| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| NSYS | AITX | CVAT | VPG | AMPG | | DPLS | |
| NasdaqCM:NSYS | OTCPK:AITX | OTCPK:CVAT | NYSE:VPG | NasdaqCM:AMPG | | OTCPK:DPLS | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 4.2% | 81.0% | 4.6% | 1.5% | 45.4% | | NM- | |
| 3Y CAGR | 10.2% | 83.4% | 34.7% | -1.2% | 65.2% | | NM- | |
| Latest Twelve Months | -2.4% | 212.2% | 308.9% | -13.7% | -26.4% | | -98.6% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 1.8% | -743.1% | -79.6% | 10.5% | -27.3% | | -1564.1% | |
| Prior Fiscal Year | 2.9% | -952.8% | -204.6% | 12.3% | 1.4% | | -254.4% | |
| Latest Fiscal Year | 4.3% | -602.5% | 32.1% | 5.9% | -16.5% | | -691.3% | |
| Latest Twelve Months | 2.9% | -249.0% | 14.2% | 5.9% | -39.5% | | -11046.2% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.34x | 12.46x | 6.29x | 0.96x | 2.40x | | 281.09x | |
| EV / LTM EBIT | 11.4x | -5.0x | 44.3x | 16.4x | -6.1x | | -2.5x | |
| Price / LTM Sales | 0.20x | 5.82x | 6.72x | 1.04x | 2.01x | | 135.75x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.34x | 2.40x | 12.46x | | | | | |
| Historical EV / LTM Revenue | 4.80x | 5.30x | 90.18x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 217.75x | 229.21x | 240.67x | | | | | |
| (x) LTM Revenue | 0 | 0 | 0 | | | | | |
| (=) Implied Enterprise Value | 10 | 10 | 11 | | | | | |
| (-) Non-shareholder Claims * | (6) | (6) | (6) | | | | | |
| (=) Equity Value | 3 | 4 | 4 | | | | | |
| (/) Shares Outstanding | 11,983.0 | 11,983.0 | 11,983.0 | | | | | |
| Implied Value Range | 0.00 | 0.00 | 0.00 | | | | | |
| FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 0.00 | 0.00 | 0.00 | | 0.00 | | | |
| Upside / (Downside) | -46.7% | -38.2% | -29.8% | | | | | |