Project Cygnus

OPPORTUNITY SUMMARY

FINANCIAL PERFORMANCE

8,000

3,500

7,000

3,000

6,000

2,500

5,000

2,000

4,000

1,500

3,000

Turnover £'000

1,000

2,000

Adjusted EBITDA £'000

500

1,000

0

0

YE18

YE19

YE20

YE21

YE22

YE23 F'cast

Turnover

Adjusted EBITDA

FINANCIAL HIGHLIGHTS

A Achieved turnover of circa £6.3 million in YE22 with an adjusted EBITDA in excess of £2.4 million. A Forecast to generate turnover in excess of £7.1 million in YE23, with an adjusted EBITDA of £2.6 million. A EBITDA margin has remained consistently strong in recent years, averaging 42% across the last five years. A Holds ongoing contracts with several corporate clients, one of which reliably provides a minimum of £760,000 of turnover per annum and will remain in place until at least 2025. A As of 30th June 2022, the company held net assets of £8.6 million, including cash of £5.5 million. A The company has dealt with 200,000 cases, collecting £200 million.