CONSERVA IRRIGATION

Data Based On: 68 franchised outlets operational during the entire 2024 Fiscal Year Reporting Period for gross revenue data. A separate analysis on page 4, for 'Revenue Minus COGS and Certain Marketing & Operating Expenses', was based on 38 Reporting Franchisees operating in 107 territories that had been open and operating on a full-time basis for at least two full years as of December 31, 2023.

* Average Gross Revenue and Median Gross Revenue are directly extracted from the 'TOTAL REVENUE' table A(1) on page 2, based on the 'Total' row for 68 combined multi-territory and single-territory franchisees during the 2024 Fiscal Year Reporting Period. Revenue Top Quartile is the 'Average' from the 'Greater than $1.1M' revenue tier in the same table. Revenue Bottom Quartile is the 'Average' from the 'Less than $175K' revenue tier in the same table. No explicit average net income, net profit, or EBITDA figures were provided. A figure for 'Total Revenue Less Cost of Goods Sold and Certain Required Marketing & Operating Expenses' of $164,538 was provided on page 4, based on 38 Reporting Franchisees. However, page 6 explicitly states this amount 'does not equal the average gross profit...as they each incurred additional costs and expenses that are not reflected in this Section B,' making it an incomplete profit figure. Therefore, average_net_income, average_net_profit, average_ebitda, best_guess_profit_low, and best_guess_profit_high are all set to null as a complete and defined profit metric or range could not be accurately determined from the provided information.