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AIgTLDs Ltd
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ICANN New gTLD Program: 2026 Round — Appendix 5 Standard Financial Profile Templates
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Applications: .BHANGRA (Community) | .LATTE (Generic) • Applying Entity: AIgTLDs Ltd (Cayman Islands Exempted Company)
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Contents
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Table A5-1Most Likely Scenario (MLS) Financial Projection
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Table A5-3Worst Case Scenario (WCS) Financial Projection
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Table A5-5Risk Assessment Template
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Table A5-6Registration Projections Template
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Purpose & Source
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These templates reproduce the layout of Appendix 5 (Templates for Standard Financial Profile) of the ICANN New gTLD Program: 2026 Round Applicant Guidebook (V2-2026.04.24), populated with AIgTLDs Ltd's financial projections drawn from the AIgTLDs Business Plan (March 2026) and AIgTLDs 5-Year Financial Model (v1.0).
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Per AGB Question Set 18 (Q213-219), an applicant on the Standard Financial Profile must submit a Most Likely Scenario (MLS) projection, a Worst Case Scenario (WCS) projection, a Risk Assessment, and Registration Projections as one document, together with audited/reviewed/compiled third-party financial statements for the applying entity (not reproduced here).
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Key Assumptions & Period Mapping
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• Currency: All figures in United States Dollars (USD), consistent with the AIgTLDs Financial Model.
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• Start-up Period = pre-commencement / pre-delegation phase (application submission, evaluation, and setup, targeted June 2026 – Q4 2027 per the Business Plan timeline). It aggregates the one-time application, legal, and technical setup costs from the Financial Model's CapEx & Setup sheet ($834,000, excluding the $400,000 auction contingency reserve, which is held but not classified as a committed outflow).
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• Commencement of Operations Year 1-3 = Financial Model Year 1-3 (2027-2029) recurring revenue and operating cash flows, i.e. the Financial Model's Year 1 column with one-time application/setup costs removed (to avoid double-counting against the Start-up Period) and recurring RSP, ICANN fee, personnel, marketing, legal, and G&A costs retained.
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• Community Priority Evaluation (.BHANGRA, $65,000) is classified within the Start-up Period (Capital Expenditure Category-2) because CPE (Q2-Q3 2027 per Business Plan Section 4.1.1) falls before General Availability launch (Q1 2028), rather than in Year 2 as sequenced in the underlying Financial Model.
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• Registration Volume = total registrant events (new registrations + renewals) for both TLDs combined, per the Financial Model's Registration Model sheet.
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• Worst Case Scenario applies the Financial Model's "Bear Case (-40% registrations)" revenue sensitivity while holding contracted/committed operating costs (RSP, personnel, marketing, legal, G&A) constant, and removing the ICANN per-transaction fee (registration volume remains below the 50,000/quarter threshold in all three years). Financing (Seed and Series A) is held constant across both scenarios, as financing risk is separately addressed in the Risk Assessment ("Reduced Funding").
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• Cells shaded black are not applicable, consistent with the ICANN template (no registration volume exists prior to commencement of operations).
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• Source documents: AIgTLDs Business Plan (March 2026); AIgTLDs 5-Year Financial Model v1.0 (Assumptions, P&L, Registration Model, Revenue Build, OpEx Build, Cash Flow, CapEx & Setup, and Sensitivity sheets); ICANN New gTLD Program: 2026 Round Applicant Guidebook, Appendix 5 and Section 6.2 (Financial and Operational Evaluation).
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Color Legend
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Table title bar
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Instruction text bar
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Period group header (Commencement of Operations / Year headers)
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Year 1 / Year 2 / Year 3 column headers
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Section header (Projected Cash Inflows / Outflows)
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Sub-section header (Capital Expenditures, Outsourcing, etc.)
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Total row
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Net Cash Flow row
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Projected Total Cash Flow / key row
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