Dmitry Vladov

Project Co Break Even Month 13 14 EBITDA Net Income EBITDA % Margin to Net Revenue 30 27.9 Operational Cash Flow¹ 12.4 Year 1 Year 2 27.2 Return on Investment 34.9 Year 3 Year 4 38.4 7.6% Year 5 ¹Cumulative Gross Revenue / Net Income Margin 28.5% 31.4% ²Monthly Average ³Million Res. Value = Ending Net Worth Disccount Rate = 5,375% pa 2 300 Receivables Operational Payments Fixed Assets Operational Cash Flow 20.9% 183 7.6% 10 966 Gross Revenue Services Other 7 554 -29.5% 1 013 2 300 Year 1 Year 2 4 500 (150) (471) (93) (115) (171) (32) (236) (59) (7) (36) Year 1 CoGS Royalties Depn&Amort Marketing Logistics&Delivery Interest Year 2 Year 3 Year 4 Personnel Credit Cards Taxes Year 5 25 475 Year Year 3 Selected Financial Ratios Current Ratio Quick Ratio Year 4 Year 5 Year 1 Year 2 Year 3 Year 4 Year 5 Year 1 Year 2 Year 3 Year 4 Year 5 0.7 1.1 3.3 4.1 5.5 0.1 0.1 2.1 3.2 4.5 Gross Profit Margin to Net Revenue 59.6% 67.0% 67.2% 67.3% 67.5% EBITA Profit Margin to Net Revenue 27.9% 12.4% 27.2% 34.9% 38.4% O/Heads to Sales 87.5% 54.6% 40.0% 32.4% 29.1% Net Profit Margin to Net Revenue 30.0% 7.7% 21.3% 28.9% 31.9% Return on Assets 82.4% 49.4% 77.1% 73.4% 71.0% Return on Equity na 151.6% 109.0% 96.4% 86.7% Days in Accounts Receivable 13.5 13.8 13.7 13.8 13.8 Inventory Turnover 9.2 9.1 9.2 9.2 9.2 $142.5 $251.7 $402.9 $572.4 $720.1 Revenue Per Employee - K Net Present Value³ Cumulative Operational Cash Flow -$K Profitability by Year $000 (748) $10.1 Internal Return Rate² 14 810 7 480 6 371 3 159 3 009 938 741 (488) (306)