Overview CORA Limited is a digital health platform providing health services including tracking health records, booking appointments with doctors, video consultation with specialist doctors, pathology sample collection from doorsteps, medicine delivery etc. The company is based in Bangladesh and started its operation in 2020. The management of CORA is highly qualified and experienced in the health sector. The total number of employees in CORA is 35. At present, they are partners with more than 125 hospitals and diagnostic centers in 30 districts. There are 2,000 doctors available in the platform. Till now, they have served 60,000 customers who used the platform to get healthcare services. CORA's revenue model is currently based on subscription fees of the mentioned services. In the next 3 years, CORA wants to increase the number of their partners, doctors and customers in a large scale covering the whole country. For that, CORA wants to raise USD 250,000 to escalate the growth of the company and wants to offer 10% of their equity in exchange of the fund. The fund will be utilized for marketing/branding, customer acquisition, application development and all general working capital requirements of CORA. Financial Statements Revenue Cost of Goods Sold Gross Profit Expenses Salaries and Benefits Rent and Overhead Depreciation & Amortization Interest Total Expenses Earnings Before Tax Taxes Net Earnings CORA Limited Income Statement for the year ended June 30, 2022 FY 21-22 FY 20-21 $118,086 $102,007 48,004 39,023 70,082 62,984 22,658 26,427 10,125 10,963 18,150 19,500 2,500 2,500 53,433 59,390 16,649 3,594 4,858 1,120 11,791 2,474 Page 1 of 3 Assets Cash Accounts Receivable Inventory Property & Equipment Total Assets Liabilities Accounts Payable Debt Total Liabilities Shareholder's Equity Equity Capital Retained Earnings Shareholder's Equity Total Liabilities & Shareholder's Equity CORA Limited Balance Sheet June 30, 2022 FY 21-22 FY 20-21 $ 81,210 $67,971 5,904 5,100 9,601 7,805 42,350 45,500 139,065 126,376 4,800 3,902 50,000 50,000 54,800 53,902 70,000 70,000 14,265 2,474 84,265 72,474 139,065 126,376 CORA Limited Cash Flow Statement for the year ended June 30, 2022 FY 21-22 FY 20-21 Operating Cash Flow Net Earnings Plus: Depreciation & Amortization Less: Changes in Working Capital Cash from Operations Investing Cash Flow Investments in Property & Equipment Cash from Investing Financing Cash Flow Issuance (repayment) of debt Issuance (repayment) of equity Cash from Financing Net Increase (decrease) in Cash Opening Cash Balance Closing Cash Balance $ 11,791 $2,474 18,150 19,500 1,702 9,003 28,239 12,971 15,000 15,000 15,000 15,000 70,000 70,000 13,239 67,971 67,971 81,210 67,971 Page 2 of 3 Questions In order to write a comprehensive project report, what else would you like to know from CORA and What are the risks associated with investing in this project and how would you mitigate them