Pirex Solutions — Financial Model

Truck Parking Infrastructure — 5-Year Projection Dashboard

Annual Revenue (Y5)

$5.42M
+142% vs Y1
Subscription + ancillary

EBITDA (Y5)

$2.18M
40.2% margin
Operating leverage

Net Income (Y5)

$1.31M
24.2% margin
After tax & D&A

Total Spots (Y5)

3,240
+76% vs today
20 lots across 4 states

IRR (5-Year)

31.4%
Payback: 2.8 yrs
Unlevered, after-tax
Revenue Model

Subscription Tiers & Mix

TierMonthly PriceAnnual PriceMix %ARPU/moContribution
Basic$175$1,89028%$49.00$1.52M
Pro$220$2,37635%$77.00$2.38M
Pro+$275$2,97018%$49.50$1.53M
Fleet 10-25$850$9,18010%$85.00$1.04M
Fleet 26-50$1,800$19,4406%$108.00$1.32M
Enterprise$3,500$37,8003%$105.00$1.27M
Weighted Avg——100%$473.50$9.06M
* Contribution = Annual revenue at full occupancy for mix-adjusted spot count

Revenue Build (Annual)

Occupancy Trajectory

Unit Economics — Per Spot / Per Lot

$4,932
Revenue / Spot / Yr
$1,983
EBITDA / Spot / Yr
40.2%
EBITDA Margin
2.8 yrs
CapEx Payback
$14,796
LTV / Spot
$740
CAC / Spot
CapEx per Spot (land prep, fencing, lighting, gate) $5,000
Annual OpEx per Spot $1,480
Gross Profit per Spot (before OpEx) $3,452
Net Operating Income per Spot $1,983
Cap Rate (NOI / CapEx) 39.7%
LTV:CAC Ratio 20.0x
5-Year P&L Projection
Line Item Year 1 Year 2 Year 3 Year 4 Year 5 CAGR
Cost Structure Breakdown

OpEx Composition (Year 5)

Cost Drivers

Property Management (8% of revenue) $434K
Security & Surveillance $312K
Insurance (liability + property) $234K
Maintenance & Repairs $195K
Utilities (lighting, gate power) $156K
Technology & Platform $117K
Other (permits, legal, misc) $104K
Cash Flow & Returns

Free Cash Flow Profile

Return Metrics

Unlevered IRR (5-Year)
31.4%
MOIC
2.4x
Total CapEx (5 years) $11.2M
Total FCF (5 years) $6.8M
Cumulative Net Income $4.2M
Payback Period 2.8 years
Break-even Month Month 14
Debt Capacity (60% LTV) $6.7M
Levered IRR (assuming 7% cost) 42.1%
Sensitivity Analysis

IRR Sensitivity: Occupancy vs. Avg Price

Base: 87.3% occupancy, $473 ARPU/mo

EBITDA Sensitivity: Spot Count vs. OpEx/Spot

Base: 3,240 spots, $1,480 OpEx/spot
Scenario Comparison
Metric Conservative Base Case Optimistic Stress Test
Lot-Level Economics (Year 5)
Lot Spots Occupancy Revenue OpEx EBITDA Margin CapEx Cap Rate
Pirex Solutions Financial Model — Generated 2026 — For planning purposes only. All figures are projections based on current business assumptions.