Letter to Shareholders from the CEO- RYAN Key Financial Performance Metrics-ANTHONY doneThe Product Market (Segments and Highlights, Trends)-MORGAN - doneThe Geographic Markets (Highlights, Trends) -MORGAN - doneThe chosen strategy and the reasons for your choice- ANDREI-doneThe closest competition (their positioning and their activities)-PATRICK doneThe implementation of the chosen strategy (especially key decisions made in product design, marketing , in manufacturing, staffing, compensation and financing ).-ANDREI-doneThree years of historical annual financial statements (balance sheet and profits)-RYANdoneTo the shareholders of DigiTech co:In year 14, DigiTech achieved total earnings for its shareholders of $76.8 million, of which $24.5 million we used to buy back our shares, leaving us with an increase in equity of $52.3 million for the end of year 14. The book value per share of our stock increased 60% last year to $38.97 and we had a 167% increase in earnings per share. Over the last 14 years Digitech has seen a decline in our share price and has since had a steady increase in share price at a compound rate of 40% per year. As for our investment in Blink Company in year 12, it still shows losses, but with the changes we have made, Blink's strategy is starting to take a positive direction. A few more years and a lot of sweat and the company will be back on track. When we decided to buy 51% of Blink we knew it would take some time to change the company. The board of directors is confident that Blink will generate a profit and increase the intrinsic value of our company over time. The second disappointment in year 14 was my inability to meet the entry-level camera pro...... middle of the paper...... it's a multifunctional product similar to the low-priced low-quality camera from DigiTech, Fuji is still the main competitor in this segment. They offer their all-in-one camera at an average price of $400, provide 5 different models, and a P/Q rating of 4. GLO-BUS Game to Date Scoreboard at Year 14*As shown above, Fuji is currently ranked (2 ) on the GLOBUS Game To Date Scoreboard with an overall score of 106 just behind Align Inc. According to the GLOBUS statistical review where the Game to Date Scoreboard is provided, Fuji's average earnings per share is $3.90. Their average return on capital as of year 14 is 17.4. Their current stock price as of year 14 is also valued at $89.46. They have an A+ credit rating and a very high image rating of 94. Fuji is a very successfully run company and, if other companies agree, our main and strongest competitor so far.