Summary - Funding Rounds

COPA90 Income Statement

Annual

GBPFY, 2014FY, 2016FY, 2017FY, 2018

Revenue

3.4m3.1m6.7m12.5m

Revenue growth, %

114%

Cost of goods sold

2.1m8.1m

Gross profit

1.3m4.4m

Gross profit Margin, %

38%35%

Depreciation and amortization

6.2m89.0k

EBIT

(301.0k)(6.4m)

EBIT margin, %

(9%)(51%)

Interest expense

8.0k

Interest income

10.0k

Pre tax profit

(301.0k)(6.4m)

Income tax expense

Net Income

(301.0k)(7.0m)(6.2m)(6.4m)

COPA90 Balance Sheet

Annual

GBPFY, 2014FY, 2016FY, 2017FY, 2018

Cash

575.0k447.0k440.0k1.2m

Accounts Receivable

628.0k176.0k1.7m2.4m

Current Assets

1.3m1.2m2.5m4.0m

PP&E

22.0k87.0k111.0k138.0k

Total Assets

1.7m5.8m5.0m5.7m

Accounts Payable

142.0k478.0k366.0k570.0k

Current Liabilities

1.0m1.5m1.4m1.8m

Long-term debt

3.4m

Non-Current Liabilities

3.4m15.0k23.0k

Total Debt

3.4m

Total Liabilities

1.0m4.9m1.5m1.9m

Retained Earnings

(745.0k)(13.2m)(20.4m)(27.1m)

Total Equity

640.0k856.0k3.5m3.8m

Financial Leverage

2.6 x6.8 x1.4 x1.5 x