LOTOMIX · Independent Due Diligence Review

LOTOMIX Due Diligence Review

BC 6.7 Waterhouse / Investment Committee · 2026-07-12

No documents were modified by the independent review · CONFIDENTIAL under NDA

61/100

LOTOMIX Readiness

62/100

Combined Review

78-82/100

Target (60-90 days)

FileRoleStatusVersion
LOTOMIX_BC_6_4_Waterhouse_Institutional_Model(5).xlsxCanonical financial sourceCurrent / CanonicalOK
PREMIA TECH — Institutional Due Diligence Report — Waterhouse VC — V.04 (1).pdfCurrent management due-diligence responseCurrent with reconciliation warningsMISMATCH
ASTERDAIL_Due_Diligence_Report_2026-07-12.pdfIndependent reviewCurrentOK
PUBLIC-FUNDING-STRATEGY-WATERHOUSE-V06-final-JULY-2026EN (1).pdfPublic-funding strategyCurrent with hardware-version correction requiredMISMATCH
LOTOMIX_Master_Report_2026.pdfSuperseded archiveSuperseded — never use for current KPIs or assistant answersOK
LOTOMIX_Full_Audit_Report_2026.pdfSuperseded archiveSuperseded — never use for current KPIs or assistant answersOK

PREMIA TECH — Institutional Due Diligence Report — Waterhouse VC — V.04 (1).pdf: Filename says V.04, cover says Version 02 — pending management confirmation

PUBLIC-FUNDING-STRATEGY-WATERHOUSE-V06-final-JULY-2026EN (1).pdf: Filename says V06, cover says Version 2.0, closing says Version 1.0 — pending management confirmation

M7 Total Revenue

€136,880.82

BC 6.4 Base Case

M7 EBITDA

€33,961.21

Positive

M7 FCF

(€52,477.42)

Launch CAPEX

M7 Closing Cash

€1,345,799

Minimum liquidity

⚠ PPI Gross Capacity at 100% Fill — NOT base-case revenue

€199,500

Formula: 500 × 950 × 30 ÷ 1,000 × €14. This is 100%-fill PPI gross capacity for 500 readers. The base-case Month 7 revenue is €136,880.82 at 30.5556% fill.

Archived Activation Sensitivity — never in base case

€1,070,500 — Superseded

LOTOMIX Independent Due Diligence Review · 2026-07-12 · Readiness 61/100 · No documents modified · CONFIDENTIAL under NDA