MustGrow Biologics Corp. (MGROF)

MustGrow Biologics Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	0.4	4.71	0.01	0.01	-
Revenue Growth (YoY)	-91.55%	72630.36%	-49.65%	-	-
Cost of Revenue	0.32	0.38	0.3	0.2	0.19
Gross Profit	0.08	4.33	-0.29	-0.19	-0.19
Selling, General & Admin	2.35	2.31	2.79	1.81	2.09
Research & Development	0.77	0.86	0.48	0.46	0.15
Operating Expenses	4.59	4.54	4.96	2.54	3.01
Operating Income	-4.51	-0.21	-5.25	-2.73	-3.2
Interest Expense	-	-	-0.01	-0.05	-0.05
Interest & Investment Income	0.2	0.21	0.1	0	-
Currency Exchange Gain (Loss)	0.02	-0.08	0.03	-0	-
Other Non Operating Income (Expenses)	-0.6	-0.59	-0.43	-0.28	-0.17
EBT Excluding Unusual Items	-4.89	-0.68	-5.57	-3.06	-3.42
Other Unusual Items	-	-	-	-	0.11
Pretax Income	-4.89	-0.68	-5.57	-3.06	-3.31
Net Income	-4.89	-0.68	-5.57	-3.06	-3.31
Net Income to Common	-4.89	-0.68	-5.57	-3.06	-3.31
Shares Outstanding (Basic)	52	50	49	44	37
Shares Outstanding (Diluted)	52	50	49	44	37
Shares Change (YoY)	3.41%	1.80%	12.06%	17.22%	47.52%
EPS (Basic)	-0.09	-0.01	-0.11	-0.07	-0.09
EPS (Diluted)	-0.09	-0.01	-0.11	-0.07	-0.09
Gross Margin	20.22%	91.84%	-	-	-
Operating Margin	-1133.77%	-4.48%	-81067.00%	-21207.43%	-
Profit Margin	-1228.27%	-14.37%	-85905.86%	-23808.18%	-
EBIT	-4.51	-0.21	-5.25	-2.73	-3.2
EBIT Margin	-	-4.48%	-	-	-
Revenue as Reported	-	-	0.01	-	-

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