Income Statement | | | | | | | | | | |
| | | | | | | Original | | | |
USD | Fiscal Year Ending | | Latest | | Year-to-date Ending |
(in millions) | Feb-20 | Feb-21 | Feb-22 | Feb-23 | Feb-24 | | Nov-24 | | Nov-23 | Nov-24 |
| FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM | | YTD-1 | YTD |
| | | | | | | | | | |
Revenue | 9 | 11 | 12 | 6 | 13 | | 15 | | 9 | 11 |
% Growth | NA | 14.0% | 16.6% | -47.9% | 99.1% | | | | | 24.7% |
| | | | | | | | | | |
Cost of Revenue | (8) | (7) | (7) | (5) | (9) | | (10) | | (6) | (8) |
Gross Profit | 1 | 3 | 5 | 1 | 4 | | 5 | | 3 | 3 |
% Revenue | 16.0% | 31.1% | 39.1% | 21.9% | 29.8% | | 31.1% | | 29.5% | 31.3% |
| | | | | | | | | | |
Research and Development | (0) | (0) | (0) | (0) | (0) | | (0) | | 0 | 0 |
Selling and Marketing | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
General and Admin | (2) | (2) | (3) | (2) | (3) | | (3) | | (2) | (2) |
Other Inc / (Exp) | 0 | 0 | 1 | 2 | 2 | | 3 | | (0) | 0 |
Total Operating Exp | (2) | (2) | (1) | (1) | (1) | | (1) | | (2) | (2) |
| | | | | | | | | | |
Operating Income | (1) | 1 | 4 | 1 | 3 | | 4 | | 0 | 1 |
% Revenue | -6.7% | 13.1% | 29.4% | 13.5% | 22.7% | | 27.2% | | 2.0% | 12.3% |
| | | | | | | | | | |
Interest Expense | 0 | 0 | (0) | (0) | (0) | | (0) | | (0) | (0) |
Pre-tax Income | (1) | 1 | 4 | 1 | 3 | | 4 | | 0 | 1 |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
Provision for Taxes | 0 | 0 | 0 | 0 | 3 | | 3 | | 0 | (0) |
Net Income to Company | (1) | 1 | 4 | 1 | 6 | | 7 | | 0 | 1 |
% Margin | -6.6% | 13.1% | 28.6% | 12.9% | 45.5% | | 44.0% | | 1.3% | 8.0% |
| | | | | | | | | | |
Minority Interest in Earnings | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
Net Income to Stockholders | (1) | 1 | 4 | 1 | 6 | | 7 | | 0 | 1 |
| | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
Other Adj. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
| | | | | | | | | | |
Net Income to Common | (1) | 1 | 4 | 1 | 6 | | 7 | | 0 | 1 |
% Margin | -6.6% | 13.1% | 28.6% | 12.9% | 45.5% | | 44.0% | | 1.3% | 8.0% |
| | | | | | | | | | |
As Reported | | | | | | | | | | |
Basic EPS (Continuing Ops) | (0.30) | 0.67 | 1.68 | 0.40 | 2.78 | | 3.15 | | 0.06 | 0.42 |
Diluted EPS (Continuing Ops) | (0.30) | 0.67 | 1.68 | 0.40 | 2.78 | | 3.15 | | 0.06 | 0.42 |
| | | | | | | | | | |
WA Basic Shares Out. | 2.01 | 2.07 | 2.08 | 2.08 | 2.08 | | 2.08 | | 2.08 | 2.08 |
WA Diluted Shares Out. | 2.01 | 2.07 | 2.08 | 2.08 | 2.08 | | 2.08 | | 2.08 | 2.08 |
| | | | | | | | | | |
EBITDA, EBIT Reconciliation | | | | | | | | | | |
EBT, Incl. Unusual Items | (1) | 1 | 4 | 1 | 3 | | 4 | | 0 | 1 |
Addback: Net Interest Expense | (0) | (0) | 0 | 0 | 0 | | 0 | | 0 | 0 |
Addback: Other Non Operating Expenses, Total | 0 | (0) | (0) | (1) | 0 | | 0 | | (0) | 0 |
Addback: Depreciation & Amortization | 0 | 0 | 0 | 0 | 1 | | 1 | | 0 | 1 |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
Addback: Gain (Loss) On Sale Of Invest. | (0) | (0) | (0) | (1) | 0 | | (0) | | 0 | (0) |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
Addback: Asset Writedown | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
Addback: Other Unusual Items | 0 | 0 | (1) | 0 | (2) | | (2) | | 0 | 0 |
Adjusted EBITDA | (0) | 1 | 3 | (0) | 2 | | 2 | | 1 | 2 |
% Margin | -4.4% | 13.2% | 20.8% | -4.5% | 12.1% | | 15.5% | | 11.1% | 16.0% |
| | | | | | | | | | |
Adjusted EBIT | (1) | 1 | 2 | (1) | 1 | | 2 | | 1 | 1 |
% Margin | -6.8% | 11.1% | 18.7% | -10.2% | 7.3% | | 10.3% | | 6.5% | 10.7% |
| | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | |
Net Income to Company | (1) | 1 | 4 | 1 | 6 | | 7 | | 0 | 1 |
Addback: Unusual Items | (0) | (0) | (1) | (1) | (2) | | (3) | | 0 | (0) |
Less: Tax Benefit of Unusual Items (26%) | 0 | 0 | 0 | 0 | 1 | | 1 | | (0) | 0 |
Adjusted Net Income | (1) | 1 | 3 | 0 | 4 | | 5 | | 0 | 1 |
% Margin | -6.7% | 12.2% | 23.4% | 2.9% | 33.9% | | 31.2% | | 4.8% | 6.8% |