SUMMARY PROFIT & LOSS | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | |||||
New Registrations | - | - | - | - | - | - | 350,000 | 350,000 | 300,000 | 93,000 | 95,790 | 98,664 | 103,597 | 108,777 | 114,216 | 119,927 | 125,923 | 132,219 | 141,474 | 151,377 | 161,973 | 173,311 | 185,443 | 198,424 | 198,424 | 198,424 | 198,424 | 198,424 | 198,424 | 198,424 | 198,424 | 198,424 | 198,424 | 198,424 | 198,424 | 198,424 | 218,266 | 229,179 | 233,763 | 238,438 | 243,207 | 248,071 | 253,032 | 258,093 | 263,255 | 268,520 | 273,890 | 279,368 | |||||
Renewals | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 262,500 | 225,000 | 69,750 | 71,843 | 73,998 | 77,698 | 81,583 | 85,662 | 89,945 | 94,442 | 99,164 | 106,106 | 113,533 | 121,480 | 129,983 | 139,082 | 148,818 | ||||||
Revenue | $ - | $ - | $ - | $ - | $ - | $ - | $ 175,000 | $ 350,000 | $ 500,000 | $ 546,500 | $ 594,395 | $ 643,727 | $ 695,526 | $ 749,914 | $ 807,022 | $ 866,986 | $ 929,947 | $ 996,057 | $ 1,066,794 | $ 1,142,482 | $ 1,223,469 | $ 1,310,124 | $ 1,402,846 | $ 1,502,058 | $ 1,601,270 | $ 1,700,482 | $ 1,799,694 | $ 1,898,906 | $ 1,998,118 | $ 2,097,330 | $ 2,284,042 | $ 2,470,754 | $ 2,644,966 | $ 2,767,428 | $ 2,890,587 | $ 3,014,465 | $ 3,149,497 | $ 3,291,281 | $ 3,436,717 | $ 3,585,917 | $ 3,739,002 | $ 3,896,092 | $ 4,057,976 | $ 4,224,867 | $ 4,396,988 | $ 4,574,576 | $ 4,757,881 | $ 4,947,171 | |||||
Cost of Revenue | 106,242 | 106,242 | 106,242 | 106,242 | 106,242 | 106,242 | 106,242 | 106,242 | 106,242 | 106,242 | 106,242 | 106,242 | 116,866 | 116,866 | 116,866 | 116,866 | 116,866 | 116,866 | 116,866 | 116,866 | 116,866 | 116,866 | 116,866 | 116,866 | 127,490 | 127,490 | 127,490 | 127,490 | 127,490 | 127,490 | 127,490 | 127,490 | 127,490 | 127,490 | 127,490 | 127,490 | 138,114 | 138,114 | 138,114 | 138,114 | 138,114 | 138,114 | 138,114 | 138,114 | 138,114 | 138,114 | 138,114 | 138,114 | |||||
Gross Margin | (106,242) | (106,242) | (106,242) | (106,242) | (106,242) | (106,242) | 68,758 | 243,758 | 393,758 | 440,258 | 488,153 | 537,485 | 578,660 | 633,048 | 690,156 | 750,120 | 813,081 | 879,191 | 949,928 | 1,025,616 | 1,106,603 | 1,193,258 | 1,285,980 | 1,385,192 | 1,473,780 | 1,572,992 | 1,672,204 | 1,771,416 | 1,870,628 | 1,969,840 | 2,156,552 | 2,343,264 | 2,517,476 | 2,639,938 | 2,763,097 | 2,886,975 | 3,011,383 | 3,153,167 | 3,298,602 | 3,447,803 | 3,600,887 | 3,757,978 | 3,919,862 | 4,086,753 | 4,258,874 | 4,436,461 | 4,619,767 | 4,809,057 | |||||
Cumulative Gross Margin | (106,242) | (212,483) | (318,725) | (424,967) | (531,208) | (637,450) | (568,692) | (324,933) | 68,825 | 509,083 | 997,237 | 1,534,722 | 2,113,382 | 2,746,430 | 3,436,586 | 4,186,706 | 4,999,787 | 5,878,978 | 6,828,905 | 7,854,521 | 8,961,124 | 10,154,382 | 11,440,362 | 12,825,554 | 14,299,333 | 15,872,325 | 17,544,528 | 19,315,944 | 21,186,571 | 23,156,411 | 25,312,962 | 27,656,226 | 30,173,701 | 32,813,639 | 35,576,736 | 38,463,711 | 41,475,094 | 44,628,260 | 47,926,863 | 51,374,666 | 54,975,553 | 58,733,531 | 62,653,393 | 66,740,146 | 70,999,019 | 75,435,481 | 80,055,248 | 84,864,305 | |||||
Sales & Marketing | 1,770,636 | 831,951 | 821,951 | 606,951 | 767,368 | 1,773,617 | 1,873,617 | 1,838,617 | 2,009,034 | 2,088,617 | 2,123,617 | 617,368 | 524,603 | 524,603 | 524,603 | 524,603 | 524,603 | 524,603 | 524,603 | 524,603 | 524,603 | 524,603 | 524,603 | 524,603 | 526,840 | 526,840 | 526,840 | 526,840 | 526,840 | 526,840 | 526,840 | 526,840 | 526,840 | 526,840 | 526,840 | 526,840 | 529,077 | 529,077 | 529,077 | 529,077 | 529,077 | 529,077 | 529,077 | 529,077 | 529,077 | 529,077 | 529,077 | 529,077 | |||||
General & Administrative | 484,383 | 484,383 | 484,383 | 489,383 | 489,383 | 489,383 | 489,383 | 489,383 | 489,383 | 489,383 | 489,383 | 490,221 | 520,429 | 520,429 | 520,429 | 520,429 | 520,429 | 520,429 | 520,429 | 520,429 | 520,429 | 520,429 | 520,429 | 521,267 | 553,197 | 553,197 | 553,197 | 553,197 | 553,197 | 553,197 | 553,197 | 553,197 | 553,197 | 553,197 | 553,197 | 554,035 | 587,825 | 587,825 | 587,825 | 587,825 | 587,825 | 587,825 | 587,825 | 587,825 | 587,825 | 587,825 | 587,825 | 587,825 | |||||
R&D | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,500 | 10,500 | 10,500 | 10,500 | 10,500 | 10,500 | 10,500 | 10,500 | 10,500 | 10,500 | 10,500 | 10,500 | 11,025 | 11,025 | 11,025 | 11,025 | 11,025 | 11,025 | 11,025 | 11,025 | 11,025 | 11,025 | 11,025 | 11,025 | 11,576 | 11,576 | 11,576 | 11,576 | 11,576 | 11,576 | 11,576 | 11,576 | 11,576 | 11,576 | 11,576 | 11,576 | |||||
Operating Expenses | 2,265,019 | 1,326,334 | 1,316,334 | 1,106,334 | 1,266,751 | 2,273,000 | 2,373,000 | 2,338,000 | 2,508,417 | 2,588,000 | 2,623,000 | 1,117,588 | 1,055,532 | 1,055,532 | 1,055,532 | 1,055,532 | 1,055,532 | 1,055,532 | 1,055,532 | 1,055,532 | 1,055,532 | 1,055,532 | 1,055,532 | 1,056,370 | 1,091,062 | 1,091,062 | 1,091,062 | 1,091,062 | 1,091,062 | 1,091,062 | 1,091,062 | 1,091,062 | 1,091,062 | 1,091,062 | 1,091,062 | 1,091,900 | 1,128,477 | 1,128,477 | 1,128,477 | 1,128,477 | 1,128,477 | 1,128,477 | 1,128,477 | 1,128,477 | 1,128,477 | 1,128,477 | 1,128,477 | 1,128,477 | |||||
EBITDA | (2,371,260) | (1,432,575) | (1,422,575) | (1,212,575) | (1,372,992) | (2,379,241) | (2,304,241) | (2,094,241) | (2,114,658) | (2,147,741) | (2,134,846) | (580,103) | (476,873) | (422,484) | (365,376) | (305,413) | (242,451) | (176,342) | (105,605) | (29,916) | 51,070 | 137,726 | 230,447 | 328,822 | 382,717 | 481,929 | 581,141 | 680,353 | 779,565 | 878,777 | 1,065,489 | 1,252,201 | 1,426,413 | 1,548,875 | 1,672,035 | 1,795,075 | 1,882,906 | 2,024,689 | 2,170,125 | 2,319,326 | 2,472,410 | 2,629,500 | 2,791,385 | 2,958,275 | 3,130,396 | 3,307,984 | 3,491,290 | 3,680,580 | |||||
D&A | 178,889 | 185,000 | 185,556 | 186,111 | 186,667 | 187,222 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 187,778 | 193,333 | 193,333 | 193,333 | 193,333 | 193,333 | 193,333 | 216,944 | 216,944 | 216,944 | 216,944 | 216,944 | 216,944 | 38,056 | 31,944 | 31,389 | 30,833 | 30,278 | 29,722 | 29,167 | 29,167 | 29,167 | 29,167 | 29,167 | 29,167 | |||||
EBIT | (2,550,149) | (1,617,575) | (1,608,131) | (1,398,686) | (1,559,659) | (2,566,464) | (2,492,019) | (2,282,019) | (2,302,436) | (2,335,519) | (2,322,624) | (767,881) | (664,651) | (610,262) | (553,154) | (493,191) | (430,229) | (364,120) | (293,383) | (217,694) | (136,708) | (50,052) | 42,669 | 141,044 | 189,384 | 288,596 | 387,808 | 487,020 | 586,232 | 685,444 | 848,545 | 1,035,257 | 1,209,469 | 1,331,931 | 1,455,090 | 1,578,131 | 1,844,850 | 1,992,745 | 2,138,736 | 2,288,492 | 2,442,132 | 2,599,778 | 2,762,218 | 2,929,109 | 3,101,229 | 3,278,817 | 3,462,123 | 3,651,413 | |||||
Interest | - | (11,887) | 4,519 | 18,990 | 31,506 | 45,751 | 70,201 | 53,895 | 36,877 | 27,392 | 43,448 | 59,681 | 60,676 | 60,575 | 59,852 | 58,468 | 56,386 | 53,563 | 49,956 | 45,203 | 39,213 | 31,893 | 23,138 | 12,841 | 890 | (8,726) | (20,439) | (32,268) | (44,216) | (56,284) | (68,472) | (103,782) | (147,945) | (188,050) | (209,926) | (232,272) | (255,091) | (280,492) | (307,922) | (336,667) | (366,773) | (398,293) | (431,278) | (466,022) | (502,611) | (541,139) | (581,705) | (624,413) | |||||
Pretax Profit | (2,550,149) | (1,605,688) | (1,612,650) | (1,417,677) | (1,591,165) | (2,612,215) | (2,562,220) | (2,335,915) | (2,339,313) | (2,362,911) | (2,366,073) | (827,561) | (725,327) | (670,837) | (613,006) | (551,659) | (486,615) | (417,682) | (343,339) | (262,897) | (175,921) | (81,945) | 19,531 | 128,203 | 188,493 | 297,322 | 408,246 | 519,288 | 630,448 | 741,728 | 917,017 | 1,139,039 | 1,357,414 | 1,519,981 | 1,665,016 | 1,810,402 | 2,099,941 | 2,273,237 | 2,446,658 | 2,625,159 | 2,808,905 | 2,998,071 | 3,193,496 | 3,395,130 | 3,603,840 | 3,819,957 | 4,043,828 | 4,275,826 | |||||
Estimated Stockholder Taxes | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 186,056 | 186,056 | 186,056 | 186,056 | 186,056 | 186,056 | 186,056 | 186,056 | 186,056 | 186,056 | 186,056 | 186,056 | |||||
Estimated Consortium Net Inco | (2,550,149) | (1,605,688) | (1,612,650) | (1,417,677) | (1,591,165) | (2,612,215) | (2,562,220) | (2,335,915) | (2,339,313) | (2,362,911) | (2,366,073) | (827,561) | (725,327) | (670,837) | (613,006) | (551,659) | (486,615) | (417,682) | (343,339) | (262,897) | (175,921) | (81,945) | 19,531 | 128,203 | 188,493 | 297,322 | 408,246 | 519,288 | 630,448 | 741,728 | 917,017 | 1,139,039 | 1,357,414 | 1,519,981 | 1,665,016 | 1,810,402 | 1,913,885 | 2,087,181 | 2,260,602 | 2,439,103 | 2,622,849 | 2,812,015 | 3,007,440 | 3,209,074 | 3,417,784 | 3,633,901 | 3,857,772 | 4,089,770 | |||||
Cumulative Net Income | (2,550,149) | (4,155,837) | (5,768,488) | (7,186,164) | (8,777,329) | (11,389,544) | (13,951,764) | (16,287,679) | (18,626,992) | (20,989,903) | (23,355,975) | (24,183,537) | (24,908,863) | (25,579,700) | (26,192,706) | (26,744,365) | (27,230,980) | (27,648,662) | (27,992,000) | (28,254,897) | (28,430,818) | (28,512,763) | (28,493,232) | (28,365,029) | (28,176,536) | (27,879,214) | (27,470,967) | (26,951,679) | (26,321,231) | (25,579,503) | (24,662,487) | (23,523,448) | (22,166,034) | (20,646,053) | (18,981,037) | (17,170,634) | (15,256,749) | (13,169,568) | (10,908,966) | (8,469,863) | (5,847,014) | (3,034,999) | (27,559) | 3,181,515 | 6,599,300 | 10,233,200 | 14,090,973 | 18,180,743 | |||||
Net Cash | (8,811,260) | (1,640,688) | (1,447,095) | (1,251,566) | (1,424,498) | (2,444,992) | 1,630,558 | 1,701,863 | 948,465 | (1,605,633) | (1,623,210) | (99,542) | 10,090 | 72,351 | 138,342 | 208,258 | 282,292 | 360,667 | 475,334 | 598,923 | 732,064 | 875,441 | 1,029,779 | 1,195,012 | 961,645 | 1,171,262 | 1,182,974 | 1,194,804 | 1,206,752 | 1,218,820 | 3,531,008 | 4,416,318 | 4,010,481 | 2,187,586 | 2,234,572 | 2,281,946 | 2,540,065 | 2,743,041 | 2,874,431 | 3,010,674 | 3,151,973 | 3,298,524 | 3,474,337 | 3,658,939 | 3,852,836 | 4,056,587 | 4,270,781 | 4,496,053 | |||||
Cumulative Cash Balance | 1,188,740 | (451,948) | (1,899,043) | (3,150,609) | (4,575,107) | (7,020,100) | (5,389,542) | (3,687,679) | (2,739,214) | (4,344,847) | (5,968,057) | (6,067,600) | (6,057,510) | (5,985,159) | (5,846,817) | (5,638,560) | (5,356,268) | (4,995,601) | (4,520,267) | (3,921,344) | (3,189,280) | (2,313,839) | (1,284,059) | (89,048) | 872,597 | 2,043,859 | 3,226,833 | 4,421,637 | 5,628,389 | 6,847,208 | 10,378,216 | 14,794,534 | 18,805,015 | 20,992,601 | 23,227,172 | 25,509,118 | 28,049,183 | 30,792,224 | 33,666,654 | 36,677,328 | 39,829,301 | 43,127,825 | 46,602,162 | 50,261,101 | 54,113,937 | 58,170,524 | 62,441,305 | 66,937,358 | |||||
As Percent of Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue | 0% | 0% | 0% | 0% | 0% | 0% | 61% | 30% | 21% | 19% | 18% | 17% | 17% | 16% | 14% | 13% | 13% | 12% | 11% | 10% | 10% | 9% | 8% | 8% | 8% | 7% | 7% | 7% | 6% | 6% | 6% | 5% | 5% | 5% | 4% | 4% | 4% | 4% | 4% | 4% | 4% | 4% | 3% | 3% | 3% | 3% | 3% | 3% | |||||
Sales & Marketing | 0% | 0% | 0% | 0% | 0% | 0% | 1071% | 525% | 402% | 382% | 357% | 96% | 75% | 70% | 65% | 61% | 56% | 53% | 49% | 46% | 43% | 40% | 37% | 35% | 33% | 31% | 29% | 28% | 26% | 25% | 23% | 21% | 20% | 19% | 18% | 17% | 17% | 16% | 15% | 15% | 14% | 14% | 13% | 13% | 12% | 12% | 11% | 11% | |||||
G&A | 0% | 0% | 0% | 0% | 0% | 0% | 280% | 140% | 98% | 90% | 82% | 76% | 75% | 69% | 64% | 60% | 56% | 52% | 49% | 46% | 43% | 40% | 37% | 35% | 35% | 33% | 31% | 29% | 28% | 26% | 24% | 22% | 21% | 20% | 19% | 18% | 19% | 18% | 17% | 16% | 16% | 15% | 14% | 14% | 13% | 13% | 12% | 12% | |||||
R&D | 0% | 0% | 0% | 0% | 0% | 0% | 6% | 3% | 2% | 2% | 2% | 2% | 2% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |||||
Gross Margin | 0% | 0% | 0% | 0% | 0% | 0% | 39% | 70% | 79% | 81% | 82% | 83% | 83% | 84% | 86% | 87% | 87% | 88% | 89% | 90% | 90% | 91% | 92% | 92% | 92% | 93% | 93% | 93% | 94% | 94% | 94% | 95% | 95% | 95% | 96% | 96% | 96% | 96% | 96% | 96% | 96% | 96% | 97% | 97% | 97% | 97% | 97% | 97% | |||||
Net Income | 0% | 0% | 0% | 0% | 0% | 0% | -1464% | -667% | -468% | -432% | -398% | -129% | -104% | -89% | -76% | -64% | -52% | -42% | -32% | -23% | -14% | -6% | 1% | 9% | 12% | 17% | 23% | 27% | 32% | 35% | 40% | 46% | 51% | 55% | 58% | 60% | 61% | 63% | 66% | 68% | 70% | 72% | 74% | 76% | 78% | 79% | 81% | 83% | |||||
TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE | TRUE |