musicMagpie plc (AIM:MMAG)

Instructure Holdings Income Statement

Financials in millions GBP. Fiscal year is December - November.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	May 31, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021	Nov 30, 2020	Nov 30, 2019
Revenue	128.49	136.6	145.28	145.57	153.35	127.73
Revenue Growth (YoY)	-5.47%	-5.97%	-0.20%	-5.08%	20.06%	16.58%
Cost of Revenue	93.38	98.74	107.14	101.21	108.57	98.35
Gross Profit	35.11	37.86	38.14	44.36	44.78	29.38
Selling, General & Admin	34.67	37.69	36.57	34.36	32.26	26.48
Other Operating Expenses	-	-	-	-	-0.05	-0.02
Operating Expenses	37.21	40.22	38.48	35.88	33.47	29.06
Operating Income	-2.09	-2.36	-0.34	8.48	11.31	0.32
Interest Expense	-1.96	-1.73	-0.79	-0.86	-2.09	-1.9
Other Non Operating Income (Expenses)	-0.15	-0.15	-0.15	-0.44	-0.61	-
EBT Excluding Unusual Items	-4.2	-4.24	-1.28	7.18	8.62	-1.58
Impairment of Goodwill	-1.1	-1.1	-	-	-	-
Other Unusual Items	-1.28	-1.43	-0.17	-22	-1.66	-0.41
Pretax Income	-6.59	-6.76	-1.46	-14.82	6.96	-1.99
Income Tax Expense	0.31	0.09	3.28	-2.69	-1.61	-
Earnings From Continuing Operations	-6.89	-6.85	-4.74	-12.13	8.57	-1.99
Net Income	-6.89	-6.85	-4.74	-12.13	8.57	-1.99
Net Income to Common	-6.89	-6.85	-4.74	-12.13	8.57	-1.99
Shares Outstanding (Basic)	99	99	99	96	91	-
Shares Outstanding (Diluted)	99	99	99	96	91	-
Shares Change (YoY)	0.01%	0.02%	3.04%	5.17%	-	-
EPS (Basic)	-0.07	-0.07	-0.05	-0.13	0.09	-
EPS (Diluted)	-0.07	-0.07	-0.05	-0.13	0.09	-
Free Cash Flow	6.56	1.7	-3.47	-1.77	11.54	1.81
Free Cash Flow Per Share	0.07	0.02	-0.04	-0.02	0.13	-
Gross Margin	27.33%	27.72%	26.25%	30.47%	29.20%	23.00%
Operating Margin	-1.63%	-1.73%	-0.23%	5.83%	7.38%	0.25%
Profit Margin	-5.37%	-5.02%	-3.26%	-8.33%	5.59%	-1.56%
Free Cash Flow Margin	5.10%	1.24%	-2.39%	-1.22%	7.52%	1.42%
EBITDA	2.65	2.79	2.82	9.51	11.98	2.92
EBITDA Margin	2.06%	2.04%	1.94%	6.53%	7.81%	2.28%
D&A For EBITDA	4.75	5.15	3.15	1.03	0.67	2.6
EBIT	-2.09	-2.36	-0.34	8.48	11.31	0.32
EBIT Margin	-1.63%	-1.73%	-0.23%	5.83%	7.38%	0.25%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.