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Pineapple Financial Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsAug-31-22Aug-31-21
   S-1/AS-1/A
Revenues  3.63.0
            Revenue growth  20.7% 
Cost of goods sold  2.41.2
Gross profit  1.21.7
            Gross margin  34.5%58.3%
Selling, general and administrative  3.01.4
Other operating expenses  0.20.1
EBIT   [+]-1.90.3
            EBIT margin  -53.9%8.7%
Other income (expense), net  -1.1-0.6
Pre-tax income  -3.0-0.4
Income taxes  0.00.0
            Tax rate  0.0%0.0%
Net income  -3.0-0.4
            Net margin  -83.7%-13.0%
   
   
   
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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