Cabinet IQ

Data Based On: 16 franchised outlets open for varying lengths of time during 2025, grouped into three categories based on showroom open duration. 2 outlets open throughout 2025, 7 outlets open for 6-11 months, and 7 outlets open for less than 6 months. This constitutes the 'Operational Franchisee Outlet' data mentioned on page 1.

* Weighted average gross revenue calculated from 2 units at $1,129,828, 7 units at $689,701, and 7 units at $523,487. Weighted average gross profit margin calculated from 2 units at 41.4%, 7 units at 36.3%, and 7 units at 36.7%. Average gross profit is the product of the weighted average gross revenue and weighted average gross profit margin. Revenue top quartile is the average gross revenue of the highest performing segment (Table 3). Revenue bottom quartile is the average gross revenue of the lowest performing segment (Table 5). Median gross revenue is estimated from the median of the largest segment (Table 5) where the overall median of 16 units would likely fall. Best guess profit low/high are null due to insufficient data on all expenses for franchised units, as 'Adjusted Profit' for the affiliate explicitly excludes significant operating expenses.