CLS Holdings USA Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '25 Feb 28, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021	May '20 May 31, 2020
Revenue	17.54	19.96	23.13	22.66	19.29	11.92
Revenue Growth (YoY)	-15.72%	-13.71%	2.08%	17.47%	61.88%	40.89%
Cost of Revenue	10.23	11.44	12.56	11.43	9.64	5.96
Gross Profit	7.31	8.52	10.57	11.23	9.65	5.96
Selling, General & Admin	8.11	9.57	10.4	10.84	10.12	8.33
Other Operating Expenses	0.63	0.74	0.92	0.81	-	-
Operating Expenses	8.83	10.52	11.83	12.11	10.8	8.78
Operating Income	-1.52	-2	-1.26	-0.88	-1.15	-2.82
Interest Expense	-1.35	-1.9	-2.67	-2.15	-3.81	-3.25
Interest & Investment Income	-	-	-	-	0.15	0.31
Earnings From Equity Investments	-	-	-0.18	-0.11	-	-
Other Non Operating Income (Expenses)	-	-	-0.05	-	-	-
EBT Excluding Unusual Items	-2.87	-3.89	-4.15	-3.14	-4.81	-5.76
Impairment of Goodwill	-	-	-	-	-	-25.19
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.02
Asset Writedown	-	-	-2.46	-	-	-
Legal Settlements	-	-	0.15	-	-	-
Other Unusual Items	5.54	1.56	-6.16	2.74	-8.59	0.3
Pretax Income	2.66	-2.34	-12.62	-0.4	-13.4	-30.66
Income Tax Expense	2.2	2.15	2.22	2.04	2.49	-
Earnings From Continuing Operations	0.46	-4.49	-14.84	-2.44	-15.89	-30.66
Minority Interest in Earnings	-	-0	1.04	0.1	-	-
Net Income	0.46	-4.49	-13.8	-2.34	-15.89	-30.66
Net Income to Common	0.46	-4.49	-13.8	-2.34	-15.89	-30.66
Shares Outstanding (Basic)	147	99	61	32	32	32
Shares Outstanding (Diluted)	147	99	61	32	32	32
Shares Change (YoY)	75.05%	62.99%	89.36%	1.16%	0.22%	22.86%
EPS (Basic)	0.00	-0.05	-0.23	-0.07	-0.50	-0.97
EPS (Diluted)	-0.00	-0.05	-0.23	-0.07	-0.52	-0.97
Free Cash Flow	0.42	0.66	-0.38	-4.32	-2.8	-5.09
Free Cash Flow Per Share	0.00	0.01	-0.01	-0.14	-0.09	-0.16
Gross Margin	41.67%	42.68%	45.71%	49.55%	50.01%	50.00%
Operating Margin	-8.66%	-10.00%	-5.43%	-3.87%	-5.98%	-23.65%
Profit Margin	2.62%	-22.48%	-59.65%	-10.34%	-82.37%	-257.25%
Free Cash Flow Margin	2.42%	3.31%	-1.65%	-19.08%	-14.54%	-42.68%
EBITDA	-0.81	-1.17	-0.3	-0.12	-0.47	-2.37
EBITDA Margin	-4.64%	-5.84%	-1.31%	-0.55%	-2.43%	-19.88%
D&A For EBITDA	0.71	0.83	0.95	0.75	0.69	0.45
EBIT	-1.52	-2	-1.26	-0.88	-1.15	-2.82
EBIT Margin	-8.66%	-10.00%	-5.43%	-3.87%	-5.98%	-23.65%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.