Financial Summary (All financials)
In millions, except per share items | Aug-31-21 | Aug-31-20 | Aug-31-19 | Aug-31-18 |
Revenues | 0.4 | 0.3 | 0.1 | 0.2 |
Revenue growth | 38.3% | 390.1% | -75.2% | |
Cost of goods sold | 0.5 | 0.7 | 1.4 | 0.5 |
Gross profit | -0.1 | -0.4 | -1.3 | -0.3 |
Gross margin | -22.7% | -134.1% | -2267.6% | -114.0% |
Selling, general and administrative | 4.9 | 6.9 | 12.3 | 14.9 |
General and administrative | 0.7 | 0.7 | 0.7 | 0.6 |
EBIT | 7.9 | 11.6 | -15.6 | -15.5 |
EBIT margin | 1966.8% | 4000.0% | -26213.6% | -6479.2% |
Pre-tax income | 9.5 | 12.4 | 15.8 | 15.5 |
Income taxes | 18.9 | 24.8 | 0.0 | -0.2 |
Tax rate | 200.0% | 200.0% | 0.0% | |
Net income | 9.5 | 12.4 | 15.8 | 0.2 |
Net margin | 2355.6% | 4256.8% | 26608.0% | 67.1% |
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Diluted EPS | $0.02 | $0.06 | $0.14 | $0.00 |
Shares outstanding (diluted) | 419.3 | 201.4 | 114.2 | 64.5 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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