Balance Sheet Zest S.p.A.

Stocks

ZEST

IT0005013013

Investment Management & Fund Operators

Real-time Borsa Italiana Other stock markets 07:59:52 2026-06-12 am EDT			5-day change	1st Jan Change
0.1190 ^EUR	-2.06%		-1.24%	-13.14%

May. 14	Mib approaches 49,000; BFF leads Mid-Cap gains	AN
May. 14	Indices and Stellantis bullish; focus on US-China	AN

275f4f71e12b8a1.bsBDdO1jPVsgkZODlKe7wt6fKdtNwTEj-8r7cE0BW3s.IvJ0R74oSm5E4f7r5cba9IfGapl9g3p5k4zWB3g5PiIoiXozsg9VPUyj3g

Published financial data: ZEST S.P.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.61M	2.92M	4.64M	5.07M	-
Gain (Loss) on Sale of Investment, Total (Rev)	-	-	-	-	2.2M
Other Revenues, Total	6.17K	-	209K	226K	7.89M
Total Revenues	2.61M	2.92M	4.85M	5.3M	10.08M
Cost of Goods Sold, Total	2.75M	3.5M	4.44M	5.42M	4.79M
Gross Profit	-138K	-575K	405K	-117K	5.29M
Selling General & Admin Expenses, Total	275K	266K	275K	355K	5.79M
Provision for Bad Debts	80.46K	177K	80.39K	105K	-
Depreciation & Amortization - (IS)	10.27K	10.77K	21.98K	31.61K	358K
Amortization of Goodwill and Intangible Assets - (IS)	496K	486K	569K	649K	566K
Other Operating Expenses	-33.63K	-	-29.78K	370K	1.39M
Other Operating Expenses, Total	829K	940K	917K	1.51M	8.1M
Operating Income	-966K	-1.52M	-512K	-1.63M	-2.81M
Interest Expense, Total	-81.09K	-103K	-71.5K	-84.34K	-387K
Interest And Investment Income	12.87K	33.66K	21.66K	13.71K	29.9K
Net Interest Expenses	-68.22K	-69.75K	-49.84K	-70.62K	-357K
Income (Loss) On Equity Invest.	579K	359K	1.19M	1.26M	-
Currency Exchange Gains (Loss)	20	-59	-174	685	11.21M
Other Non Operating Income (Expenses)	115K	-2.47K	-3.64K	-228K	-
EBT, Excl. Unusual Items	-341K	-1.23M	621K	-666K	8.05M
Gain (Loss) On Sale Of Investments	-2.18M	-2.09M	-1.78M	-4.66M	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-2K	-	-	-	-
Other Unusual Items	-	-	-	-	-289K
EBT, Incl. Unusual Items	-2.52M	-3.32M	-1.16M	-5.33M	7.76M
Income Tax Expense	-9.23K	28.54K	31.24K	13.04K	74.56K
Earnings From Continuing Operations	-2.51M	-3.35M	-1.19M	-5.34M	7.68M
Net Income to Company	-2.51M	-3.35M	-1.19M	-5.34M	7.68M
Minority Interest	-	-	-	-	-72.69K
Net Income - (IS)	-2.51M	-3.35M	-1.19M	-5.34M	7.61M
Net Income to Common Incl Extra Items	-2.51M	-3.35M	-1.19M	-5.34M	7.61M
Net Income to Common Excl. Extra Items	-2.51M	-3.35M	-1.19M	-5.34M	7.61M
Per Share Items
Net EPS - Basic	-0.34	-0.3	-0.11	-0.49	0.06
Basic EPS - Continuing Operations	-0.34	-0.3	-0.11	-0.49	0.06
Basic Weighted Average Shares Outstanding	7.4M	10.99M	10.86M	11M	135M
Net EPS - Diluted	-0.34	-0.3	-0.11	-0.49	0.06
Diluted EPS - Continuing Operations	-0.34	-0.3	-0.11	-0.49	0.06
Diluted Weighted Average Shares Outstanding	7.4M	10.99M	10.86M	11M	135M
Normalized Basic EPS	-0.03	-0.07	0.04	-0.04	0.04
Normalized Diluted EPS	-0.03	-0.07	0.04	-0.04	0.04
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	-928K	-1.43M	-362K	-1.45M	-2M
EBITA	-938K	-1.44M	-384K	-1.48M	-2.36M
EBIT	-966K	-1.52M	-512K	-1.63M	-2.81M
EBITDAR	-652K	-1.16M	-86.79K	-1.1M	-333K
Total Revenues (As Reported)	2.76M	3.21M	4.89M	5.4M	-
Effective Tax Rate - (Ratio)	0.37	-0.86	-2.7	-0.24	0.96
Current Domestic Taxes	-	8.02K	39.85K	17.96K	-
Total Current Taxes	-	8.02K	39.85K	17.96K	-
Deferred Domestic Taxes	-9.23K	20.52K	-8.61K	7.43K	-
Total Deferred Taxes	-9.23K	20.52K	-8.61K	7.43K	74.56K
Normalized Net Income	-213K	-768K	388K	-416K	4.96M
Interest on Long-Term Debt	-	-	-	-	44K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	751K	379K	345K	408K	118K
Net Rental Expense, Total	275K	266K	275K	355K	1.67M
Imputed Operating Lease Interest Expense	33.95K	36.83K	35.52K	76.4K	719K
Imputed Operating Lease Depreciation	241K	229K	239K	279K	950K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.36M	11.17M	6.26M	4.85M	1.67M
Short Term Investments	-	3.64K	-	-	-
Trading Asset Securities, Total	6.14K	-	-	-	-
Total Cash And Short Term Investments	4.37M	11.17M	6.26M	4.85M	1.67M
Accounts Receivable, Total	1.97M	2.42M	4.07M	3.52M	4.24M
Other Receivables	153K	348K	157K	147K	1.51M
Total Receivables	2.13M	2.77M	4.22M	3.67M	5.75M
Inventory	-	-	14.02K	42.42K	-
Deferred Tax Assets Current	119K	98.59K	94.51K	87.03K	-
Other Current Assets, Total	315	-	-	-	102K
Total Current Assets	6.61M	14.04M	10.59M	8.64M	7.52M
Gross Property Plant And Equipment	514K	556K	530K	579K	2.89M
Accumulated Depreciation	-488K	-500K	-430K	-452K	-1.99M
Net Property Plant And Equipment	26.69K	55.82K	99.82K	127K	895K
Long-term Investments	15.23M	15.17M	15.09M	12.64M	55.1M
Goodwill	0	967K	865K	763K	865K
Other Intangibles, Total	1.09M	1.13M	1.15M	932K	555K
Loans Receivable Long-Term	789K	633K	574K	545K	-
Deferred Charges Long-Term	82.45K	232K	141K	44.52K	-
Other Long-Term Assets, Total	91.94K	96.39K	306K	264K	629K
Total Assets	23.91M	32.32M	28.82M	23.96M	65.57M
Liabilities
Accounts Payable, Total	941K	1.1M	1.2M	1.36M	4.14M
Accrued Expenses, Total	95.21K	228K	564K	301K	1.25M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	1.44M	2.38M	1.3M	1.3M	4.17M
Current Portion of Leases	-	-	-	-	268K
Current Income Taxes Payable	1.25K	2.98K	4.97K	479	426K
Unearned Revenue Current, Total	-	-	-	-	384K
Other Current Liabilities	234K	362K	305K	264K	88.68K
Total Current Liabilities	2.72M	4.08M	3.37M	3.23M	10.72M
Long-Term Debt	4.88M	3.25M	1.93M	1.74M	3.6M
Long-Term Leases	-	-	-	-	548K
Unearned Revenue Non Current	11.33K	78.74K	231K	128K	-
Pension & Other Post Retirement Benefits	-	-	-	-	644K
Deferred Tax Liability Non Current	17.02K	17.02K	4.33K	4.33K	14.04K
Other Non Current Liabilities	106K	171K	195K	672K	163K
Total Liabilities	7.72M	7.59M	5.73M	5.77M	15.69M
Common Stock, Total	7.42M	9.83M	10.43M	10.43M	42.34M
Additional Paid In Capital	7.26M	15.79M	11.9M	10.75M	-
Retained Earnings	-1.03M	-1.86M	248K	-4.05M	3.02M
Treasury Stock	-102K	-102K	-552K	-	-
Comprehensive Income and Other	2.65M	1.07M	1.07M	1.07M	4.47M
Total Common Equity	16.19M	24.73M	23.09M	18.19M	49.83M
Minority Interest	-	-	-	-	53.78K
Total Equity	16.19M	24.73M	23.09M	18.19M	49.88M
Total Liabilities And Equity	23.91M	32.32M	28.82M	23.96M	65.57M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	7.4M	10.99M	10.86M	11M	161M
ECS Total Common Shares Outstanding	7.4M	10.99M	10.86M	11M	161M
Book Value / Share	2.19	2.25	2.13	1.65	0.31
Tangible Book Value	15.1M	22.63M	21.08M	16.5M	48.41M
Tangible Book Value Per Share	2.04	2.06	1.94	1.5	0.3
Total Debt	6.32M	5.63M	3.23M	3.04M	8.58M
Net Debt	1.95M	-5.54M	-3.03M	-1.81M	6.92M
Debt Equivalent Oper. Leases	2.2M	2.13M	2.2M	2.84M	13.35M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	53.78K
Equity Method Investments, Total	3.9M	3.81M	2M	1.77M	4.09M
Account Code - Inventory Valuation	8	8	8	8	3
Inventories - Work In Process, Total	-	-	14.02K	42.42K	-
Inventories - Finished Goods, Total	-	-	254K	254K	-
Machinery, Total	16.61K	-	16.61K	16.61K	1.54M
Full Time Employees	11	-	-	22	66
Accumulated Allowance for Doubtful Accounts (Supple)	217K	370K	386K	370K	931K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-2.51M	-3.35M	-1.19M	-5.34M	7.61M
Depreciation & Amortization - CF	10.27K	10.77K	21.98K	31.61K	469K
Amortization of Goodwill and Intangible Assets - (CF)	28.6K	76.58K	128K	145K	448K
Depreciation & Amortization, Total	38.87K	87.35K	150K	176K	917K
Amortization of Deferred Charges, Total - (CF)	468K	409K	441K	504K	118K
(Gain) Loss From Sale Of Asset	-187K	152K	-1.2M	-	-
(Gain) Loss on Sale of Investments - (CF)	2.06M	2.09M	1.78M	4.74M	-2.18M
Asset Writedown & Restructuring Costs	2K	-265K	-	-	998K
Provision and Write-off of Bad Debts	-	-	80.39K	105K	-
Other Operating Activities, Total	71.44K	498K	54.74K	485K	-11.13M
Change In Accounts Receivable	77.59K	-836K	-1.66M	471K	722K
Change In Inventories	-	-	-14.02K	-28.4K	-
Change In Accounts Payable	5.16K	421K	92.47K	167K	-1.33M
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	244K	106K	327K	-372K	-233K
Cash from Operations	274K	-684K	-1.13M	909K	-4.5M
Capital Expenditure	-8.5K	-17.36K	-54.89K	-68.63K	-120K
Sale of Property, Plant, and Equipment	-	-	-	10.21K	-
Cash Acquisitions	-	-	-	-	2.21M
Sale (Purchase) of Intangible assets	-416K	-607K	-395K	-233K	-52.76K
Investment in Marketable and Equity Securities, Total	-1.92M	-2.07M	-534K	-2.21M	1.08M
Other Investing Activities, Total	-	-	-	-	-1
Cash from Investing	-2.34M	-2.69M	-984K	-2.51M	3.12M
Short Term Debt Issued, Total	109K	903K	-	1.26K	347K
Long-Term Debt Issued, Total	2.4M	-	-	21.85K	1M
Total Debt Issued	2.51M	903K	-	23.11K	1.35M
Short Term Debt Repaid, Total	-	-	-1.06M	-	-
Long-Term Debt Repaid, Total	-393K	-1.66M	-1.28M	-225K	-3.37M
Total Debt Repaid	-393K	-1.66M	-2.35M	-225K	-3.37M
Issuance of Common Stock	1.58M	10.88M	-	344K	160K
Repurchase of Common Stock	-31.1K	-	-450K	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-	-	-	42.43K	-
Cash from Financing	3.66M	10.13M	-2.8M	185K	-1.87M
Miscellaneous Cash Flow Adjustments	-	57.26K	-	-	-
Net Change in Cash	1.6M	6.81M	-4.91M	-1.41M	-3.24M
Supplemental Items
Cash Income Tax Paid (Refund)	-	8.02K	-	5.62K	-
Levered Free Cash Flow	-140K	-1.33M	-1.33M	-285K	1.05M
Unlevered Free Cash Flow	-89.21K	-1.27M	-1.28M	-233K	1.29M
Change In Net Working Capital	-433K	196K	1.1M	-405K	-2.18M
Net Debt Issued / Repaid	2.12M	-756K	-2.35M	-201K	-2.03M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-2.59	-3.37	-1.05	-3.85	-3.24
Return on Total Capital	-2.75	-3.58	-1.13	-4.28	-3.59
Return On Equity %	-15.05	-16.35	-4.96	-25.87	18.45
Return on Common Equity	-15.05	-16.35	-4.96	-25.87	18.22
Margin Analysis
Gross Profit Margin %	-5.28	-19.69	8.35	-2.2	52.5
SG&A Margin	10.54	9.11	5.67	6.7	57.39
EBITDA Margin %	-35.51	-48.88	-7.47	-27.39	-19.85
EBITA Margin %	-35.91	-49.25	-7.92	-27.98	-23.4
EBIT Margin %	-37	-51.87	-10.57	-30.71	-27.85
Income From Continuing Operations Margin %	-96.08	-114.54	-24.49	-100.74	76.19
Net Income Margin %	-96.08	-114.54	-24.49	-100.74	75.46
Net Avail. For Common Margin %	-96.08	-114.54	-24.49	-100.74	75.46
Normalized Net Income Margin	-8.16	-26.28	8.01	-7.86	49.15
Levered Free Cash Flow Margin	-5.36	-45.69	-27.35	-5.38	10.39
Unlevered Free Cash Flow Margin	-3.42	-43.48	-26.43	-4.39	12.79
Asset Turnover
Asset Turnover	0.11	0.1	0.16	0.2	0.19
Fixed Assets Turnover	87.28	70.8	62.26	46.81	13.07
Receivables Turnover (Average Receivables)	1.24	1.33	1.42	1.33	-
Inventory Turnover (Average Inventory)	-	-	633.36	191.92	-
Short Term Liquidity
Current Ratio	2.43	3.45	3.15	2.68	0.7
Quick Ratio	2.39	3.42	3.11	2.64	0.69
Operating Cash Flow to Current Liabilities	0.1	-0.17	-0.34	0.28	-0.42
Days Sales Outstanding (Average Receivables)	294.54	274.46	256.91	274.32	-
Days Outstanding Inventory (Average Inventory)	-	-	0.58	1.9	-
Average Days Payable Outstanding	114.75	106.78	-	85.84	-
Cash Conversion Cycle (Average Days)	-	-	-	190.38	-
Long Term Solvency
Total Debt/Equity	39.03	22.76	13.98	16.69	17.21
Total Debt / Total Capital	28.07	18.54	12.27	14.3	14.68
LT Debt/Equity	30.11	13.15	8.37	9.55	8.31
Long-Term Debt / Total Capital	21.66	10.71	7.34	8.18	7.09
Total Liabilities / Total Assets	32.3	23.5	19.88	24.08	23.92
EBIT / Interest Expense	-11.92	-14.65	-7.16	-19.3	-7.26
EBITDA / Interest Expense	-11.44	-13.81	-5.06	-17.21	-4.89
(EBITDA - Capex) / Interest Expense	-11.54	-13.98	-5.83	-18.02	-5.2
Total Debt / EBITDA	-6.81	-3.94	-8.93	-2.09	-4.54
Net Debt / EBITDA	-2.1	3.88	8.37	1.25	-3.66
Total Debt / (EBITDA - Capex)	-6.75	-3.89	-7.75	-2	-4.27
Net Debt / (EBITDA - Capex)	-2.09	3.84	7.27	1.19	-3.44
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-12.36	11.84	50.93	9.38	44.25
Gross Profit, 1 Yr. Growth %	-6.42	317.2	-241.6	-128.8	130.42
EBITDA, 1 Yr. Growth %	70.83	53.94	-50.39	-1.93K	181.89
EBITA, 1 Yr. Growth %	68.32	53.4	-48.14	-2.69K	-11.56
EBIT, 1 Yr. Growth %	-1.74	56.79	-58.23	217.84	5.22
Earnings From Cont. Operations, 1 Yr. Growth %	11.18	33.33	-64.53	349.95	-400.23
Net Income, 1 Yr. Growth %	11.18	33.33	-64.53	349.95	-450.59
Normalized Net Income, 1 Yr. Growth %	-66.55	260.11	-150.57	-207.31	-515.38
Diluted EPS Before Extra, 1 Yr. Growth %	11.3	-10.22	-64.11	343.89	-128.66
Accounts Receivable, 1 Yr. Growth %	-11.22	22.73	65.48	-14.27	9.92
Inventory, 1 Yr. Growth %	-	-	-	202.52	-
Net Property, Plant and Equip., 1 Yr. Growth %	-19.51	109.15	78.82	26.85	38.15
Total Assets, 1 Yr. Growth %	5.61	35.16	-10.83	-16.86	53.25
Tangible Book Value, 1 Yr. Growth %	-5.07	49.84	-6.87	-21.73	51.82
Common Equity, 1 Yr. Growth %	-5.61	52.74	-6.62	-21.22	47.87
Cash From Operations, 1 Yr. Growth %	-163.93	-350.02	65.47	-179.96	-895.45
Capital Expenditures, 1 Yr. Growth %	-78.5	104.2	216.08	25.03	62
Levered Free Cash Flow, 1 Yr. Growth %	-79.54	853.99	15.67	-78.65	-26.21K
Unlevered Free Cash Flow, 1 Yr. Growth %	-86.12	1.32K	18.45	-81.99	697.66
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-2.45	-1	36.2	28.49	44.27
Gross Profit, 2 Yr. CAGR %	-43.32	97.59	71.37	-36.14	261.64
EBITDA, 2 Yr. CAGR %	17.1	62.16	-37.55	41.09	402.57
EBITA, 2 Yr. CAGR %	16.77	60.69	-36.03	41.57	541.88
EBIT, 2 Yr. CAGR %	-9.81	24.12	-27.2	15.23	134.17
Earnings From Cont. Operations, 2 Yr. CAGR %	155.06	21.76	-31.23	26.32	154.46
Net Income, 2 Yr. CAGR %	155.06	21.76	-31.23	26.32	153.25
Normalized Net Income, 2 Yr. CAGR %	-58.64	9.76	34.94	-26.34	257.36
Diluted EPS Before Extra, 2 Yr. CAGR %	155.19	-0.04	-43.24	26.22	-28.08
Accounts Receivable, 2 Yr. CAGR %	-6.31	4.38	43.63	19.66	1.63
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	84.71	29.74	93.39	50.61	199.5
Total Assets, 2 Yr. CAGR %	-1.82	19.47	9.78	-13.9	50.83
Tangible Book Value, 2 Yr. CAGR %	-9.97	19.27	18.13	-14.62	51.55
Common Equity, 2 Yr. CAGR %	-9.53	20.07	19.43	-14.23	46.9
Cash From Operations, 2 Yr. CAGR %	-20.86	26.43	103.4	15.24	99.02
Capital Expenditures, 2 Yr. CAGR %	-	-33.73	154.05	98.8	48.01
Levered Free Cash Flow, 2 Yr. CAGR %	-45.55	39.7	207.78	-50.1	-11.45
Unlevered Free Cash Flow, 2 Yr. CAGR %	-54.06	40.55	278.86	-53.62	-0.08
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.4	2.1	17.59	26.6	46.46
Gross Profit, 3 Yr. CAGR %	-37.69	10.25	40.07	-5.43	164.57
EBITDA, 3 Yr. CAGR %	-15.29	28.28	-12.66	16.1	40.03
EBITA, 3 Yr. CAGR %	-15.23	27.89	-11.69	16.51	47.2
EBIT, 3 Yr. CAGR %	-22	8.45	-19.55	18.98	31.82
Earnings From Cont. Operations, 3 Yr. CAGR %	-28.39	105.47	-19.29	28.62	31.93
Net Income, 3 Yr. CAGR %	-28.39	105.47	-19.29	28.62	31.51
Normalized Net Income, 3 Yr. CAGR %	-43.59	-14.91	-15.23	25.02	86.22
Diluted EPS Before Extra, 3 Yr. CAGR %	-28.37	80.15	-28.95	12.67	-42.95
Accounts Receivable, 3 Yr. CAGR %	-11.35	2.51	22.35	21.3	19.93
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	5.32	92.52	44.39	68.03	152.19
Total Assets, 3 Yr. CAGR %	-0.63	9.22	8.37	0.07	26.59
Tangible Book Value, 3 Yr. CAGR %	-5.29	6.7	9.83	2.99	28.85
Common Equity, 3 Yr. CAGR %	-5.1	7.73	10.42	3.96	26.31
Cash From Operations, 3 Yr. CAGR %	-45.51	16.13	38.29	49.18	87.37
Capital Expenditures, 3 Yr. CAGR %	25.52	-	11.55	100.58	90.6
Levered Free Cash Flow, 3 Yr. CAGR %	-51.76	41.43	24.68	26.81	-2.94
Unlevered Free Cash Flow, 3 Yr. CAGR %	-57.34	44.3	25.82	37.63	6.05
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	0.77	2.43	16.11	14.06	27.61
Gross Profit, 5 Yr. CAGR %	-22.45	0.94	-6.61	-22.94	104.7
EBITDA, 5 Yr. CAGR %	39.29	49.51	-25.01	16.5	29.82
EBITA, 5 Yr. CAGR %	43.73	51.96	-24.26	16.61	33.47
EBIT, 5 Yr. CAGR %	31.67	43.76	-24.12	6.5	23.35
Earnings From Cont. Operations, 5 Yr. CAGR %	15.34	0.95	-29.54	69.14	27.76
Net Income, 5 Yr. CAGR %	15.34	0.95	-29.54	69.14	27.52
Normalized Net Income, 5 Yr. CAGR %	-1.21	35.02	-20.04	-19.68	50.73
Diluted EPS Before Extra, 5 Yr. CAGR %	5.26	-8.9	-34.73	56.25	-28.6
Accounts Receivable, 5 Yr. CAGR %	-2.27	-2.67	7.52	9.39	13.8
Inventory, 5 Yr. CAGR %	-	-	-39.22	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-12.44	10.93	34.3	74.51	93.32
Total Assets, 5 Yr. CAGR %	1.68	8.72	3.41	-0.69	23.69
Tangible Book Value, 5 Yr. CAGR %	-1.59	10.18	3.46	-2.4	24.93
Common Equity, 5 Yr. CAGR %	-0.55	10.66	4.04	-1.66	23.77
Cash From Operations, 5 Yr. CAGR %	-9.51	52.17	-7.71	15.77	60.09
Capital Expenditures, 5 Yr. CAGR %	-25.91	-	66.42	-	24.91
Levered Free Cash Flow, 5 Yr. CAGR %	-27.76	3.26	1.24	-9.57	8.91
Unlevered Free Cash Flow, 5 Yr. CAGR %	-30.96	4.6	2.19	-11.26	14.94