SIMPLICITY ESPORTS & GAMING Co (WINR) [Rocket]

In millions, except per share items	May-31-21	May-31-20	May-31-19	May-31-18	May-31-17
	10-K	10-K	10-K	10-K	S-1/A
Total revenues	1.6	0.9	0.0	0.0	0.0
Revenue growth	80.2%	2167.2%
Cost of goods sold	0.8	0.4	0.0	0.0	0.0
Gross profit	0.8	0.4	0.0	0.0	0.0
Gross margin	49.4%	50.9%	100.0%
Selling, general and administrative [+]	2.3	1.5	4.4	0.5	530.6
General and administrative [+]	2.3	1.5	4.4	0.5	530.6
General and administrative expenses	1.5	1.0	4.4	0.5	530.6
Professional fees	0.8	0.5
Other operating expenses	2.9	1.7
EBITDA [+]	-3.9	-2.5	-4.2
EBITDA growth	58.8%	-41.7%	696.2%	-99.9%
EBITDA margin	-252.1%	-286.0%	-11117.8%
Depreciation	0.2	0.1	0.0
EBITA	-4.1	-2.5	-4.2	-0.5	-530.6
EBITA margin	-266.9%	-292.7%	-11131.8%
Amortization of intangibles	0.3	0.2	0.1
EBIT [+]	-4.4	-2.7	-4.3	-0.5	-530.6
EBIT growth	62.5%	-36.7%	713.3%	-99.9%
EBIT margin	-286.0%	-317.2%	-11357.3%
Non-recurring items [+]	0.4
Asset impairment	0.4
Interest income, net [+]	-1.4	0.0	0.4	0.5	521.7
Interest expense	1.4	0.0	0.0
Interest income	0.0	0.0	0.4	0.5	521.7
Other income (expense), net [+]	-0.1	0.1	0.4
Gain (loss) on foreign currency transactions	0.0
Other	0.0	0.0
Pre-tax income	-6.3	-2.7	-3.6	0.0	-8.9
Income taxes	-0.1	0.0	0.0	0.0	0.0
Tax rate	2.1%	0.0%	0.0%	0.0%	0.0%
Minority interest	0.1	0.0
Net income	-6.1	-2.6	-3.6	0.0	-8.9
Net margin	-392.9%	-304.2%	-9383.5%

Basic EPS [+]	($4.91)	($0.34)	($1.00)	$0.00	($4.32)
Growth	1345.7%	-66.1%	23033.5%	-99.9%
Diluted EPS [+]	($4.91)	($0.34)	($1.00)	$0.00	($4.32)
Growth	1345.7%	-66.1%	23033.5%	-99.9%

Shares outstanding (basic) [+]	1.2	7.7	3.6	2.1	2.1
Growth	-83.9%	116.5%	73.9%	0.0%
Shares outstanding (diluted) [+]	1.2	7.7	3.6	2.1	2.1
Growth	-83.9%	116.5%	73.9%	0.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.