| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| IMXC.F | CPOP | SOHU | BHAT | GMM | | GMHS | |
| OTCPK:IMXC.F | NasdaqCM:CPOP | NasdaqGS:SOHU | NasdaqCM:BHAT | NasdaqCM:GMM | | NasdaqCM:GMHS | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | -8.2% | 20.0% | -2.3% | 31.8% | NM- | | NM- | |
| 3Y CAGR | -10.5% | 22.9% | -10.5% | 44.2% | 42.6% | | NM- | |
| Latest Twelve Months | -6.9% | 155.5% | -0.4% | -23.5% | 53.8% | | -13.6% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 27.8% | -10.2% | 0.4% | -81.9% | 13.2% | | 3.6% | |
| Prior Fiscal Year | 36.8% | -125.7% | -14.5% | -358.9% | 28.4% | | 1.9% | |
| Latest Fiscal Year | 34.0% | -17.8% | -18.3% | -37.7% | 16.5% | | 5.7% | |
| Latest Twelve Months | 34.0% | -17.8% | -18.3% | -61.7% | 16.5% | | 5.7% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 3.26x | 0.29x | -0.78x | 0.20x | 1.59x | | 0.48x | |
| EV / LTM EBIT | 9.6x | -1.6x | 4.2x | -0.3x | 9.7x | | 8.3x | |
| Price / LTM Sales | 4.23x | 0.19x | 0.67x | 0.23x | 1.65x | | 0.62x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | -0.78x | 0.29x | 3.26x | | | | | |
| Historical EV / LTM Revenue | 0.48x | 0.48x | 0.48x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 0.36x | 0.38x | 0.40x | | | | | |
| (x) LTM Revenue | 145 | 145 | 145 | | | | | |
| (=) Implied Enterprise Value | 53 | 56 | 58 | | | | | |
| (-) Non-shareholder Claims * | 20 | 20 | 20 | | | | | |
| (=) Equity Value | 73 | 76 | 79 | | | | | |
| (/) Shares Outstanding | 53.6 | 53.6 | 53.6 | | | | | |
| Implied Value Range | 1.36 | 1.41 | 1.47 | | | | | |
| FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 1.36 | 1.41 | 1.47 | | 1.67 | | | |
| Upside / (Downside) | -18.5% | -15.4% | -12.2% | | | | | |