Page 23 - JouleCasePPM.pdf_Neat

Undiscounted Payback Period SECTION 3:

65%
y

Undiscounted Payback Period Entry Year 1 Year 2 Year 3 Year 4 Exhibits
Joule Case Inc.
Unlevered FCF (193,525) 140,463 6,419,057 12,775,706 21,837,649
Cumulative Cash Flow (193,525) (53,062) 6,365,995 19,141,701 40,979,350 31%
Payback Flag - - -
Payback Period - - 1.01 - - 18%

Discounted Payback Period
Discounted Unlevered FCF (193,525) 135,013 5,930,619 11,345,617 18,640,753
Cumulative Cash Flow (193,525) (58,512) 5,872,107 17,217,723 35,858,476
Payback Flag - - - 2021 2022 2023 2024
-6%
Payback Period - - 1.01 - -

Undiscounted Payback Period
Year %/Year Cumulative Discounted Payback Period
First year positive undiscounted casf flow 2 Year 1 73% 73%
First year positive discounted casf flow 2 Year 2
Year 3
Year 4 100%
Year 5
Year 6
Year 7
Year 8 58%
Year 9
Year 10

17%

2021 2022 2023 2024
-6%