# Profoundd archive — Epstein Files
# Bates number: EFTA01365808
# Title:        Amendment No. 3 to Form S-I
# Dataset:      10
# Pages:        1
# Tags:         epstein, doj, dataset-10
# Source PDF:   https://profoundd.com/epstein-docs/EFTA01365808/download
# Doc viewer:   https://profoundd.com/epstein-docs/EFTA01365808
#
# Text below is what Profoundd has extracted from the source PDF.
# 'ocr-enriched' tag means OCR was applied to scan-only pages.
# Image descriptions are AI-generated factual captions (llava:13b).
#----------------------------------------------------------------------

=== SUMMARY ===
Amendment No. 3 to Form S-I Table of Contrail We opened our first restaurant in 1979 in Porto Alegre, Brazil. In 1986. we expanded to Sao Paulo, Brazil, a city in which we now operate five restaurants. Encouraged by our success in Brazil, we opened our first restaurant in the United States in 1997 in Addison, Texas. a suburb of Dallas, and have since expanded our footprint nationwide. We currently operate 26 restaurants in the United States, 10 in Brazil and one in Mexico, ow first joint venture


=== EXTRACTED TEXT ===
Amendment No. 3 to Form S-I 
Table of Contrail 
We opened our first restaurant in 1979 in Porto Alegre, Brazil. In 1986. we expanded to Sao Paulo, Brazil, a city in which we now operate 
five restaurants. Encouraged by our success in Brazil, we opened our first restaurant in the United States in 1997 in Addison, Texas. a suburb 
of Dallas, and have since expanded our footprint nationwide. We currently operate 26 restaurants in the United States, 10 in Brazil and one in 
Mexico, ow first joint venture restaurant. From the 2010 to 2014 fiscal years, we grew our restaurant count by a compound annual growth rate 
("CAGR") of 11.5%. 
Restaurant Count Revenue 
40 
30 
20 
10 z•2 24 34 53(10 
$200 
$10o 
2010 2011 2012 2013 2014 2010 2011 2012 2013 201: $169 •;21<i 
sl9 
  III 
We believe our dedication to serving high-quality Brazilian cuisine and our differentiated service model, combined with our disciplined 
focus on restaurant operations, have resulted in strong financial results illustrated by the following: 
In Fiscal 2014, we generated AUVs of approximately $8.0 million and a restaurant contribution margin of 32.5%. which we believe. 
based on an internal survey of our public competitors in the restaurant industry. are among the highest in the full-sent dining 
category; 
In Fiscal 2014. we opened three restaurants. increasing our restaurant base 9.7% from 31 restaurants in 2013 to 34 restaurants in 
2014, and in the year-to-date Fiscal 2015 we have opened restaurants in San Juan, Puerto Rico and Rio de Janeiro, Brazil and our 
first joint venture restaurant in Mexico City, Mexico; and 
From Fiscal 2013 to Fiscal 2014. revenue grew 19.6% to $262.3 million and our net income increased from a net loss of $0.9 
million in Fiscal 2013 to net income of $17.6 million in Fiscal 2014. For the thirteen weeks ended March 29, 2015, revenue was 
$65.0 million and net income was $4.7 million, increases of 5.9% and 68.9%, respectively, as compared to the thirteen weeks ended 
March 30, 2014. In addition, from Fiscal 2013 to Fiscal 2014. restaurant contribution grew 23.9% to $85.1 million and Adjusted 
EBITDA grew 25.7% to $63.3 million, despite our investment of $4.2 million in additional fixed personnel costs during such 
period to develop key functional areas to support future growth. For the thirteen weeks ended March 29, 2015, restaurant 
contribution grew 13.6% to $20.5 million and Adjusted EBITDA grew 15.9% to $14.9 million as compared to the thirteen weeks 
ended March 30, 2014. For a reconciliation of Adjusted EBITDA and restaurant contribution. non-GAAP financial measures, to net 
income and revenue, nrspectively, see "Summary Consolidated Financial and Other Information." 
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CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) 
CONFIDENTIAL DB-SDNY-0056950 
SDNY GM_00203134 
EFTA01365808