Valuation for JFIL - findataslice

	Jubilant Flame International, Ltd (JFIL)
	Q1-CY2026	Q4-CY2025	Q3-CY2025	Q2-CY2025	Q1-CY2025	Q4-CY2024	Q3-CY2024	Q2-CY2024	Q1-CY2024	Q4-CY2023	Q3-CY2023	Q2-CY2023	Q1-CY2023	Q4-CY2022	Q3-CY2022	Q2-CY2022	Q1-CY2022	Q4-CY2021	Q3-CY2021	Q2-CY2021	Q1-CY2021	Q4-CY2020	Q3-CY2020	Q2-CY2020	Q1-CY2020	Q4-CY2019	Q3-CY2019	Q2-CY2019	Q1-CY2019	Q4-CY2018	Q3-CY2018	Q2-CY2018	Q1-CY2018	Q4-CY2017	Q3-CY2017	Q2-CY2017	Q1-CY2017	Q4-CY2016	Q3-CY2016	Q2-CY2016	Q1-CY2016	Q4-CY2015	Q3-CY2015	Q2-CY2015	Q1-CY2015	Q4-CY2014	Q3-CY2014	Q2-CY2014	Q1-CY2014
Balance Sheet Date		2025-Nov-30	2025-Aug-31	2025-May-31	2025-Feb-28	2024-Nov-30	2024-Aug-31	2024-May-31	2024-Feb-29	2023-Nov-30	2023-Aug-31	2023-May-31	2023-Feb-28	2022-Nov-30	2022-Aug-31	2022-May-31	2022-Feb-28	2021-Nov-30	2021-Aug-31	2021-May-31	2021-Feb-28	2020-Nov-30	2020-Aug-31	2020-May-31	2020-Feb-29	2019-Nov-30	2019-Aug-31	2019-May-31	2019-Feb-28	2018-Nov-30	2018-Aug-31	2018-May-31	2018-Feb-28	2017-Nov-30	2017-Aug-31	2017-May-31	2017-Feb-28	2016-Nov-30	2016-Aug-31	2016-May-31	2016-Feb-29	2015-Nov-30	2015-Aug-31	2015-May-31	2015-Feb-28	2014-Nov-30	2014-Aug-31	2014-May-31	2014-Feb-28
Fiscal Period		Q3-FY2025	Q2-FY2025	Q1-FY2025	Q4-FY2024	Q3-FY2024	Q2-FY2024	Q1-FY2024	Q4-FY2023	Q3-FY2023	Q2-FY2023	Q1-FY2023	Q4-FY2022	Q3-FY2022	Q2-FY2022	Q1-FY2022	Q4-FY2021	Q3-FY2021	Q2-FY2021	Q1-FY2021	Q4-FY2020	Q3-FY2020	Q2-FY2020	Q1-FY2020	Q4-FY2019	Q3-FY2019	Q2-FY2019	Q1-FY2019	Q4-FY2018	Q3-FY2018	Q2-FY2018	Q1-FY2018	Q4-FY2017	Q3-FY2017	Q2-FY2017	Q1-FY2017	Q4-FY2016	Q3-FY2016	Q2-FY2016	Q1-FY2016	Q4-FY2015	Q3-FY2015	Q2-FY2015	Q1-FY2015	Q4-FY2014	Q3-FY2014	Q2-FY2014	Q1-FY2014	Q4-FY2013
Close Price of Common Stock
Market Cap of Common Stock
QoQ%
YoY%
Common Shares Outstanding	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,985,708	19,548,208	19,548,208	19,548,208	19,548,208	19,048,208	19,048,208	19,048,208	19,048,208	18,923,208	18,798,208	18,673,208	18,548,208	18,485,708	18,460,708	18,435,708	18,410,708	18,385,708	18,360,708	18,235,708	16,557,931	15,904,757	10,221,425	8,678,571	8,678,571	8,678,571	8,678,571	8,500,000	8,500,000	8,500,000	8,500,000	8,500,000	8,500,000
QoQ%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	2.24%	.00%	.00%	.00%	2.63%	.00%	.00%	.00%	.66%	.67%	.67%	.67%	.34%	.14%	.14%	.14%	.14%	.14%	.69%	10.13%	4.11%	55.60%	17.78%	.00%	.00%	.00%	2.10%	.00%	.00%	.00%	.00%	.00%	30.77%
YoY%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	2.24%	2.24%	2.24%	2.24%	2.63%	2.63%	2.63%	2.63%	.66%	1.33%	2.01%	2.70%	2.37%	1.83%	1.29%	.75%	.54%	.55%	1.10%	11.19%	15.60%	79.63%	110.12%	90.79%	83.27%	17.78%	2.10%	2.10%	2.10%	2.10%	.00%	.00%	30.77%	70.34%	30.77%	28.79%
Price to Sales
Price to Earnings
Price to Book
Total Revenue																	(7,780$)	0$	22,000$	0$	0$	0$	0$	0$	48$	20,434$	10,185$	6,330$	14,953$	24,099$	5,849$	8,241$	13,621$	0$	(320$)	(8,198$)	(8,967$)	(30,050$)	(7,335$)	(5,590$)					10$	0$	0$	2$
QoQ%																	.00%	(100.00%)	.00%	.00%	.00%	.00%	.00%	(100.00%)	(99.77%)	100.63%	60.90%	(57.67%)	(37.95%)	312.02%	(29.03%)	(39.50%)	.00%	100.00%	96.10%	8.58%	70.16%	(309.68%)	(31.22%)						.00%	.00%	(100.00%)
YoY%																	.00%	.00%	.00%	.00%	(100.00%)	(100.00%)	(100.00%)	(100.00%)	(99.68%)	(15.21%)	74.13%	(23.19%)	9.78%	.00%	1,927.81%	200.53%	251.90%	100.00%	95.64%	(46.66%)
TTM																	14,220$	22,000$	22,000$	0$	0$	48$	20,482$	30,667$	36,997$	51,902$	55,567$	51,231$	53,142$	51,810$	27,711$	21,542$	5,103$	(17,485$)	(47,535$)	(54,550$)	(51,942$)								12$
TTM_QoQ%																	(35.36%)	.00%	.00%	.00%	(100.00%)	(99.77%)	(33.21%)	(17.11%)	(28.72%)	(6.60%)	8.46%	(3.60%)	2.57%	86.97%	28.64%	322.14%	129.19%	63.22%	12.86%	(5.02%)
TTM_YoY%																	.00%	45,733.33%	7.41%	(100.00%)	(100.00%)	(99.91%)	(63.14%)	(40.14%)	(30.38%)	.18%	100.52%	137.82%	941.39%	396.31%	158.30%	139.49%	109.82%
Gross Margin																	100.00%		100.00%						29.17%	74.51%	52.56%	57.06%	(92.61%)	30.06%	32.88%	56.80%	89.19%		100.00%	100.00%	100.00%	100.00%	100.00%	100.00%					100.00%			100.00%
QoQ																									(45.34%)	21.95%	(4.50%)	149.67%	(122.67%)	(2.82%)	(23.92%)	(32.39%)			.00%	.00%	.00%	.00%	.00%
YoY																									121.78%	44.45%	19.68%	.26%	(181.80%)		(67.12%)	(43.20%)	(10.81%)		.00%	.00%
Operating Income		(14,496$)	(13,312$)	(19,190$)	(13,302$)	(14,130$)	(10,069$)	(22,171$)	(15,624$)	(14,954$)	(12,943$)	(23,844$)	(14,774$)	(14,754$)	(14,104$)	(17,913$)	(1,454$)	(23,253$)	(18,333$)	(21,528$)	(18,229$)	(22,985$)	(19,872$)	(23,100$)	(22,563$)	(10,440$)	(17,402$)	(25,742$)	(18,863$)	(94,215$)	(93,386$)	(1,109,635$)	(60,220$)	(171,429$)	(174,318$)	(180,604$)	(175,554$)	(181,705$)	(198,508$)	(173,385$)	(194,841$)	(75,104$)	(56,074$)	(51,037$)	(84,152$)	(49,921$)	(59,311$)	(51,077$)	(273,309$)
QoQ%		(8.89%)	30.63%	(44.26%)	5.86%	(40.33%)	54.59%	(41.90%)	(4.48%)	(15.54%)	45.72%	(61.39%)	(.14%)	(4.61%)	21.26%	(1,131.98%)	93.75%	(26.84%)	14.84%	(18.10%)	20.69%	(15.67%)	13.97%	(2.38%)	(116.12%)	40.01%	32.40%	(36.47%)	79.98%	(.89%)	91.58%	(1,742.64%)	64.87%	1.66%	3.48%	(2.88%)	3.39%	8.47%	(14.49%)	11.01%	(159.43%)	(33.94%)	(9.87%)	39.35%	(68.57%)	15.83%	(16.12%)	81.31%	(1,264.16%)
YoY%		(2.59%)	(32.21%)	13.45%	14.86%	5.51%	22.21%	7.02%	(5.75%)	(1.36%)	8.23%	(33.11%)	(916.09%)	36.55%	23.07%	16.79%	92.02%	(1.17%)	7.75%	6.81%	19.21%	(120.16%)	(14.19%)	10.26%	(19.62%)	88.92%	81.37%	97.68%	68.68%	45.04%	46.43%	(514.40%)	65.70%	5.66%	12.19%	(4.16%)	9.90%	(141.94%)	(254.01%)	(239.72%)	(131.54%)	(50.45%)	5.46%	.08%	69.21%	(149.17%)	(70.61%)	(527.40%)	(1,322.15%)
TTM		(60,300$)	(59,934$)	(56,691$)	(59,672$)	(61,994$)	(62,818$)	(65,692$)	(67,365$)	(66,515$)	(66,315$)	(67,476$)	(61,545$)	(48,225$)	(56,724$)	(60,953$)	(64,568$)	(81,343$)	(81,075$)	(82,614$)	(84,186$)	(88,520$)	(75,975$)	(73,505$)	(76,147$)	(72,447$)	(156,222$)	(232,206$)	(1,316,099$)	(1,357,456$)	(1,434,670$)	(1,515,602$)	(586,571$)	(701,905$)	(712,181$)	(736,371$)	(729,152$)	(748,439$)	(641,838$)	(499,404$)	(377,056$)	(266,367$)	(241,184$)	(244,421$)	(244,461$)	(433,618$)	(403,732$)	(379,185$)	(336,249$)
TTM_QoQ%		(.61%)	(5.72%)	5.00%	3.75%	1.31%	4.38%	2.48%	(1.28%)	(.30%)	1.72%	(9.64%)	(27.62%)	14.98%	6.94%	5.60%	20.62%	(.33%)	1.86%	1.87%	4.90%	(16.51%)	(3.36%)	3.47%	(5.11%)	53.63%	32.72%	82.36%	3.05%	5.38%	5.34%	(158.38%)	16.43%	1.44%	3.29%	(.99%)	2.58%	(16.61%)	(28.52%)	(32.45%)	(41.56%)	(10.44%)	1.32%	.02%	43.62%	(7.40%)	(6.47%)	(12.77%)	(728.67%)
TTM_YoY%		2.73%	4.59%	13.70%	11.42%	6.80%	5.27%	2.64%	(9.46%)	(37.93%)	(16.91%)	(10.70%)	4.68%	40.71%	30.04%	26.22%	23.30%	8.11%	(6.71%)	(12.39%)	(10.56%)	(22.19%)	51.37%	68.35%	94.21%	94.66%	89.11%	84.68%	(124.37%)	(93.40%)	(101.45%)	(105.82%)	19.55%	6.22%	(10.96%)	(47.45%)	(93.38%)	(180.98%)	(166.12%)	(104.32%)	(54.24%)	38.57%	40.26%	35.54%	27.30%	(968.63%)	(563.59%)	(528.82%)	(457.62%)
Operating Margin																	18.69%		(83.33%)						(47,006.25%)	(51.09%)	(170.86%)	(406.67%)	(126.15%)	(390.95%)	(1,596.62%)	(13,464.81%)	(442.11%)		54,474.38%	2,203.03%	1,957.78%	604.68%	2,706.31%	3,101.70%					(841,520.00%)			(2,553,850.00%)
QoQ																									(46,955.16%)	119.77%	235.81%	(280.52%)	264.80%	1,205.67%	11,868.20%	(13,022.70%)			52,271.35%	245.25%	1,353.10%	(2,101.64%)	(395.39%)
YoY																									(46,880.10%)	339.86%	1,425.76%	13,058.14%	315.96%		(56,070.99%)	(15,667.84%)	(2,399.89%)		51,768.06%	(898.67%)
Net Income		(14,496$)	(13,312$)	(19,190$)	(13,302$)	(78,610$)	(10,069$)	(22,171$)	(15,624$)	(88,528$)	60,631$	(23,844$)	14,774$	78,788$	(14,104$)	(17,913$)	(23,697$)	(23,253$)	3,667$	(21,528$)	(18,229$)	(22,985$)	(19,872$)	(23,100$)	(22,564$)	(10,440$)	(17,402$)	(25,742$)	(18,863$)	(94,215$)	(93,386$)	(109,635$)	(60,221$)	(171,429$)	(173,798$)	(188,802$)	(184,520$)	(211,755$)	(205,843$)	(178,975$)	(651,717$)	(75,104$)	(56,074$)	(51,037$)	(84,142$)	(49,921$)	(59,311$)	(51,075$)	(273,309$)
QoQ%		(8.89%)	30.63%	(44.26%)	83.08%	(680.71%)	54.59%	(41.90%)	82.35%	(246.01%)	354.28%	(261.39%)	(81.25%)	658.62%	21.26%	24.41%	(1.91%)	(734.12%)	117.03%	(18.10%)	20.69%	(15.67%)	13.97%	(2.38%)	(116.13%)	40.01%	32.40%	(36.47%)	79.98%	(.89%)	14.82%	(82.05%)	64.87%	1.36%	7.95%	(2.32%)	12.86%	(2.87%)	(15.01%)	72.54%	(767.75%)	(33.94%)	(9.87%)	39.34%	(68.55%)	15.83%	(16.13%)	81.31%	(1,264.16%)
YoY%		81.56%	(32.21%)	13.45%	14.86%	11.20%	(116.61%)	7.02%	(205.75%)	(212.36%)	529.89%	(33.11%)	162.35%	438.83%	(484.62%)	16.79%	(30.00%)	(1.17%)	118.45%	6.81%	19.21%	(120.16%)	(14.19%)	10.26%	(19.62%)	88.92%	81.37%	76.52%	68.68%	45.04%	46.27%	41.93%	67.36%	19.04%	15.57%	(5.49%)	71.69%	(181.95%)	(267.09%)	(250.68%)	(674.54%)	(50.45%)	5.46%	.07%	69.21%	(149.17%)	(70.61%)	(527.38%)	(198.51%)
TTM		(60,300$)	(124,414$)	(121,171$)	(124,152$)	(126,474$)	(136,392$)	(65,692$)	(67,365$)	(36,967$)	130,349$	55,614$	61,545$	23,074$	(78,967$)	(61,196$)	(64,811$)	(59,343$)	(59,075$)	(82,614$)	(84,186$)	(88,521$)	(75,976$)	(73,506$)	(76,148$)	(72,447$)	(156,222$)	(232,206$)	(316,099$)	(357,457$)	(434,671$)	(515,083$)	(594,250$)	(718,549$)	(758,875$)	(790,920$)	(781,093$)	(1,248,290$)	(1,111,639$)	(961,870$)	(833,932$)	(266,357$)	(241,174$)	(244,411$)	(244,449$)	(433,616$)	(403,730$)	(379,183$)	(336,249$)
TTM_QoQ%		51.53%	(2.68%)	2.40%	1.84%	7.27%	(107.62%)	2.48%	(82.23%)	(128.36%)	134.38%	(9.64%)	166.73%	129.22%	(29.04%)	5.58%	(9.21%)	(.45%)	28.49%	1.87%	4.90%	(16.51%)	(3.36%)	3.47%	(5.11%)	53.63%	32.72%	26.54%	11.57%	17.76%	15.61%	13.32%	17.30%	5.31%	4.05%	(1.26%)	37.43%	(12.29%)	(15.57%)	(15.34%)	(213.09%)	(10.44%)	1.32%	.02%	43.63%	(7.40%)	(6.47%)	(12.77%)	(117.64%)
TTM_YoY%		52.32%	8.78%	(84.45%)	(84.30%)	(242.13%)	(204.64%)	(218.12%)	(209.46%)	(260.21%)	265.07%	190.88%	194.96%	138.88%	(33.67%)	25.93%	23.02%	32.96%	22.25%	(12.39%)	(10.56%)	(22.19%)	51.37%	68.34%	75.91%	79.73%	64.06%	54.92%	46.81%	50.25%	42.72%	34.88%	23.92%	42.44%	31.73%	17.77%	6.34%	(368.65%)	(360.93%)	(293.55%)	(241.15%)	38.57%	40.26%	35.54%	27.30%	(180.66%)	(130.70%)	(116.69%)	(92.15%)
Profit Margin																	304.59%		16.67%						(47,008.33%)	(51.09%)	(170.86%)	(406.67%)	(126.15%)	(390.95%)	(1,596.62%)	(1,330.36%)	(442.12%)		54,311.88%	2,303.03%	2,057.77%	704.68%	2,806.31%	3,201.70%					(841,420.00%)			(2,553,750.00%)
QoQ																									(46,957.24%)	119.77%	235.81%	(280.52%)	264.80%	1,205.67%	(266.26%)	(888.24%)			52,008.85%	245.26%	1,353.09%	(2,101.64%)	(395.39%)
YoY																									(46,882.18%)	339.86%	1,425.76%	923.69%	315.97%		(55,908.49%)	(3,633.39%)	(2,499.89%)		51,505.56%	(898.67%)
Equity to Common Shareholders		(1,403,583$)	(1,389,087$)	(1,375,775$)	(1,356,585$)	(1,343,283$)	(1,329,153$)	(1,319,084$)	(1,296,913$)	(1,281,289$)	(1,266,335$)	(1,253,392$)	(1,229,548$)	(1,214,774$)	(1,200,020$)	(1,185,917$)	(1,168,003$)	(1,146,556$)	(1,127,803$)	(1,135,970$)	(1,118,942$)	(1,105,212$)	(1,086,727$)	(1,071,355$)	(1,052,756$)	(1,034,692$)	(1,028,752$)	(1,015,850$)	(994,608$)	(977,995$)	(936,280$)	(895,394$)	(838,259$)	(830,538$)	(711,609$)	(991,226$)	(991,226$)	(925,249$)	(905,176$)	(882,794$)	(808,819$)	(262,102$)	(606,641$)	(550,567$)	(499,530$)	(415,388$)	(365,468$)	(306,157$)	(255,082$)
QoQ		(14,496$)	(13,312$)	(19,190$)	(13,302$)	(14,130$)	(10,069$)	(22,171$)	(15,624$)	(14,954$)	(12,943$)	(23,844$)	(14,774$)	(14,754$)	(14,103$)	(17,914$)	(21,447$)	(18,753$)	8,167$	(17,028$)	(13,730$)	(18,485$)	(15,372$)	(18,600$)	(18,064$)	(5,940$)	(12,902$)	(21,242$)	(16,613$)	(41,715$)	(40,886$)	(57,135$)	(7,721$)	(118,929$)	279,617$	0$	(65,977$)	(20,073$)	(22,382$)	(73,975$)	(546,717$)	344,539$	(56,074$)	(51,037$)	(84,142$)	(49,920$)	(59,311$)	(51,075$)	(173,309$)
QoQ%		(1.04%)	(.97%)	(1.42%)	(.99%)	(1.06%)	(.76%)	(1.71%)	(1.22%)	(1.18%)	(1.03%)	(1.94%)	(1.22%)	(1.23%)	(1.19%)	(1.53%)	(1.87%)	(1.66%)	.72%	(1.52%)	(1.24%)	(1.70%)	(1.44%)	(1.77%)	(1.75%)	(.58%)	(1.27%)	(2.14%)	(1.70%)	(4.46%)	(4.57%)	(6.82%)	(.93%)	(16.71%)	28.21%	.00%	(7.13%)	(2.22%)	(2.54%)	(9.15%)	(208.59%)	56.80%	(10.19%)	(10.22%)	(20.26%)	(13.66%)	(19.37%)	(20.02%)	(211.94%)
YoY		(60,300$)	(59,934$)	(56,691$)	(59,672$)	(61,994$)	(62,818$)	(65,692$)	(67,365$)	(66,515$)	(66,315$)	(67,475$)	(61,545$)	(68,218$)	(72,217$)	(49,947$)	(49,061$)	(41,344$)	(41,076$)	(64,615$)	(66,187$)	(70,520$)	(57,975$)	(55,505$)	(58,148$)	(56,697$)	(92,472$)	(120,456$)	(156,349$)	(147,457$)	(224,671$)	95,832$	152,967$	94,711$	193,567$	(108,432$)	(182,407$)	(663,147$)	(298,535$)	(332,227$)	(309,289$)	153,286$	(241,173$)	(244,410$)	(244,448$)	(333,615$)	(303,730$)	(279,183$)	(236,249$)
YoY%		(4.49%)	(4.51%)	(4.30%)	(4.60%)	(4.84%)	(4.96%)	(5.24%)	(5.48%)	(5.48%)	(5.53%)	(5.69%)	(5.27%)	(5.95%)	(6.40%)	(4.40%)	(4.39%)	(3.74%)	(3.78%)	(6.03%)	(6.29%)	(6.82%)	(5.64%)	(5.46%)	(5.85%)	(5.80%)	(9.88%)	(13.45%)	(18.65%)	(17.75%)	(31.57%)	9.67%	15.43%	10.24%	21.38%	(12.28%)	(22.55%)	(253.01%)	(49.21%)	(60.34%)	(61.92%)	36.90%	(65.99%)	(79.83%)	(95.83%)	(407.98%)	(491.97%)	(1,035.01%)	(1,254.44%)
Dividends Paid
Additional Paid-In Capital QoQ		0$	0$	0$	0$	0$	0$	0$	0$	0$	0$	0$	0$	0$	0$	0$	1,812$	4,500$	4,500$	4,500$	4,000$	4,500$	4,500$	4,500$	4,375$	4,376$
Treasury Stock
QoQ
Goodwill
QoQ%
YoY%
Other Intangible Assets																																1,390$	3,473$	5,556$	7,639$	9,723$	11,806$	13,889$	15,972$	18,056$	20,139$
QoQ																																(2,083$)	(2,083$)	(2,083$)	(2,084$)	(2,083$)	(2,083$)	(2,083$)	(2,084$)	(2,083$)
Amortization of Intangible Assets																							0$	0$			0$	0$
Total Assets		4,175$	5,125$	9,025$	12,925$	16,855$	5,035$	8,815$	12,595$	17,502$	6,057$	9,612$	14,247$	3,582$	7,082$	10,582$	14,082$	41,011$	36,996$	18,068$	20,825$	28,798$	14,867$	20,970$	29,030$	32,320$	11,838$	22,488$	28,687$	40,658$	13,534$	18,213$	25,536$	24,950$	21,234$	25,009$	24,647$	35,056$	21,080$	25,994$	32,762$	424,640$	4,998$	4,998$	4,998$	34,988$	34,988$	34,988$	34,986$
QoQ		(950$)	(3,900$)	(3,900$)	(3,930$)	11,820$	(3,780$)	(3,780$)	(4,907$)	11,445$	(3,555$)	(4,635$)	10,665$	(3,500$)	(3,500$)	(3,500$)	(26,929$)	4,015$	18,928$	(2,757$)	(7,973$)	13,931$	(6,103$)	(8,060$)	(3,290$)	20,482$	(10,650$)	(6,199$)	(11,971$)	27,124$	(4,679$)	(7,323$)	586$	3,716$	(3,775$)	362$	(10,409$)	13,976$	(4,914$)	(6,768$)	(391,878$)	419,642$	0$	0$	(29,990$)	0$	0$	2$	30,000$
YoY		(12,680$)	90$	210$	330$	(647$)	(1,022$)	(797$)	(1,652$)	13,920$	(1,025$)	(970$)	165$	(37,429$)	(29,914$)	(7,486$)	(6,743$)	12,213$	22,129$	(2,902$)	(8,205$)	(3,522$)	3,029$	(1,518$)	343$	(8,338$)	(1,696$)	4,275$	3,151$	15,708$	(7,700$)	(6,796$)	889$	(10,106$)	154$	(985$)	(8,115$)	(389,584$)	16,082$	20,996$	27,764$	389,652$	(29,990$)	(29,990$)	(29,988$)	30,002$	30,002$	30,002$	29,986$
Total Liabilities		1,407,758$	1,394,212$	1,384,800$	1,369,510$	1,360,138$	1,334,188$	1,327,899$	1,309,508$	1,298,791$	1,272,392$	1,263,004$	1,243,795$	1,218,356$	1,207,102$	1,196,498$	1,182,085$	1,187,567$	1,164,799$	1,154,038$	1,139,767$	1,134,010$	1,101,594$	1,092,326$	1,081,786$	1,067,012$	1,040,590$	1,038,338$	1,023,296$	1,018,653$	949,814$	913,607$	863,795$	855,488$	732,843$	1,081,161$	1,015,873$	960,306$	926,256$	908,788$	841,581$	686,742$	611,639$	555,565$	504,528$	450,376$	400,456$	341,145$	290,068$
QoQ		13,546$	9,412$	15,290$	9,372$	25,950$	6,289$	18,391$	10,717$	26,399$	9,388$	19,209$	25,439$	11,254$	10,604$	14,413$	(5,482$)	22,768$	10,761$	14,271$	5,757$	32,416$	9,268$	10,540$	14,774$	26,422$	2,252$	15,042$	4,643$	68,839$	36,207$	49,812$	8,307$	122,645$	(348,318$)	65,288$	55,567$	34,050$	17,468$	67,207$	154,839$	75,103$	56,074$	51,037$	54,152$	49,920$	59,311$	51,077$	203,309$
YoY		47,620$	60,024$	56,901$	60,002$	61,347$	61,796$	64,895$	65,713$	80,435$	65,290$	66,506$	61,710$	30,789$	42,303$	42,460$	42,318$	53,557$	63,205$	61,712$	57,981$	66,998$	61,004$	53,988$	58,490$	48,359$	90,776$	124,731$	159,501$	163,165$	216,971$	(167,554$)	(152,078$)	(104,818$)	(193,413$)	172,373$	174,292$	273,564$	314,617$	353,223$	337,053$	236,366$	211,183$	214,420$	214,460$	363,617$	333,732$	309,185$	266,235$
Current Ratio		-	-	.01x	.01x	.01x	-	.01x	.01x	.01x	-	.01x	.01x	-	.01x	.01x	.01x	.03x	.03x	.02x	.02x	.03x	.01x	.02x	.03x	.03x	.01x	.02x	.03x	.04x	.01x	.02x	.03x	.02x	.02x	.01x	.01x	.02x	-	.01x	.01x	.01x	.01x	.01x	.01x	.01x	.01x	.01x	.02x
Total Current Assets		4,175$	5,125$	9,025$	12,925$	16,855$	5,035$	8,815$	12,595$	17,502$	6,057$	9,612$	14,247$	3,582$	7,082$	10,582$	14,082$	41,011$	36,996$	18,068$	20,825$	28,798$	14,867$	20,970$	29,030$	32,320$	11,838$	22,488$	28,687$	40,658$	13,534$	16,823$	22,063$	17,394$	11,595$	13,286$	10,841$	19,167$	3,108$	5,938$	10,623$	4,998$	4,998$	4,998$	4,998$	4,988$	4,988$	4,988$	4,986$
QoQ		(950$)	(3,900$)	(3,900$)	(3,930$)	11,820$	(3,780$)	(3,780$)	(4,907$)	11,445$	(3,555$)	(4,635$)	10,665$	(3,500$)	(3,500$)	(3,500$)	(26,929$)	4,015$	18,928$	(2,757$)	(7,973$)	13,931$	(6,103$)	(8,060$)	(3,290$)	20,482$	(10,650$)	(6,199$)	(11,971$)	27,124$	(3,289$)	(5,240$)	4,669$	5,799$	(1,691$)	2,445$	(8,326$)	16,059$	(2,830$)	(4,685$)	5,625$	0$	0$	0$	10$	0$	0$	2$	0$
Total Current Liabilities		1,407,758$	1,394,212$	1,384,800$	1,369,510$	1,360,138$	1,334,188$	1,327,899$	1,309,508$	1,298,791$	1,272,392$	1,263,004$	1,243,795$	1,218,356$	1,207,102$	1,196,498$	1,182,085$	1,187,567$	1,164,799$	1,154,038$	1,139,767$	1,134,010$	1,101,594$	1,092,326$	1,081,786$	1,067,012$	1,040,590$	1,038,338$	1,023,295$	1,018,653$	949,814$	913,607$	863,795$	855,488$	732,843$	1,079,521$	1,003,555$	943,410$	902,429$	813,834$	752,217$	686,742$	611,639$	555,565$	504,528$	450,376$	400,456$	341,145$	290,068$
QoQ		13,546$	9,412$	15,290$	9,372$	25,950$	6,289$	18,391$	10,717$	26,399$	9,388$	19,209$	25,439$	11,254$	10,604$	14,413$	(5,482$)	22,768$	10,761$	14,271$	5,757$	32,416$	9,268$	10,540$	14,774$	26,422$	2,252$	15,043$	4,642$	68,839$	36,207$	49,812$	8,307$	122,645$	(346,678$)	75,966$	60,145$	40,981$	88,595$	61,617$	65,475$	75,103$	56,074$	51,037$	54,152$	49,920$	59,311$	51,077$	203,309$
Debt to Asset Ratio		337.19x	272.04x	153.44x	105.96x	80.70x	264.98x	150.64x	103.97x	74.21x	210.07x	131.40x	87.30x	340.13x	170.45x	113.07x	83.94x	28.96x	31.48x	63.87x	54.73x	39.38x	74.10x	52.09x	37.26x	33.01x	87.90x	46.17x	35.67x	25.05x	70.18x	50.16x	33.83x	34.29x	34.51x	43.23x	41.22x	27.39x	43.94x	34.96x	25.69x	1.62x	122.38x	111.16x	100.95x	12.87x	11.45x	9.75x	8.29x
Long Term Debt
QoQ
YoY
Capital Lease Obligations
Cash and Cash Equivalents										2,502$	2,502$	2,502$	3,582$		3,582$	3,582$	3,582$	17,627$	24,612$	2,684$	2,441$	7,414$	2,483$	5,586$	10,628$	7,124$	2,401$	11,261$	12,115$	15,882$	3,450$	8,276$	8,036$	7,394$	8,407$	8,598$	3,653$	9,167$	295$	313$	4,988$	4,988$	4,988$	4,988$	4,988$	4,988$	4,988$	4,988$	4,986$
QoQ										0$	0$	(1,080$)			0$	0$	(14,045$)	(6,985$)	21,928$	243$	(4,973$)	4,931$	(3,103$)	(5,042$)	3,504$	4,723$	(8,860$)	(854$)	(3,767$)	12,432$	(4,826$)	240$	642$	(1,013$)	(191$)	4,945$	(5,514$)	8,872$	(18$)	(4,685$)	0$	0$	0$	0$	0$	0$	0$	2$	0$
YoY											(1,080$)	(1,080$)	0$		(21,030$)	898$	1,141$	10,213$	22,129$	(2,902$)	(8,187$)	290$	82$	(5,675$)	(1,487$)	(8,758$)	(1,049$)	2,985$	4,079$	8,488$	(4,957$)	(322$)	4,383$	(1,773$)	8,112$	8,285$	(1,345$)	4,179$	(4,693$)	(4,675$)	0$	0$	0$	0$	2$	2$	2$	2$	(14$)
Interest Expenses																																	0$	0$	320$
Interest Income																																													10$	0$	0$	2$