	Actual data		Assessed data
	2006	2007	2008	2009	2010	2011
Turnover	13.71 M$	9.66 M$	6.20 M$	4.20 M$	5.50 M$	20.50 M$
Turnover Growth		-29.51%	-35.84%	-32.26%	30.95%	272.73%
EBITDA
Operating Margin
Profits	-31.24 M$	-37.63 M$	-36.85 M$	-34.00 M$	-38.60 M$	-32.00 M$
Profits / Turnover	-227.86%	-389.37%	-594.35%	-809.52%	-701.82%	-156.10%
Profit Growth		-20.46%	2.07%	7.73%	-13.53%	17.1%
EPS	-1.13$	-1.17$	-1.06$	-0.88$	-0.83$	-0.64$
EPS Growth		-3.54%	9.4%	16.98%	5.68%	22.89%
PER
Dividend / share
Yield

Quarterly data

	Actual data 2008	Assessed data 2008	Assessed data 2009
	Quarter 3	Quarter 4	Quarter 1	Quarter 2	Quarter 3	Quarter 4
Turnover	0.51 M$	1.15 M$	0.90 M$	1.00 M$	1.10 M$	1.20 M$
EBITDA
Profits	-7.07 M$	-6.70 M$	-13.90 M$	-6.90 M$	-6.60 M$	-6.80 M$
EPS	-0.21$	-0.18$	-0.38$	-0.19$	-0.17$	-0.17$

Annual Earnings Per Share assessments

	Assessed data
	2008	2009
Average EPS Assessment	-1.06$	-0.88$
Lowest EPS Assessment	-1.10$	-1.10$
Highest EPS Assessment	-1.04$	-0.68$
Nbr of analysts	5	5
Average EPS 1-month trend
Average EPS 3-month trend

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Valuation of sector's securities

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