EFTA00811700.pdf

December 2017 Global Inc Statement. WW in USD NY CA IT TWO12 METIER TOTAL ' nall Revenue Revenue - Female 9,102,497 1,715,131 2,735,257 4,106,232 5,169,755 0 0 22,828,872 Revenue - Male 327,985 384,903 580,276 1,418,017 227,297 0 0 2,938,478 Revenue - Elms 889.488 0 12,824 0 0 0 0 902,313 Agency Fees - Next Pads Direct 25,214 0 0 0 0 0 25,214 Revenue - Influencers 312,002 0 723,044 0 0 0 0 1,035.047 Revenue - Chefs 0 0 0 0 0 0 320,413 320,413 Revenue - Metier 0 0 0 0 1,642,906 1,642,906 Events, Spons. & Consulting 0 0 0 0 0 0 103,938 0 103,938 Talent Revenue 896,414 0 194,685 195,346 5,755 0 0 0 1,292,200 Commission Inc/Exp -1.364,897 -209,678 -375.515 -732,201 -489,059 0 0 0 -3 171 349 Misc. Income— 918,315 23,968 50,607 91,769 -16,107 0 346,253 564 1,415.391 Overhead Reimbursement 1.345,783 0 0 0 0 0 0 0 1,345,783 Revenue 12,452,802 1,914,345 3,921,180 5,079,163 4,897,640 0 770,605 1,643,470 30,679,204 Expenses Total Scouting Expenses 2,573,004 33.333 145,859 258.053 284,197 0 0 0 3,294,446 Total Sales Expenses 7,417,388 989,664 2,116,988 2,680,929 2,321,122 0 418,332 1,165.745 17,110,149 Total Administrative Expenses 3,380,205 336,504 705.198 2.267,840 2,204,964 0 197,586 304,922 9,397,219 Total Expenses 13,370,677 1,359,501 2,968,045 5,206,822 4,810,284 0 615,918 1,470,667 29,801,814 Net Income (loss) -917.775 654,844 963,136 .127.669 87,356 0 Pn54,686 172,803 877,390 (a) Add Back Talent Advisor's Consulting Fees 514,965 -514,965 Allocation of Direct Fees -25.214 25,214 Adjusted Income -942.989 564,844 963,136 387,306 -402,395 0 154,686 172,803 y377,390) Billing is accrued monthly, certain expenses are accrued on a quarterly basis. (US commissions are accrued monthly starting Feb.) Rates of exchange E1 = $1.2888; E1 = 61.1303 FR= PARIS + FRENCH BRANCH 42±/dE. • g in tgA4 Miscellanous Income for Two12 includes gain on APA 2 060. 000 a) For 2017 TA. consulting fees consists of €200K annual fees and €200K bonus(pd in Sept 2017) and incentive award for prior year $62,845(pd in Oct 2017) ao arowel/O gival-dpeAcidiems, 2-0116 41q bi g26. ,AlcovAe co or 9-b-20/7 EFTA00811700  Next - Consolidated Confidential DRAFT Consolidated P4 (Incl.,27.2) FY 2012 FT 2013 FY 2014 % 2015 FT 2016 1 1914 - ON 2017 I py 0) FY FY FT FV Tpal ROVenth3 85,664,992 $ 93.401,567 $ 100,744,372 $ 110,017,377 S 111,942,926 5 41. :113,878,196 P*y % 4%0% 56A65.099 42.510.049 86,674,447 71440,671 72.917.343 76461,023 Net Revenue 28,779,893 S 30,873,498 5 34,069,725 $ 37,176,698 S 39,030,583 $ 41,917,173 .1,1350,3V0 7.4%O Ela111110 Total Scouting ~it 2,744,616 3,429.944 3,344,166 3,347,002 3,121,335 3.287,407 104,072 5.3% 44 0/Nit %maws 95% 11.1% 9.8% 9.0% 8.0% 7.8% %of Tow Revenue 3.2% 3.7% 3.3% 3.0% 22% 2.8% Tow Sales Expenses 14,652,218 15,571,377 17,728,928 19,038,120 20,6244239 20,879,87* 259,389 1.3% % of Net Revenue 50.9% 50.4% 57.0% 51.2% 52.8% 49.8% 14 of TOW Revenue 27.2% 16.7% 27.6% 17.3% 28.4% 27.6% Total Aemsgstrareo %%Nei 7,940,417 9.055,194 10,141,880 31,511,226 11,616,465 22,001,062 344,576 3.3% %et Net Revenue 27.7% 29.3% 29.8% 320% 29.8% 28.6% % of Total Retinue 9.3% 92% 10.1% 20sis 10.4% 10.2% Total Operating &pants 25,377,321 28,056.515 31,216,974 33.896,426 35,358,310 .168. 814037 2.3% Net Inceamt $ 3,402,572 $ 4816,982 5 2,852,751 $ 3,280,270 S 3,672,273 $ 5,748,826 2,07-,553 56.5% % OF Net &WNW! 11.8% 21% 8.4% 8.8% 9.4% 13.7% % of Tow Revenue 4.0% 3.0% 2.8% 3.0% 3.3% 4.8% plus: DM 254,959 294.244 211,160 292,645 45,154 170,200 124,946 276.1% aka: Intent ( 97,743 ) ( 63,631 ) ( 56,780 ) ( 83,750 ) ( 61,273 ) ( 44606 ) 14,667 NM plus: Taxes 235,250 632,625 535,953 821,441 693,021 760,795 67,774 9.8% Plus: Fore GOWL00% 130,806 8,000 351,118 114,815 369,672 245,334 (124,357) (33.6%) Plus: Etoar0 Fees 295,103 295,363 295,383 295,343 295,383 (0) <DIM) plus: Consueng Fees 403,385 NM plus: Exturordinary Charges 18,980 66,574 56,991 105,054 139,472 28,675 (310,797) (79.4%) 88570* 5 4,240,210 $ 4,050,697 $ 4,263,517 $ 5,219,313 $ 5,153,162 $ 7,202,547 %flee Revenue 14.7% 13.1% 12..5% 14.0% 13.2% 17.2% % of Tow Revenue 4.9% 4.3% 4.2% 4.7% 4.6% 6.2% COrelant FX at current extharos rats. (1) Italy Nang" LTM as .31~16 (Dec not 'NNW% Page 1 of 9 EFTA00811701