - - - - - - - -
Debt Repayments - - - - - - - - - - - - -
Closing Debt Balance 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt Repayments Calculation - - - - - - - - - - - - -

Interest Expense
Interest Expense - - - - - - - - - - - - -
Debt_2

Funds Drawn
Opening Balance - - - - - - - - - - - - -
Debt Drawdowns - - - - - - - - - - - - -
Debt Repayments - - - - - - - - - - - - -
Closing Debt Balance - - - - - - - - - - - - -
Interest Expense
Debt_3
Funds Drawn
Opening Balance - - - - - - - - - - - - -
Debt Drawdowns - - - - - - - - - - - - -
Debt Repayments - - - - - - - - - - - - -
Closing Debt Balance - - - - - - - - - - - - -
Interest Expense

Capital
Model Name
Fiscal year 2024 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025 2025
Month Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25
Total Debts, $
Funds Drawn
Opening Balance 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt Drawdowns - - - - - - - - - - - - -

Debt Repayments - - - - - - - - - - - - -
Closing Debt Balance 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Expense

Ordinary Equity, $
Opening Balance 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Founders - - - - - - - - - - - - -
Series A - - - - - - - - - - - - -
Series B - - - - - - - - - - - - -

Series C - - - - - - - - - - - - -
Equity Repayments
Closing Ordinary Equity 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000
Grant, $
Funds Drawn - - - - - - - - - - - - -
Total Grants, $
Funds Drawn - - - - - - - - - - - - -
Closing Balance - - - - - - - - - - - - -

Time Series
Model Name
Go to Table of Contents
Time Series - Lookups
Month Days Names
Month Day LU_TS_Mth_Days

1
2
3

4
5
6
7
8
9
10
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11
12
13
14
15
16
17
18

19
20
21
22
23
24
25
26
27
28
29
30
31

Time Series
Model Name
Month Names Names
Month Name LU_TS_Mth_Names

January
February
March
April
May
June

July
August
September
October
November
December

Periods In Periods
Periods In Period
60 TS_Secs_In_Min
60 TS_Mins_In_Hr
24 TS_Hrs_In_Day
7 TS_Days_In_Wk
3 TS_Mths_In_Qtr

6 TS_Mths_In_Half
12 TS_Mths_In_Yr
2 TS_Qtrs_In_Half
4 TS_Qtrs_In_Yr
2 TS_Halves_In_Yr
Denominations Names
Denomination LU_TS_Denom
$
$'000
$'Millions
$'Billions
Denomination Conversions Names
Denomination Conversion LU_TS_Denom_Conv

1
1,000 TS_Thousand
1,000,000 TS_Million
1,000,000,000 TS_Billion

Time Series
Model Name
LU_Exp_Type Names
One time LU_Exp_Type

Daily
Weekly
Bi-Weekly
Monthly
Quarterly

Semi-Annually
Yearly
LU_Launch_Dev_Exp Names
0M LU_Launch_Dev_Exp

1M
2M
3M

Outputs & Other
Model Name
Financial Statements Summary - Lookups
First Displayed Periods Names
First Displayed Period LU_FS_Sum_First_Disp_Per

2021
2022
2023

2024
2025
Top Revenue - Lookups

First Displayed Period LU_Top_Rev_First_Disp_Per
2021
2022
2023
2024
2025

Displayed Periods Names
Displayed Period LU_Top_Rev_Dis_Pers

2021
2022
2023
2024
2025
Top Expenses - Lookups
First Displayed Period LU_Top_Exp_First_Disp_Per

2021
2022
2023
2024
2025
Displayed Periods Names
Displayed Period LU_Top_Exp_Dis_Pers

2021
2022
2023
2024
2025
Built with finmodelslab.com template Outputs and Other 11/11/2021

TRIAL Palm Oil Financial Model v.1.0

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TRIAL Palm Oil Financial Model v.1.0

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Table of Contents - Section & Sheet Titles

1 Reports What each tab does

2 Assumptions and calculations

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Product types Average Monthly Capacity Utilization, %

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Product types Product Sales Price per unit, $

PURCHASE PREMIUM VERSION

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PURCHASE PREMIUM VERSION

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PURCHASE PREMIUM VERSION

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Revenue Summary ($'000) - 5 Years to December 2025

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Revenue Summary ($'000) - 5 Years to December 2025

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Revenue Depth ($'000) - 2022 Monthly Run-Rate ($'000) - 2022

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Top 5 Expense Categories ($'000) - 5 Years to December 2025

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Top 5 Expense Categories ($'000) - 5 Years to December 2025

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Expenses Bridge ($'000) - 2021 Total Expenses to 2025 Total Expenses

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Break Even Chart ($'000)

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Fiscal Year 2021 2022 2023 2024 2025

Revenue 2,799 3,484 4,024 4,647 5,368

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PURCHASE PREMIUM VER

Free Cash Flow Valuation ($'000)

Discounted Cash Flow ($'000)

NPV based on year 5 7,135

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PURCHASE PREMIUM VER

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Funding Structure ($'000)

Debts 1,000.0 76.9% Debts

Gearing (debt to equity) 3.3x

Total Funding 1,300.0 100.0%