TTR Data Recovery
Appendix
| Sales Forecast | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Sales | |||||||||||||
| VARs | 0% | $0 | $10,000 | $10,000 | $12,000 | $16,000 | $18,000 | $25,000 | $29,000 | $33,000 | $25,000 | $20,000 | $22,000 |
| IT Units | 0% | $0 | $5,000 | $4,000 | $6,000 | $8,000 | $11,000 | $16,000 | $22,000 | $25,000 | $16,000 | $18,000 | $17,000 |
| Total Sales | $0 | $15,000 | $14,000 | $18,000 | $24,000 | $29,000 | $41,000 | $51,000 | $58,000 | $41,000 | $38,000 | $39,000 | |
| Direct Cost of Sales | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| VARs | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| IT Units | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Personnel Plan | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Manager | 0% | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
| Customer Service/Clerical (1) | 0% | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
| Data Recovery Staff (3) | 0% | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 |
| Sales Manager | 0% | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
| Other | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total People | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |
| Total Payroll | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | |
| General Assumptions | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Plan Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |
| Current Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
| Long-term Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
| Tax Rate | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | |
| Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pro Forma Profit and Loss | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Sales | $0 | $15,000 | $14,000 | $18,000 | $24,000 | $29,000 | $41,000 | $51,000 | $58,000 | $41,000 | $38,000 | $39,000 | |
| Direct Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other Production Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Cost of Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gross Margin | $0 | $15,000 | $14,000 | $18,000 | $24,000 | $29,000 | $41,000 | $51,000 | $58,000 | $41,000 | $38,000 | $39,000 | |
| Gross Margin % | 0.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | |
| Expenses | |||||||||||||
| Payroll | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | |
| Sales and Marketing and Other Expenses | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | |
| Depreciation | $240 | $240 | $240 | $240 | $240 | $240 | $240 | $240 | $240 | $240 | $240 | $240 | |
| Leased Equipment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Utilities | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
| Insurance | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | $500 | |
| Rent | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | |
| Payroll Taxes | 15% | $2,700 | $2,700 | $2,700 | $2,700 | $2,700 | $2,700 | $2,700 | $2,700 | $2,700 | $2,700 | $2,700 | $2,700 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Operating Expenses | $26,440 | $26,440 | $26,440 | $26,440 | $26,440 | $26,440 | $26,440 | $26,440 | $26,440 | $26,440 | $26,440 | $26,440 | |
| Profit Before Interest and Taxes | ($26,440) | ($11,440) | ($12,440) | ($8,440) | ($2,440) | $2,560 | $14,560 | $24,560 | $31,560 | $14,560 | $11,560 | $12,560 | |
| EBITDA | ($26,200) | ($11,200) | ($12,200) | ($8,200) | ($2,200) | $2,800 | $14,800 | $24,800 | $31,800 | $14,800 | $11,800 | $12,800 | |
| Interest Expense | $824 | $814 | $804 | $794 | $784 | $774 | $765 | $755 | $745 | $735 | $725 | $715 | |
| Taxes Incurred | ($8,179) | ($3,676) | ($3,973) | ($2,770) | ($967) | $536 | $4,139 | $7,142 | $9,245 | $4,148 | $3,250 | $3,553 | |
| Net Profit | ($19,084) | ($8,578) | ($9,271) | ($6,464) | ($2,257) | $1,250 | $9,657 | $16,664 | $21,571 | $9,678 | $7,584 | $8,291 | |
| Net Profit/Sales | 0.00% | -57.18% | -66.22% | -35.91% | -9.40% | 4.31% | 23.55% | 32.67% | 37.19% | 23.60% | 19.96% | 21.26% | |
| Pro Forma Cash Flow | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Cash Received | |||||||||||||
| Cash from Operations | |||||||||||||
| Cash Sales | $0 | $3,750 | $3,500 | $4,500 | $6,000 | $7,250 | $10,250 | $12,750 | $14,500 | $10,250 | $9,500 | $9,750 | |
| Cash from Receivables | $0 | $0 | $375 | $11,225 | $10,600 | $13,650 | $18,125 | $22,050 | $31,000 | $38,425 | $43,075 | $30,675 | |
| Subtotal Cash from Operations | $0 | $3,750 | $3,875 | $15,725 | $16,600 | $20,900 | $28,375 | $34,800 | $45,500 | $48,675 | $52,575 | $40,425 | |
| Additional Cash Received | |||||||||||||
| Sales Tax, VAT, HST/GST Received | 0.00% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| New Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Other Liabilities (interest-free) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Investment Received | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Received | $0 | $3,750 | $3,875 | $15,725 | $16,600 | $20,900 | $28,375 | $34,800 | $45,500 | $48,675 | $52,575 | $40,425 | |
| Expenditures | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Expenditures from Operations | |||||||||||||
| Cash Spending | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | |
| Bill Payments | $28 | $994 | $5,327 | $5,070 | $6,284 | $8,067 | $9,630 | $13,203 | $16,166 | $18,019 | $13,052 | $12,185 | |
| Subtotal Spent on Operations | $18,028 | $18,994 | $23,327 | $23,070 | $24,284 | $26,067 | $27,630 | $31,203 | $34,166 | $36,019 | $31,052 | $30,185 | |
| Additional Cash Spent | |||||||||||||
| Sales Tax, VAT, HST/GST Paid Out | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Principal Repayment of Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Long-term Liabilities Principal Repayment | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | $1,180 | |
| Purchase Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Purchase Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Spent | $19,208 | $20,174 | $24,507 | $24,250 | $25,464 | $27,247 | $28,810 | $32,383 | $35,346 | $37,199 | $32,232 | $31,365 | |
| Net Cash Flow | ($19,208) | ($16,424) | ($20,632) | ($8,525) | ($8,864) | ($6,347) | ($435) | $2,417 | $10,154 | $11,476 | $20,343 | $9,060 | |
| Cash Balance | $142,992 | $126,568 | $105,935 | $97,410 | $88,546 | $82,200 | $81,765 | $84,182 | $94,336 | $105,812 | $126,154 | $135,214 | |
| Pro Forma Balance Sheet | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Assets | Starting Balances | ||||||||||||
| Current Assets | |||||||||||||
| Cash | $162,200 | $142,992 | $126,568 | $105,935 | $97,410 | $88,546 | $82,200 | $81,765 | $84,182 | $94,336 | $105,812 | $126,154 | $135,214 |
| Accounts Receivable | $0 | $0 | $11,250 | $21,375 | $23,650 | $31,050 | $39,150 | $51,775 | $67,975 | $80,475 | $72,800 | $58,225 | $56,800 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $162,200 | $142,992 | $137,818 | $127,310 | $121,060 | $119,596 | $121,350 | $133,540 | $152,157 | $174,811 | $178,612 | $184,379 | $192,014 |
| Long-term Assets | |||||||||||||
| Long-term Assets | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 |
| Accumulated Depreciation | $0 | $240 | $480 | $720 | $960 | $1,200 | $1,440 | $1,680 | $1,920 | $2,160 | $2,400 | $2,640 | $2,880 |
| Total Long-term Assets | $100,000 | $99,760 | $99,520 | $99,280 | $99,040 | $98,800 | $98,560 | $98,320 | $98,080 | $97,840 | $97,600 | $97,360 | $97,120 |
| Total Assets | $262,200 | $242,752 | $237,338 | $226,590 | $220,100 | $218,396 | $219,910 | $231,860 | $250,237 | $272,651 | $276,212 | $281,739 | $289,134 |
| Liabilities and Capital | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Current Liabilities | |||||||||||||
| Accounts Payable | $0 | $816 | $5,160 | $4,863 | $6,016 | $7,750 | $9,193 | $12,666 | $15,560 | $17,583 | $12,646 | $11,770 | $12,053 |
| Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Subtotal Current Liabilities | $0 | $816 | $5,160 | $4,863 | $6,016 | $7,750 | $9,193 | $12,666 | $15,560 | $17,583 | $12,646 | $11,770 | $12,053 |
| Long-term Liabilities | $100,000 | $98,820 | $97,640 | $96,460 | $95,280 | $94,100 | $92,920 | $91,740 | $90,560 | $89,380 | $88,200 | $87,020 | $85,840 |
| Total Liabilities | $100,000 | $99,636 | $102,800 | $101,323 | $101,296 | $101,850 | $102,113 | $104,406 | $106,120 | $106,963 | $100,846 | $98,790 | $97,893 |
| Paid-in Capital | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 |
| Retained Earnings | ($87,800) | ($87,800) | ($87,800) | ($87,800) | ($87,800) | ($87,800) | ($87,800) | ($87,800) | ($87,800) | ($87,800) | ($87,800) | ($87,800) | ($87,800) |
| Earnings | $0 | ($19,084) | ($27,662) | ($36,933) | ($43,397) | ($45,653) | ($44,403) | ($34,747) | ($18,083) | $3,488 | $13,165 | $20,750 | $29,041 |
| Total Capital | $162,200 | $143,116 | $134,538 | $125,267 | $118,804 | $116,547 | $117,797 | $127,453 | $144,117 | $165,688 | $175,365 | $182,950 | $191,241 |
| Total Liabilities and Capital | $262,200 | $242,752 | $237,338 | $226,590 | $220,100 | $218,396 | $219,910 | $231,860 | $250,237 | $272,651 | $276,212 | $281,739 | $289,134 |
| Net Worth | $162,200 | $143,116 | $134,538 | $125,267 | $118,803 | $116,547 | $117,797 | $127,453 | $144,117 | $165,688 | $175,365 | $182,950 | $191,241 |
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