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
Revenues:
United Arab Emirates			9.3	3.7
Bahrain			1.2	0.8
Oman			1.1	0.6
Other			1.9	0.7
Total revenues [+]	0.5	0.9	13.6	5.8	2.9	0.9	1.2	1.1
Net interest income							-0.8
Revenue growth [+]	-43.9%	-93.6%	134.6%	100.9%	232.5%	-29.4%	12.9%	-4.8%
United Arab Emirates			153.0%
Bahrain			45.2%
Oman			97.6%
Cost of goods sold	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%	76.1%	61.5%	62.0%
Selling, general and administrative [+]	1.3	10.3	6.2	1.7	1.6	0.5	1.8	2.2
Sales and marketing	0.0	0.1	0.1		0.0	0.0	0.3	0.3
General and administrative [+]	1.3	10.2	6.1	1.7	1.6	0.5	1.6	1.9
Wages and related expenses	0.3	9.1	3.9	0.8
General and administrative expenses	0.7	0.6	1.5	0.6	0.2	0.5	1.6	1.9
Professional fees	0.4	0.6	0.6	0.3	0.5
Other operating expenses			0.2			0.6	1.3	1.2
EBITDA [+]	-1.0	-10.1	-4.3		-1.2	-0.4	-2.4	-2.6
EBITDA growth	-89.8%	137.2%	367.2%	-24.7%	170.3%	-81.0%	-10.9%	13.4%
EBITDA margin	-209.6%	-1159.3%	-31.3%	-15.7%	-41.9%	-51.5%	-191.0%	-241.9%
Depreciation	0.0	0.0	0.0		0.0	0.0	0.0	0.1
EBITA	-1.1	-10.1	-4.3	-0.9	-1.2	-0.5	-2.4	-2.8
EBITA margin	-218.6%	-1160.5%	-31.3%	-15.7%	-42.2%	-54.3%	-193.3%	-252.8%
Amortization of intangibles			0.1				1.9	1.7
EBIT [+]	-1.1	-10.1	-4.3	-0.9	-1.2	-0.5	-4.3	-4.4
EBIT growth	-89.4%	133.7%	374.7%	-25.3%	158.5%	-89.0%	-3.6%	19.5%
EBIT margin	-218.6%	-1160.5%	-31.8%	-15.7%	-42.2%	-54.3%	-346.8%	-406.1%
Non-recurring items [+]			-0.2				1.8	0.1
Asset impairment							1.8	0.1
Legal settlement			-0.2
Interest expense	0.3	1.2	0.4	0.3	0.1	0.7	0.8	0.0
Interest expense	0.3	1.2	0.4	0.3	0.1	0.7	0.8	0.0
Other income (expense), net [+]	-0.8	-5.1	2.1	-1.9	0.0	0.2	0.2	0.0
Amortization of debt discount premium			-0.8
Gain (loss) on debt retirement	-0.1	-3.6	2.7		0.0		0.3
Gain (loss) on derivative instruments	0.4	0.1				0.0	0.1	0.0
Unrealized gain/loss on derivatives							-0.3	-0.2
Gain (loss) on foreign currency transactions						0.0	0.0	0.0
Other non-ooperating expenses							0.0
Other			-0.8				0.0	0.2
Pre-tax income	-2.1	-16.3	-2.4	-3.1	-1.4	-0.9	-6.7	-4.6
Income taxes	0.0	0.0	0.0	-0.3	-0.1	0.0	-0.3	0.0
Tax rate	0.0%	0.0%	0.0%	8.4%	7.9%	0.0%	5.0%	0.0%
Minority interest							-0.3	-4.5
Earnings from continuing ops	1.7	-17.0	-2.4	-3.3	-1.5	-0.9	-6.6	-4.9
Earnings from discontinued ops	-3.9	0.6		0.3	0.1
Net income	-2.1	-16.3	-2.4	-3.1	-1.4	-0.9	-6.6	-4.9
Net margin	-437.3%	-1874.7%	-17.6%	-53.1%	-48.0%	-104.4%	-535.6%	-445.6%

Basic EPS [+]	$0.12	($2.89)	($0.65)	$0.00	($0.01)	($0.01)	($0.06)	($0.07)
Growth	-104.3%	348.4%	14192.1%	-30.8%	7.7%	-90.2%	-16.8%	-71.9%
Diluted EPS [+]	$0.12	($2.89)	($0.65)	$0.00	($0.01)	($0.01)	($0.06)	($0.07)
Growth	-104.3%	348.4%	14192.1%	-30.8%	7.7%	-90.2%	-16.8%	-71.9%

Shares outstanding (basic) [+]	13.8	5.9	3.7	740.6	229.4	149.6	106.9	65.6
Growth	136.0%	58.3%	-99.5%	222.9%	53.3%	39.9%	62.9%	303.7%
Shares outstanding (diluted) [+]	13.8	5.9	3.7	740.6	229.4	149.6	106.9	65.6
Growth	136.0%	58.3%	-99.5%	222.9%	53.3%	39.9%	62.9%	303.7%

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