Salona Global Medical Device Corp [Rocket]

In millions of CAD, except per share items	Feb-28-22	Feb-28-21	Dec-31-20
	10-K	10-K	S-1/A
Revenues [+]	18.3	-0.1	9,536.2
Products	18.0
Net interest income		0.0
Revenue growth	-13121.8%
Cost of goods sold [+]	12.4	-0.1	6,863.7
Direct costs	0.6
Gross profit	6.0	0.0	2,672.5
Gross margin	32.6%	23.9%	28.0%
Selling, general and administrative [+]	5.7	1.0	1,703.1
General and administrative	5.7	1.0	1,703.1
Other operating expenses	0.6		1,165.3
EBITDA [+]	1.1		-195.9
EBITDA growth	-205.1%
EBITDA margin	5.9%	728.0%	-2.1%
Depreciation and amortization	0.8		187.5
EBITA	0.2	-1.0	-383.5
EBITA margin	1.3%	728.0%	-4.0%
Amortization of intangibles			345.7
EBIT [+]	0.2	-1.0	-729.2
EBIT growth	-122.8%
EBIT margin	1.3%	728.0%	-7.6%
Interest income, net [+]	-0.4	0.0	371.2
Interest expense	0.4
Interest income	0.0	0.0	371.2
Other income (expense), net [+]	-4.3	-1.7
Gain (loss) on debt retirement	0.0
Gain (loss) on foreign currency transactions	0.0
Pre-tax income	-4.5	-2.7	-358.0
Income taxes	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%
Net income	-4.4	-2.7	-358.0
Net margin	-23.9%	1896.8%	-3.8%

Basic EPS [+]	($0.10)	($0.08)
Growth	27.0%
Diluted EPS [+]	($0.10)	($0.08)
Growth	27.0%

Shares outstanding (basic) [+]	43.6	33.8
Growth	29.1%
Shares outstanding (diluted) [+]	43.6	33.8
Growth	29.1%

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