Ratio's

RECREATIONAL LIFE VESTS THE PADDLE COMPANY Comparative Financial Statements Comparative Financial Statements Years Ended December 31 Years Ended December 31 2019 2017 Income Statement 2018 2019 2018 2017 410,570 383,870 299,110 280.190 Net Sales Revenue 430,489 425410 258,756 256.797 171,733168,613 153,880 1,922 17,853 16,691 Cost of Goods Sold Gross Profit Operating Expenses Operating Income Interest Expense Income before Income Tax 11460 103,680 78,290 70,830 33,170 32,850 16,988 30,390 29,870 15,903 Income Tax Expense Net income Balance Sheet 8,780 8,630 S 21,610 S 21,240 Assets Cash & Cash Equivalents Accounts Receivablie Merchandise Inventory Other Current Assets Total Current Assets Long-term Assets Total Assets 630 55.270 69,159 70,793 9,919 66,341 209,370 197,850 44,798 44,452 4104 76,363 39,810 38,650 36,460 68,500 65,230 9,930 24,450 37,630 198,490 196,780 116.760 116.270 89,834 90,776 293 204 28826 5276,482315250 5313.05 5 310,640 69554 60,232 Liabilities Current Liabilities Long-term Liabilities Total Liabilities 31,682 29.936 101,236 90,168 90,810 90,010 96,310 105,890 187,120 195,900 Stockholdes' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholder's Equity 72,795 80,885 125,173 117,573 197968 198,458 197,668 128,130 117.150 103,8 111,530102,480 16,600 14,670 S 299,204 $288.626 S 315,250 $313,050 Other Data Market price per share nnual dividend per share eighted average number of shares outstanding s 21.38 S 33.82 0.32 0.30 9,0008,000 s 46.37 $5164 0.45 9,0008,000 RECREATIONAL LIFE VESTS THE PADDLE COMPANY Comparative Financial Statements Comparative Financial Statements Years Ended December 31 Years Ended December 31 2019 2017 Income Statement 2018 2019 2018 2017 410,570 383,870 299,110 280.190 Net Sales Revenue 430,489 425410 258,756 256.797 171,733168,613 153,880 1,922 17,853 16,691 Cost of Goods Sold Gross Profit Operating Expenses Operating Income Interest Expense Income before Income Tax 11460 103,680 78,290 70,830 33,170 32,850 16,988 30,390 29,870 15,903 Income Tax Expense Net income Balance Sheet 8,780 8,630 S 21,610 S 21,240 Assets Cash & Cash Equivalents Accounts Receivablie Merchandise Inventory Other Current Assets Total Current Assets Long-term Assets Total Assets 630 55.270 69,159 70,793 9,919 66,341 209,370 197,850 44,798 44,452 4104 76,363 39,810 38,650 36,460 68,500 65,230 9,930 24,450 37,630 198,490 196,780 116.760 116.270 89,834 90,776 293 204 28826 5276,482315250 5313.05 5 310,640 69554 60,232 Liabilities Current Liabilities Long-term Liabilities Total Liabilities 31,682 29.936 101,236 90,168 90,810 90,010 96,310 105,890 187,120 195,900 Stockholdes' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholder's Equity 72,795 80,885 125,173 117,573 197968 198,458 197,668 128,130 117.150 103,8 111,530102,480 16,600 14,670 S 299,204 $288.626 S 315,250 $313,050 Other Data Market price per share nnual dividend per share eighted average number of shares outstanding s 21.38 S 33.82 0.32 0.30 9,0008,000 s 46.37 $5164 0.45 9,0008,000