REED

Value Q3, 24Q4, 24Q1, 25Q2, 25Q3, 25 TTM Total common shares outstanding 1.36 M7.56 M7.56 M8.11 M8.95 M — Enterprise value 1.68 M-5.57 M6.27 M5.53 M5.17 M 11.4 M Price to earnings ratio -0.07-0.06-0.19-0.242.1 1.61 Price to sales ratio 0.020.020.040.060.1 0.22 Price to cash flow ratio -0.37-0.14-0.4-0.33-0.22 -1.09 Price to book ratio -0.010.13-0.03-0.050.17 0.22 Enterprise value to EBITDA ratio -0.310.8-0.78-0.42-0.36 -0.75 Return on assets % 0.280.160.080.260.2 0.7 Return on equity % 0.190.620.443.491.44 5.98 Return on invested capital % ————— — Gross margin % 17.9929.9733.928.4717.4 89.77 Operating margin % 46.4837.5917.3760.8358.34 174.13 EBITDA margin % -43.39-32.19-16.01-59.2-56.87 -164.28 Net margin % 61.4642.320.2563.5156.62 182.68 Quick ratio 0.130.860.540.410.46 2.27 Current ratio 0.381.321.191.031.1 4.65 Inventory turnover 0.570.790.650.550.48 2.46 Asset turnover 0.40.480.40.390.32 1.61 Debt to assets ratio ————— — Debt to equity ratio ————— — Long term debt to total assets ratio 00-0.01-0.01-0 -0.02 Long term debt to total equity ratio 00-0.05-0.09-0.03 -0.18 Operating cash flow per share -1.412.890.710.660.36 4.62 EBIT per share -4.2-2.73-0.23-0.76-0.52 -4.24 EBITDA per share -3.92-2.34-0.21-0.74-0.51 -3.8 Total debt per share ————— — Cash per share 0.417.750.640.350.53 9.27 Net current asset value per share 18.8217.3932.862.3 25.56 Tangible book value per share 28.44.410.520.130.26 5.31 Working capital per share -30.684.220.480.10.22 5.02 Book value per share 29.254.890.60.210.34 6.05