−$10.8M
Peak Drawdown
Q3–Q4 2025 (Roundup spend)
Q1 2027
Portfolio Breakeven
Cumulative cash turns positive
$19.5M
Final Net Profit
$31.6M fee share − $12.1M deployed
2.61×
Portfolio MOIC
Fee share ÷ acquisition capital
Why this chart matters.
• Blue (Net Profit Position): The funder's true cumulative cash position. Starts at $0, drops as each campaign's acquisition costs are deployed (outflows), then rises as settlements generate fee share inflows. Final value = +$19,508,032 — the funder's net profit on $12.1M of capital deployed.
• Green (Cumulative Fee Share): Totals funder fee share inflows only (without netting against prior outflows). Final value = $31,596,232 — the total returned to funders across all 27 batches and 6 campaigns.
• The gap between the two lines at the end ($31.6M − $19.5M = $12.1M) is the total acquisition capital originally deployed — fully recovered by settlement.
• Peak drawdown of −$10.8M occurs at Q3-2025 after Roundup capital is deployed, before any major campaign settles. This is the maximum funder capital at risk at any point.
• Settlement timing: AFFF Q1-2026, Camp Lejeune Q3-2026, Paraquat Q1/Q2-2027, LACSA Q2-2029, Roundup Q3-2030, Roblox Q3-2031 (all = batch start date + 60-month timeline).
• Funder fee share per campaign computed from actual batch-level funder assignments (Batch_Performance!D) weighted by cases settling (Calc_Lead_Volume!M), using individual funder fee rates: F1=40%, F2=35%, F3=45%, F4=38%. Per-campaign blended rates: AFFF 41.1%, CL 38.3%, LACSA 37.6%, PARA 36.8%, ROUND 38.0%, ROBLOX 37.3%. Values normalised to portfolio total from Calc_Fees!K.