Current State

GROUP REVENUE · TTM

£15.9M

+£6.9Mvs prior period+£6.9M YoY vs same period last year

ADJUSTED EBITDA

£2.9M

18.4% marginTTM+£1.4M YoY vs same period last year

GROSS PROFIT · TTM

£6.7M

42.3% margin+0.9pp vs prior period+£3M YoY vs same period last year

Rev £15.9M · GM 42.3%EBITDA 18.4%

DEBT CAPACITY

£3.9M

capacity for your next dealvs 3.0x covenant ceiling

1.7x used · 1.3x headroom to 3.0x covenant

Revenue Trend

Monthly · TTM

NET DEBT / LTM EBITDA

1.7x

1.3xcovenant headroom

CASH POSITION

£1.7M

+1.1%30d change+£785.9K YoY vs same period last year

ACTIVE ENTITIES

4

53%synergy realised

toward 100% synergy capture

Adjusted EBITDA Trend

Revenue Bridge · TTM

2024-05 → 2026-05

REVENUE BY SITE

Acquisition & Synergy Health

Same-store Growth

+3.5%

organic · vs prior period

Synergies at Risk

2

2 behind / at risk · £0.4M target

Portfolio Health / Risk

Revenue concentration

40%

AquaPump · largest of group revenue

Leverage vs covenant

1.7x

1.3x headroom to 3.0x covenant

Active TSAs

4

target: 0 by Day 365

SoFlow Service Partners