OPAL

Value Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Total common shares outstanding 28.43 M28.97 M29 M29 M29 M — Enterprise value 859.82 M575.94 M714.41 M695.93 M740.11 M 2.73 B Price to earnings ratio 169.59240.3311015.7 258.03 Price to sales ratio 0.310.160.210.190.2 0.75 Price to cash flow ratio 2.841.041.641.511.89 6.08 Price to book ratio -0.63-0.09-0.23-0.56-5.33 -6.21 Enterprise value to EBITDA ratio 14.5311.1116.9428.5823.48 80.12 Return on assets % -0.0100.010.010.02 0.04 Return on equity % 0.040.02-0.341.11-1.6 -0.8 Return on invested capital % -0.18———-590.89 — Gross margin % 98.86100100100100 400 Operating margin % -0.43-2.27-1.034.36.61 7.61 EBITDA margin % 13.85.075.835.1711.26 27.33 Net margin % -6.711.59.413.6616.22 40.78 Quick ratio 1.131.021.121.331.07 4.54 Current ratio 1.131.151.261.471.18 5.05 Inventory turnover 0.16———— — Asset turnover 0.090.10.090.090.11 0.38 Debt to assets ratio 0.340.330.350.370.37 1.43 Debt to equity ratio -25.19-12.8345.67-27.33 10.7 Long term debt to total assets ratio 0.320.330.350.360.38 1.41 Long term debt to total equity ratio -1.925.11-12.5144.17-27.94 8.83 Operating cash flow per share 0.041.07-0.270.62-0.12 1.3 EBIT per share -0.01-0.07-0.030.120.23 0.25 EBITDA per share 0.40.160.160.150.38 0.85 Total debt per share 10.7510.6910.9911.5412.08 45.31 Cash per share 0.881.4511.010.83 4.29 Net current asset value per share 4.234.24.224.154.19 16.77 Tangible book value per share -7.380.09-2.72-1.59-2.31 -6.54 Working capital per share 0.490.530.861.330.63 3.36 Book value per share -5.362.06-0.860.25-0.44 1.01