NextHealth

Data Based On: Financial performance data is based on 3 company-owned NextHealth Centers operating for the full year 2024. These centers were selected from a total of 5 company-owned centers, with 2 excluded due to inconsistent characteristics.

* All financial performance data is based on 3 company-owned NextHealth Centers for the calendar year 2024, as no franchised centers were in operation during that period. The data is derived from 'Table 1: All Centers' on Page 2 and 'Table 2: 2024 Year Over Year Growth' on Page 3. Average Gross Revenue, Gross Profit, and EBITDA were calculated by averaging the individual values for Center A, Center B, and Center C provided in Table 2: - Average Gross Revenue: ($5,702,729 + $3,068,016 + $3,253,976) / 3 = $4,008,240. - Median Gross Revenue: The document states the median and average are the same for the 3 centers, thus $4,008,240. - Revenue Top Quartile: Taken as the 'HIGH' Unit Revenue for 2024 from Table 1, which corresponds to Center A's revenue: $5,702,729. - Revenue Bottom Quartile: Taken as the 'LOW' Unit Revenue for 2024 from Table 1, which corresponds to Center B's revenue: $3,068,016. - Average Gross Profit: ($3,889,955 + $2,349,945 + $2,435,586) / 3 = $2,891,829. - Average EBITDA: ($1,752,604 + $634,471 + $887,958) / 3 = $1,091,678. This EBITDA figure also equals Gross Profit minus Operating Expenses for each center, aligning with the definition of 'net profit' before taxes/interest. - EBITDA Margin Percentage: $1,091,678 (Average EBITDA) / $4,008,240 (Average Gross Revenue) = 0.272 (27.2%). - The 'best_guess_profit_high' is set to the Average EBITDA: $1,091,678. - The 'best_guess_profit_low' is based on the average 'Adjusted EBITDA' from Table 2, which includes further deductions for Royalty, Brand Fund, and Local Marketing: ($1,152,331 + $297,670 + $532,560) / 3 = $660,854.