| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| PRME | RAKR | EVGN | FLC | CH | | WATR | |
| CNSX:PRME | OTCPK:RAKR | TSXV:EVGN | ASX:FLC | TSXV:CH | | TSXV:WATR | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | NM- | NM- | NM- | -3.1% | NM- | | -3.7% | |
| 3Y CAGR | NM- | NM- | NM- | -22.8% | NM- | | 12.6% | |
| Latest Twelve Months | NM | 82.1% | 70.5% | -26.5% | 40.9% | | -51.3% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | -237.0% | -1262.9% | -48.2% | -7.9% | -4128.8% | | -44.5% | |
| Prior Fiscal Year | NA | NA | -68.5% | -6.9% | -19245.3% | | -48.2% | |
| Latest Fiscal Year | -237.0% | -768.2% | -63.3% | -18.9% | -1045.3% | | -26.7% | |
| Latest Twelve Months | -237.0% | -287.7% | -26.2% | -18.9% | -887.8% | | -114.2% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 87.18x | 41.12x | 2.99x | 0.95x | 30.31x | | 5.36x | |
| EV / LTM EBIT | -36.8x | -14.3x | -11.4x | -5.1x | -3.4x | | -4.7x | |
| Price / LTM Sales | 53.09x | 1.77x | 0.89x | 0.75x | 21.24x | | 4.79x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.95x | 30.31x | 87.18x | | | | | |
| Historical EV / LTM Revenue | 2.47x | 2.79x | 6.90x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 4.11x | 4.32x | 4.54x | | | | | |
| (x) LTM Revenue | 1 | 1 | 1 | | | | | |
| (=) Implied Enterprise Value | 5 | 5 | 6 | | | | | |
| (-) Non-shareholder Claims * | (1) | (1) | (1) | | | | | |
| (=) Equity Value | 4 | 5 | 5 | | | | | |
| (/) Shares Outstanding | 239.6 | 239.6 | 239.6 | | | | | |
| Implied Value Range | 0.02 | 0.02 | 0.02 | | | | | |
| FX Rate: CAD/CAD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 0.02 | 0.02 | 0.02 | | 0.03 | | | |
| Upside / (Downside) | -26.2% | -21.7% | -17.2% | | | | | |