Glossmen |link| -

| Risk | Likelihood | Mitigation | |------|------------|------------| |

| Metric | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |--------|---------|---------|---------|---------|---------|---------| | Revenue | 11.3 M | 13.7 M | 16.4 M | 18.9 M | 20.8 M | | | Gross Profit | 6.9 M | 8.4 M | 10.2 M | 11.6 M | 12.6 M | 13.4 M | | Gross Margin | 61 % | 61 % | 62 % | 61 % | 61 % | 61 % | | Operating Expenses | 5.2 M | 5.8 M | 6.4 M | 7.0 M | 7.5 M | 8.0 M | | Net Income | 0.5 M | 0.8 M | 1.2 M | 1.5 M | 1.8 M | 2.0 M | | Net Margin | 4 % | 6 % | 7 % | 8 % | 9 % | 9 % | | EBITDA | 1.1 M | 1.5 M | 2.0 M | 2.4 M | 2.8 M | 3.2 M | | Cash Position (EoY) | 1.3 M | 1.8 M | 2.3 M | 2.7 M | 3.0 M | 3.5 M | glossmen

: The emphasis is on long-term lip health, using serums that nourish the skin rather than just masking it. glossmen

The term "Glossmen" is frequently used in collecting circles to describe models—often unbranded or produced by smaller foundries—that prioritized a "showroom" finish over play value. glossmen

Subject: Glossmen – Business & Market Assessment Prepared for: [Your Company / Department] Date: 14 April 2026