VERUS INTERNATIONAL, INC. (RBIZ) [Rocket]

In millions, except per share items	Oct-31-21	Oct-31-20	Oct-31-19	Oct-31-18	Oct-31-17	Oct-31-16	Oct-31-15	Oct-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenue	0.5	0.9	13.6	5.8	2.9	0.9	1.2	1.1
Revenue growth	-43.9%	-93.6%	134.6%	100.9%	232.5%	-29.4%	12.9%	-4.8%
Cost of revenue	0.2	0.7	11.5	5.1	2.5	0.2	0.5	0.4
Gross Profit	0.3	0.2	2.1	0.7	0.4	0.7	0.8	0.7
Gross margin	57.6%	20.2%	15.2%	12.9%	13.1%	76.2%	61.5%	62.0%

Operating Expenses:
Salaries and benefits	0.3	9.1	3.9	0.8	0.9			1.2
Selling and promotions expense	0.0	0.1	0.1		0.0	0.0	0.3	0.3
Legal and professional fees	0.4	0.6	0.6	0.3	0.5
General and administrative	0.7	0.6	1.5	0.6	0.2	0.5	1.6	1.9
Total Operating Expenses	1.3	10.3	6.2	1.7	1.6	1.1	6.8	5.2
Operating loss	-1.1	-10.1	-4.1	-0.9	-1.2	-0.5	-6.1	-4.6
Operating margin	-218.6%	-1160.5%	-30.2%	-15.7%	-42.2%	-54.3%	-493.2%	-417.6%

Other (Expense) Income:
Interest expense	-0.3	-1.2	-0.4	-0.3	-0.1	-0.7	-0.8
Loss on extinguishment and settlement of convertible notes payable	-0.1	-3.6	2.7		0.0		0.3
Gain (loss) on change in fair value of derivative liability	0.4	0.1				0.0	0.1	0.0
Initial derivative liability expense	-1.0	-0.3	-0.2
Total Other (Expense) Income	-1.1	-6.2	1.7	-2.2	-0.2	-0.4	-0.6	0.1
Loss from continuing operations before income taxes	-2.1	-16.3	-2.4	-3.1	-1.4

Income taxes
Loss from continuing operations	-2.1	-16.3		-3.1	-1.4		-6.7	-4.6

Discontinued operations (Note 11)
(Loss) gain from discontinued operations	-3.9	0.6		0.3	0.1
Net loss	-6.0	-15.7	-2.4	-2.8	-1.3	-0.9	-6.4	-4.5

Loss per common share:
Loss from continuing operations per common share – basic and diluted	0.0	0.0			0.0
Loss from discontinued operations per common share – basic and diluted	0.0	0.0

Loss per common share – basic and diluted	($0.43)	($2.67)	($0.65)		($0.01)	($0.01)	($0.06)	($0.08)

Weighted average shares outstanding – basic and diluted	13.8	5.9	3.7	740.6	229.4	149.6	106.9	65.6