Konala

Data Based On: 3 Affiliate-Owned Locations for the six-month period starting on January 24, 2025, and ending July 24, 2025.

* Average gross revenue and median gross revenue are taken directly from Part II, which presents aggregated data for all three Affiliate-Owned Locations for the six-month period (January 24, 2025, through July 24, 2025). For average gross profit, average EBITDA (Corporate Unit Level EBITDA), and average net profit (Franchisee Adjusted Unit Level EBITDA), the following calculations were performed: 1. The 6-month Net Sales for each individual Affiliate-Owned Location (Location 1: $1,059,252.99; Location 2: $890,218.76; Location 3: $1,262,933.99) were extracted from the Part II table. 2. The 'Net Sales %' for 'Food' (Cost of Goods Sold), 'Corporate Unit Level EBITDA', and 'Franchisee Adjusted Unit Level EBITDA' were extracted from the detailed Part I tables for each location. It was assumed that these percentages (from Location 1 & 2's 1-year data and Location 3's 6-month data) are representative and can be applied to each location's 6-month Net Sales figures to estimate their absolute dollar amounts for the 6-month period. 3. Gross Profit for each location was calculated as Net Sales * (1 - COGS %). 4. Corporate Unit Level EBITDA for each location was calculated as Net Sales * Corporate Unit Level EBITDA %. 5. Franchisee Adjusted Unit Level EBITDA (Net Profit) for each location was calculated as Net Sales * Franchisee Adjusted Unit Level EBITDA %. 6. The resulting dollar amounts for Gross Profit, Corporate Unit Level EBITDA, and Franchisee Adjusted Unit Level EBITDA were then averaged across the three locations to get the overall averages. EBITDA margin percentage was calculated by dividing the average EBITDA by the average gross revenue.