dejour energy

investorSCOREcardinvestorSCOREcard

Standard Stock Report as of Apr 26, 2011

Dejour Energy (TSX:DEJ, AMEX:DEJ)Vancouver, BC, Canada (604) 638-5050 www.dejour.com

Share Price $0.38 Market Cap (Mil)

52 Week High $0.47 Cash (Mil)

52 Week Low $0.29 Debt & Preferreds (Mil)

Avg Vol Last 3 mos. (000's) 75.64 Enterprise Value (Mil)

Basic Shares Outstanding (Mil) 110.18 Dividend Yield 0.0%

Diluted Shares Outstanding (Mil) 110.18 P/E (TTM) NA

Stock Price and Volume Business Description Source: Morningstar

Comparables

Scorecard HighlightsRatings Out of Possible 5 Stars

Quarter Ending Dec 10 Quarter Ending Sep 10

Stock Market Performance

Insider Ownership

Revenue, EBITDA and EPS

Balance Sheet Analysis

Return on Capital

Valuation

© 2011 The Equicom Group Inc. All rights reserved. The Investor Scorecard is exclusively distributed by TMX Equicom. To learn more visit www.tmxmoney.com/scorecardFor a full description of the methodology used, refer to www.fsavaluation.com/scorecardinformation.aspxPlease see the final page(s) of this Investor Scorecard for important disclosure and disclaimer information.

2.82.1

0.8

2.6 2.6

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3.2

0.6

2.2

$41.87

$41.91

$4.76

$4.80

Dejour Energy Inc. engages in acquiring, exploring, anddeveloping energy projects with a focus on oil and gasexploration in Canada and the United States. It holdsinterests in various oil and gas projects coveringapproximately 127,000 net acres located in the Piceance,Uinta, and Paradox Basins in eastern Utah and westernColorado; and the Peace River Arch projects comprisingapproximately 18,000 net acres situated in northeastBritish Columbia and northwest Alberta. The company wasformerly known as Dejour Enterprises Ltd. and changed itsname to Dejour Energy Inc. in March 2011. Dejour EnergyInc. was founded in 1968 and is headquartered inVancouver, Canada.

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investorSCOREcard Dejour Energy Inc. (TSX:DEJ, AMEX:DEJ)

Business Description Dejour Energy Inc. is an independent energy company engaged on exploration and production of crude oil and natural gas. The Company’s near-term focus is on developing its two core assets –Woodrush, targeting light crude oil in the Peace River Arch, on the northern border of Alberta and British Colombia; and Gibson Gulch, a natural gas project located in Colorado’s prolific Piceance Basin. Longer term, the Company offers significant exploration upside through a variety of projects with varying risk profiles on its existing land base. Dejour trades as DEJ: TSX, and DEJ: AMEX.

Market Overview and Opportunity

Crude Oil As of January 2009, Canada had 178 billion barrels of crude oil reserves (U.S. Energy Information Administration, 2010). The main source of Canadian oil production for the past 50 years has been the Western Canadian Sedimentary Basin (WCSB), which underlies most of Alberta, parts of British Columbia, Saskatchewan, Manitoba and the Northwest Territories. The growing maturity of many of the fields in the WCSB has led to a steady decline in conventional oil production while production from unconventional sources (ie. oil sands) has steadily increased. Although production from unconventional sources continues to increase, there remains a strong argument for conventional oil production as it tends to require less capital to develop and offer lower operating costs. The conventional targets also tend to be medium to light oil, whereas oil sands produce heavy oil which is sold at a discount to lighter oil. The challenge becomes finding and developing what remains of the conventional oil fields within the maturing basin.

The situation is similar in the U.S. in terms of conventional production but on a much smaller scale. As of January 2009, the U.S. had 20.7 billion barrels of crude oil reserves (U.S. Energy Information Administration, 2010). Production of crude oil in the U.S. has similarly focused on unconventional sources such as shale oil as of late, but again there is still a valid argument to be made for conventional production. The improving economic environment has been the main driver of the recent oil rally that has seen $80-$90 per barrel levels. Global oil demand is expected to grow in the near term and beyond, however, this is offset by high levels of supply for both gasoline and distillate inventories and continued concerns surrounding persistently weak near-terms fundamentals (ie. value of U.S. dollar, OPEC decisions, concern over global economic recovery, etc…).

Natural Gas There is an abundance of natural gas in North America. Canada had 58 trillion cubic feet (TCF) of natural gas reserves as of January 2009 (U.S. Energy Information Administration, 2010). The reserves are concentrated in the WCSB and similar to crude oil, future natural gas production will likely come from unconventional reservoirs (ie. coal bed methane, shale gas, arctic frontier, Deep Basin deposits,…). Recently, production in the WCSB has begun to move away from Alberta towards new discoveries in northeast British Columbia.

The development and implementation of horizontal drilling and hydraulic fracturing in shale gas plays have ushered in a robust resurgence in the U.S.’s domestic natural gas production. As of January 2009, the U.S. had 238 TCF of


natural gas reserves and currently leads the Western Hemisphere in natural gas production (U.S. Energy Information Administration, 2010). The sheer geographic diversity of U.S. shale gas resources have created a stable and deliverable natural gas supply for the country. As crude oil continues its push towards $100 per barrel and becomes more difficult and more expensive to find (in most cases), shale gas production has increased in popularity with energy producers who are looking for ways to produce cheaper, cleaner-burning fuels. However, this surge in popularity has also led to a depressed pricing environment for the commodity. Though the colder weather in North America has considerably helped with the over-supply of natural gas, the price environment remains challenged as storage levels remain well above average. The fundamentals of natural gas remain weak as U.S. production is expected to remain steady while natural gas consumption is anticipated to decline due to fewer heating-days, although this could offset by an increasing demand from electric power and industrial services.

Overview of Projects

Dejour currently participates in projects located in western Canada (British Columbia) and the western United States (Colorado and Utah). Peace River Arch Basin - Woodrush Within the Peace River Arch basin, Dejour holds 39,000 gross acres (18,000 net acres) of crude oil and natural gas acreage. The Company’s 75%-owned and operated, 6,000 gross acre (4,500 net acre) Woodrush project is located within the Peace River Arch in northeast British Colombia. Woodrush is a combination of relatively shallow light oil and natural gas targets - the Halfway formation is targeted for light crude oil and the Notikewin for natural gas. The project is the sole source of Dejour’s current production, producing an average of 600 barrels of oil equivalent per day (BOE/d), of which approximately 175 barrels of oil per day (bbl/d) is light crude oil and 2,550 million cubic feet per day (mmcf/d) is natural gas. The Company expects to reach the production peak from its existing wells at Woodrush later in 2011, targeting sustained gross production of 1,000 BOE/d (750 BOE/d net) for several years before decline. Woodrush is currently producing from two crude oil wells and six natural gas wells (with plans for an additional 15 producing wells plus injectors). Two injector wells have been recently drilled to implement a water flood, effectively boosting production (and reserves) from the two wells to their targeted peak production. Sustained production from Woodrush will allow for a steady stream of cash flow, enabling the Company to internally fund expansions and exploration initiatives beyond the Halfway and Notikewin prospects. Mid to long-term at Woodrush, Dejour is targeting deeper, unconventional Montney crude oil through a strategic joint venture whereby two deep horizontal wells will be drilled, fully funded by the joint venture partner. Continuation of the joint venture is dependent upon the success and findings of the first two Montney wells. Piceance/Uinta Basins – Gibson Gulch Dejour feels its most compelling near-term crude oil and natural gas assets are held in the Piceance and Uinta basins of Colorado and Utah. The bulk of the land in these basins is owned by the major exploration and production


companies in North America and Dejour is one of a handful of smaller players in the area with current land holdings of 190,000 gross acres (127,000 net acres). The Company holds a 72% interest in 2,200 gross acres (1,585 net acres) in the Gibson Gulch area of the Piceance basin. The Company’s acreage is strategically positioned, surrounded on all sides by significant existing production. To Dejour, this provides a certain amount of assurance that its acreage is almost certainly located along the producing trend, along with providing access to existing infrastructure, leading to lower development costs. Near-term plans for Gibson Gulch include a 16-well program targeting shallow, tight gas in the Williams Fork structure. Longer term plans for Gibson Gulch include a 220-well program. Also within the area, the deeper Niobrara formation is an unconventional, high-pressure natural gas play representing considerable exploration upside potential. South Rangely In May 2011, Dejour plans to drill an initial vertical well for light oil at South Rangely, Colorado to test the Mancos/Niobrara, which is designed to test both the upper and lower Niobrara sections of the Mancos Shale. In this area, the targeted zones are known to contain both oil and natural gas, estimated at 8 MMBO of Contingent oil resources. It should be noted that private operators R. W. Bayless and Foundation Energy are currently exploiting the lower Mancos zone, approximately six miles to the southwest of Dejour’s proposed well location. Pending a successful outcome of the test, Dejour plans to commence a formal horizontal well development program in due course. Germaine to this operation, a secondary target in the upper Mancos known as the Castlegate Sand will also be evaluated within this initial test well. Beyond the near-term developments of enhanced crude oil production and the deeper Montney oil play at Woodrush, and the commencement of natural gas drilling at Gibson Gulch, Dejour holds interests in several mid to long-term exploration plays in both crude oil and natural gas. These include; Tinsley

• 35% interest on 10,000 gross acres (3,500 net acres) • conventional high pressure natural gas

Dinosaur and North Rangely

• 72% interest on 64,000 gross acres (46,080 net acres) • conventional, high-risk, deep, Weber crude oil (Rangely crude oil field)

Tri-County

• 25% interest on 40,000 gross acres (10,000 net acres) • multiple conventional targets

Paradox

• 25% interest on 16,000 gross acres (4,000 net acres) • high pressure crude oil/natural gas resource

Book Cliffs

• 72% interest on 16,000 gross acres (11,520 net acres)


Meeker/Pinyon

• 25% interest on 36,000 gross acres (9,000 net acres)

Reserves Data As of

December 31, 2010

Light and Medium Oil (Mbbl)

CAN US Total

Natural Gas (MMcf)

CAN US Total

Natural Gas Liquids (Mbbl)

CAN US Total

Oil Equivalent (Mbbl)

CAN US Total

Total Proved 216 558 774 1,125 77,456 78,581 8 - 8 342 18,391 18,733 Dejour Energy's reserve information as at December 31, 2010 is available in their Annual Information Form posted on www.sedar.com and www.dejour.com.

Milestones

• completed a US$2.75 million financing in January 2011 plus an additional $550,000 supplemental financing in February 2011, intended to fund further exploration and development of crude oil projects at Woodrush, to commence exploratory drilling at South Rangely (Colorado) and to supplement working capital

• entered into joint venture agreement in February 2011 to facilitate and fund testing of deeper zones at

Woodrush

• targeting Q4/11 for sustained crude oil production of approximately 1,000 BOE/d (net) at Woodrush via water flood implementation

• commence drilling of Gibson Gulch natural gas wells in 2012, working towards 17 mmcf/d (net) production from Williams Fork structure

• combined net production from Woodrush and Gibson Gulch targeted at 4,000 BOE/d by year-end 2012


Investment Highlights

• development projects underpin higher-risk exploration plays

• balanced commodity risk - exposure to prolific natural gas assets hedged by crude oil developments and exploration potential in both the Woodrush (Montney) area and South Rangely (Piceance)

• capital risk managed by joint venture partnerships

• strong balance sheet with manageable debt

• high level of operatorship ensures the Company has significant control and influence over timing and development of its assets

• high level of insider ownership, approximately 25%

Management

Robert L. Hodgkinson Chief Executive Officer, President Dejour Energy Alberta (Energy) Ltd. Harrison Blacker Chief Operating Operator, Dejour Energy (USA) Corp. Neyeska Mut Executive Vice President Operations, Dejour Energy (USA) Corp. Matthew Wong Chief Financial Officer Phil Bretzloff Vice President and General Counsel

Comparables

Lynden Energy Corp. – LVL-T

Anglio Canadian Oil Corp. – ACG-V

Ember Resources Inc. – EBR-T


Dejour Energy (TSX:DEJ, AMEX:DEJ)

Stock Market Performance Rating

Stock Market Returns

Return Percentile RatingThree Months 23% 74% 3.7

Six Months 19% 64% 3.21 Year (2.6%) 20% 1.0

3 Years (CAGR) 5 Years (CAGR)

Market DataPrice

Mkt Cap (Mil) Shs Outstanding (Mil)

Dividend Yield % Avg Vol Last 3mos. (000's)

P/E (TTM)

Insider Ownership Rating

Value of Shares and Options Percent of Ownership

Options Total Value Rating Percent Rating 15.9% Insiders

14.6% > 10% Holders

Rating Percent of Rating 69.5% Other

(Add all) Mkt. Value (Add all)

$9,580,240 $6,381,866 $3,190,933 $12,771,173 2.7 15.9% 3.2(Max of 4) (Max of 4)

* Adjusted $ Value of Options is 50% of their full value if exercised to account for volatility. Furthermore, our view is that shareholders would rather management owned shares vs. options.

Add: Compensation Type

Category Rating Addition Percent of Compensation

SalaryTotal

Comp.

Salary

Bonus

Shares & Units

Options

All Other

$892,053 $147,679 $0 $248,800 $0 $1,288,532 0.25 0.00 0.25(Max Score)

Bonus: Net Buying/Selling Last Six MonthsInsider Holdings Beginning and Ending Value

Transactions

RatingBuying Selling Net Bonus

$0 $0 $0 0.00$0 $0 $0 0.00$0 $0 $0 0.00

Board of Dir. (excl. CEO & CFO) $500,000 $0 $500,000 0.17> 10% Holders (info only) $2,013,157 $2,480,000 -$466,843

$500,000 $0 $500,000 0.17 (Total Score)

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$0.38$41.87110.180.0%75.64NA

Shares

# of Shares

$ Value# of

Options$ Value if Exercised

* Adjusted $ Value if Exercised

Adjusted $ Value

Robert Hodgkinson7,187,840 $2,731,379 2,250,818 $855,311 $427,655 $3,159,035

CEO

Matthew Wong 40,098 $15,237 817,000

CFO$310,460 $155,230 $170,467 0.1

0.1Other Officers

114,799 $43,624 1,586,450

Board of Dir. (excl. CEO & CFO)

$602,851 $301,426 $345,049

$1,198,289 $3,002,119 1.24,746,921 $1,803,830 6,306,784 7.2% 1.4

> 10% Holders13,121,500 $4,986,170 5,833,333 $2,216,667 $1,108,333 $6,094,503

$2,396,578

14.6%For info only

Total (excl. >10% Holders)

Perform-ance Bonus

Share and Unit

AwardsOption Awards

All Other Comp.

Perform-ance

Bonus

Share and Unit

AwardsOption Awards

Robert Hodgkinson$255,000 $88,000 $343,000 0.25

CEO

Matthew Wong $218,000 $40,000 $258,000 0.25

CFO

Harrison Blacker$232,564 $112,548 $96,000 $441,112 0.25

0.25EVP Operations

0.25President and COO

Neyeska Mut$186,489 $35,131 $24,800 0.25$246,420

Total

Total (excl. >10% Holders)

Robert Hodgkinson, CEO

Matthew Wong , CFO

Other Officers

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$10,000,000$12,000,000$14,000,000

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Balance Sheet Analysis Rating 2.1

Short-Term Liquidity

Quadrant Rating Dec-09 Mar-10 Jun-10 Sep-10 Dec-10Working Capital $ 0.4 ($4.3) ($4.6) ($3.6) ($1.5)

Cash Flow Ops (Q in mil) ($0.0) ($0.3) $ 1.3 $ 1.0 ($0.1)

Cash Flow Ops (Ann Q's in mil) ($0.0) ($1.1) $ 5.2 $ 4.1 ($0.2)

Quadrant Rating 3.0 1.0 2.0 2.0 1.0

Addition to Quadrant Rating

Add: 0.0 - VE Working Capital + VE

Short-Term Liquidity Rating 1.0

Debt to EquityDec-09 Mar-10 Jun-10 Sep-10 Dec-10

EquityCommon Stock Equity $ 39.7 $ 38.8 $ 37.6 $ 37.5 $ 38.3

Total Equity $ 39.7 $ 38.8 $ 37.6 $ 37.5 $ 38.3

Debt and EquivalentsPref. Securities of Sub Trust - - - - -

Pref. Equity Outside Stock Equity - - - - -

Preferred Stock Equity - - - - -

Minority Interest (Bal. Sheet) - - - - -

Short-Term Debt $ 0.9 $ 3.9 $ 5.9 $ 4.0 $ 4.8

Long-Term Debt $ 2.3 - - - -

Capital Lease Obligations - - - - -

Total Debt and Equivalents $ 3.2 $ 3.9 $ 5.9 $ 4.0 $ 4.8

Debt to Equity 0.08 0.10 0.16 0.11 0.13

Debt to Equity Rating 3.1 Low Risk High Risk

Debt to Equity Rating 3.1

Interest CoverageDec-09 Mar-10 Jun-10 Sep-10 Dec-10

EBITQuarterly ($2.4) ($1.6) ($0.7) ($0.6) ($2.2)

TTM ($8.6) ($8.0) ($7.2) ($5.4) ($5.1)

Interest ExpenseQuarterly $ 0.1 $ 0.3 $ 0.3 $ 0.3 $ 0.2

TTM $ 0.6 $ 0.7 $ 0.8 $ 1.0 $ 1.1

Interest CoverageQuarterly #N/A #N/A #N/A #N/A #N/A

TTM #N/A #N/A #N/A #N/A #N/A

Interest Coverage RatingQtrly Interest Coverage Rating QuarterlyTTM Interest Coverage Rating TTM

Interest Coverage Rating N/A

This Company's cash flow is considered NOT SEASONAL, therefore this report uses the last quarter's cash flow multiplied by 4 as a proxy for annual cash flow. +

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Our methodology accounts for the 'nearness' to improving or worsening a Company's quadrant ranking based on current cash generation/burn rate and working capital position. The Company's working capital situtation is URGENT, and they are generating negative cash flow. At the current cash burn rate the Company will double their working capital deficit in 77 month(s).

Debt to Equity

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Quadrant 2:"DRAWING DOWN"

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Revenue, EBITDA and EPS Rating 3.2

Revenue (in millions)

Annual (Fiscal Year) Dec-06 Dec-07 Dec-08 Dec-09 Dec-10

Revenue -$ -$ $ 5.8 $ 6.8 $ 8.2

Quarterly Dec-09 Mar-10 Jun-10 Sep-10 Dec-10

Quarter Ending $ 1.1 $ 1.3 $ 2.8 $ 2.5 $ 1.5

TTM $ 6.5 $ 5.1 $ 6.2 $ 7.7 $ 8.2

Growth Percent Rating Stability R² RatingRev. Growth % TTM 25.1% 4.5Rev. Growth % LFY 20.2% 4.0 Revenue Stability Last 2 Yrs

Rev. Growth % 3 Year CAGR Revenue Stability Last 3 Yrs

Rev. Growth % 5 Year CAGR Revenue Stability Last 5 Yrs

Revenue Growth Rating 4.2 Overall Revenue Stability Rating

Revenue Growth and Stability Rating 4.2

EBITDA (in millions)


EBITDA ($4.0) ($6.8) ($4.3) ($1.7) $ 0.1


Quarter Ending ($0.9) ($0.9) $ 1.0 $ 0.8 ($0.9)

TTM ($1.5) ($2.9) ($1.6) $ 0.1 $ 0.1

Growth Percent Rating Stability R² RatingEBITDA Growth % TTM 108.4% 5.0EBITDA Growth % LFY 107.1% 5.0 EBITDA Stability Last 2 Yrs 71.6% 3.6EBITDA Grwth % 3 Yr CAGR 126.4% 5.0 EBITDA Stability Last 3 Yrs 86.1% 4.3EBITDA Grwth % 5 Yrr CAGR EBITDA Stability Last 5 Yrs 28.2% 1.4EBITDA Growth Rating 5.0 Overall EBITDA Stablitity Rating 3.1

EBITDA Growth and Stability Rating 4.0

Basic Earnings Per Share (EPS*)* (excluding acquired in process R&D, restructuring and M&A, special income & charges and discontinued ops)


EPS $ 0.50 ($0.07) ($0.29) ($0.16) ($0.05)

Quarterly (TTM) Dec-09 Mar-10 Jun-10 Sep-10 Dec-10

Quarter Ending ($0.08) ($0.02) ($0.01) ($0.01) -$

TTM ($0.15) ($0.14) ($0.14) ($0.12) ($0.04)

Growth Percent Rating Stability R² RatingEPS Growth % TTM 73.3% 2.5EPS Growth % LFY 68.8% 2.5 EPS Stability Last 2 Yrs 27.8% 1.4EPS Grwth % 3 Year CAGR 17.0% 1.8 EPS Stability Last 3 Yrs 17.8% 0.4EPS Grwth % 5 Year CAGR 4.4% 1.2 EPS Stability Last 5 Yrs 17.4% 0.9EPS Growth Rating 2.0 Overall EPS Stablitity Rating 0.9

EPS Growth and Stability Rating 1.4

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Return On Capital Rating 0.8

Return On Invested Capital (ROIC)


Invested Capital Period Ending $ 74.3 $ 60.5 $ 58.6 $ 43.1 $ 43.6

Average Invested Capital $ 45.0 $ 67.4 $ 59.5 $ 50.8 $ 43.4

* Net Income $ 26.5 ($4.6) ($20.9) ($12.8) ($7.1)

Add Back: After Tax Interest Expense $ 0.1 $ 0.2 $ 0.3 $ 0.5 $ 0.7

Annual ROIC 59.0% -6.5% -34.6% -24.2% -14.9%

Level Rating 5.0 1.2 0.0 0.2 0.6Consistency Rating 1.4


Invested Capital Period Ending $ 43.1 $ 42.9 $ 43.8 $ 46.2 $ 43.6

Average Invested Capital $ 50.7 $ 47.5 $ 45.3 $ 44.6 $ 43.9

* Net Income ($13.8) ($13.3) ($13.5) ($11.8) ($7.1)


Quarterly ROIC -26.5% -27.1% -28.7% -25.2% -14.7%


Return on Invested Capital (ROIC) Rating 0.7

Return On Assets (ROA)


Total Assets Period Ending $ 80.7 $ 63.1 $ 62.3 $ 45.9 $ 46.4

Average Total Assets $ 48.3 $ 71.9 $ 62.7 $ 54.1 $ 46.1

* Net Income $ 26.5 ($4.6) ($20.9) ($12.8) ($7.1)


Annual ROA 54.9% -6.1% -32.8% -22.7% -14.0%



Total Assets Period Ending $ 45.9 $ 46.3 $ 47.5 $ 49.6 $ 46.4

Average Total Assets $ 53.8 $ 50.6 $ 48.2 $ 47.7 $ 47.1

* Net Income ($13.8) ($13.3) ($13.5) ($11.8) ($7.1)


Quarterly ROA -26.5% -27.1% -28.7% -25.2% -14.7%


Return on Assets (ROA) Rating 0.9

Return On Common Equity (ROE)


Total Equity Period Ending $ 71.4 $ 59.4 $ 44.4 $ 39.7 $ 38.3

Average Common Equity $ 43.6 $ 65.4 $ 51.9 $ 42.0 $ 39.0

* Net Income $ 26.5 ($4.6) ($20.9) ($12.8) ($7.1)

Add Back: NA -$ -$ -$ -$ -$

Annual ROE 60.8% -7.0% -40.3% -30.5% -18.3%



Total Equity Period Ending $ 39.7 $ 38.8 $ 37.6 $ 37.5 $ 38.3

Average Common Equity $ 42.4 $ 41.3 $ 40.4 $ 39.1 $ 38.4

* Net Income ($13.8) ($13.3) ($13.5) ($11.8) ($7.1)

Add Back: NA -$ -$ -$ -$ -$

Quarterly ROE -32.6% -32.2% -33.4% -30.3% -18.6%


Return on Common Equity (ROE) Rating 0.8* Net Income - Excludes Net Income from Discontinued Operations, Income Acquired in Process R&D, Income Restructuring And M&A, and Other Special Income/(Charges)

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RO

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TT

M B

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s

(200%)

(150%)

(100%)

(50%)

0%

50%

100%

150%

200%

250%

Dec 01

Dec 02

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Dec 05

Dec 06

Dec 07

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RO

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Valuation Rating 2.2

Price to Earnings (P/E)(Lower numbers receive higher rankings)


* Price -$ -$ $ 0.35 $ 0.32 $ 0.32

Earnings Per Share (EPS) $ 0.50 ($0.07) ($0.29) ($0.16) ($0.05)

Annual P/E

Annual P/E Rating 4.6


* Price $ 0.32 $ 0.30 $ 0.33 $ 0.34 $ 0.36

Earnings Per Share (EPS) ($0.15) ($0.14) ($0.14) ($0.12) ($0.04)

Quarterly (TTM) P/E

Quarterly (TTM) P/E Rating

Price to Earnings (P/E) N/A

Price to Book (P/Book)(Lower numbers receive higher rankings)


* Price -$ -$ $ 0.35 $ 0.32 $ 0.32

Book Equity Per Share $ 1.17 $ 0.85 $ 0.60 $ 0.41 $ 0.35

Annual P/Book 0.6 x 0.8 x 0.9 x

Annual P/Book Rating 4.8 4.8 4.5 4.4 4.4


* Price $ 0.32 $ 0.30 $ 0.33 $ 0.34 $ 0.36

Book Equity Per Share $ 0.41 $ 0.39 $ 0.38 $ 0.37 $ 0.35

Quarterly P/Book 0.8 x 0.8 x 0.9 x 0.9 x 1.0 x

Quarterly P/Book Rating 4.4 4.4 4.4 4.3 4.3

Price to Book (P/Book) 4.3

Enterprise Value to EBITDA (EV/EBITDA)(Lower numbers receive higher rankings)


* Enterprise Value ($16.3) ($12.5) $ 38.1 $ 31.1 $ 34.7

EBITDA ($4.00) ($6.80) ($4.29) ($1.75) $ 0.12

Annual EV/EBITDA 316.1 x

Annual EV/EBITDA Rating


* Enterprise Value $ 31.1 $ 32.1 $ 35.5 $ 35.8 $ 39.7

EBITDA ($1.48) ($2.90) ($1.59) $ 0.10 $ 0.12

Quarterly (TTM) EV/EBITDA 382.4 x 355.8 x

Quarterly (TTM) EV/EBITDA Ratin

Enterprise Value to EBITDA (EV/EBITDA)* Price - Delayed 60 days to reflect the fact that financial statements are public approximately 60 days after the last day of the reporting period. For the last period the most recent price is used.

0.0 x

0.9 x

1.7 x

2.6 x

3.4 x

4.3 x

Dec 01

Dec 02

Dec 03

Dec 04

Dec 05

Dec 06

Dec 07

Dec 08

Dec 09

Dec 10

P/

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0.0 x

0.5 x

1.0 x

1.5 x

2.0 x

2.5 x

Dec 01

Dec 02

Dec 03

Dec 04

Dec 05

Dec 06

Dec 07

Dec 08

Dec 09

Dec 10

P/

Bo

ok o

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uart

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0.0 x

50.0 x

100.0 x

150.0 x

200.0 x

250.0 x

300.0 x

350.0 x

400.0 x

450.0 x

Dec 01

Dec 02

Dec 03

Dec 04

Dec 05

Dec 06

Dec 07

Dec 08

Dec 09

Dec 10

EV

/E

BIT

DA

on

Ro

llin

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TM

Basi

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investorSCOREcard

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