mCloud Technologies Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Sep '22 Sep 30, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Revenue	13.78	25.6	26.93	18.34	1.79	0.84
Revenue Growth (YoY)	-55.05%	-4.94%	46.83%	922.04%	113.67%	-68.81%
Cost of Revenue	6.85	9.68	10.28	7.58	0.55	0.38
Gross Profit	6.93	15.91	16.65	10.76	1.25	0.46
Selling, General & Admin	45.95	40.69	37.05	21.13	10.46	4.44
Research & Development	2.54	3.18	1.08	0.5	0.12	0.53
Operating Expenses	58.9	54.67	46.36	27.14	12.52	5.44
Operating Income	-51.98	-38.75	-29.71	-16.38	-11.27	-4.99
Interest Expense	-6.75	-7.06	-6.03	-3.22	-0.18	-
Interest & Investment Income	-	-	-	-	0.09	-
Currency Exchange Gain (Loss)	1.87	0.27	-1.2	-0.49	0.05	-
Other Non Operating Income (Expenses)	12.35	-7.51	0.03	0.17	-	-0.63
EBT Excluding Unusual Items	-44.5	-53.05	-36.91	-19.92	-11.32	-5.61
Merger & Restructuring Charges	-1.03	-0.35	-1.81	-9.88	-0.2	-1.18
Impairment of Goodwill	-	-	-	-	-0.68	-
Asset Writedown	-2.13	-	-	-0.6	-	-
Other Unusual Items	2.65	7.04	2.9	-	-	-
Pretax Income	-45.22	-46.36	-35.82	-30.41	-12.19	-6.79
Income Tax Expense	-3.28	-1.66	-0.96	-2.51	-	-
Earnings From Continuing Operations	-41.94	-44.7	-34.86	-27.89	-12.19	-6.79
Minority Interest in Earnings	5.48	-0.06	-1.59	-0.59	-	-
Net Income	-36.46	-44.76	-36.45	-28.48	-12.19	-6.79
Net Income to Common	-36.46	-44.76	-36.45	-28.48	-12.19	-6.79
Shares Outstanding (Basic)	16	12	7	4	2	1
Shares Outstanding (Diluted)	16	12	7	4	2	1
Shares Change (YoY)	49.66%	63.61%	78.01%	78.42%	142.69%	162.15%
EPS (Basic)	-2.31	-3.76	-5.01	-6.97	-5.32	-7.20
EPS (Diluted)	-2.31	-3.76	-5.01	-6.97	-5.32	-7.20
Free Cash Flow	-34.15	-28.95	-24.98	-16.13	-11.28	-2.35
Free Cash Flow Per Share	-2.17	-2.43	-3.44	-3.95	-4.93	-2.49
Gross Margin	50.29%	62.17%	61.82%	58.65%	69.50%	54.27%
Operating Margin	-377.31%	-151.39%	-110.34%	-89.31%	-628.02%	-593.60%
Profit Margin	-264.67%	-174.88%	-135.35%	-155.31%	-679.19%	-808.37%
Free Cash Flow Margin	-247.88%	-113.12%	-92.78%	-87.93%	-628.73%	-279.94%
EBITDA	-43.66	-30.31	-23.86	-13.16	-10.99	-4.87
EBITDA Margin	-	-118.41%	-88.61%	-71.78%	-	-
D&A For EBITDA	8.31	8.44	5.85	3.22	0.28	0.11
EBIT	-51.98	-38.75	-29.71	-16.38	-11.27	-4.99
EBIT Margin	-	-151.39%	-110.34%	-89.31%	-	-

Updated Nov 15, 2022. Source: S&P Global Market Intelligence. Standard template. Financial Sources.