Spot Coffee (Canada) Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Revenue	9.02	8.02	6.22	4.1	8.59	8.5
Revenue Growth (YoY)	16.35%	28.89%	51.86%	-52.30%	1.12%	-0.34%
Cost of Revenue	2.75	2.55	1.76	1.25	2.43	2.37
Gross Profit	6.28	5.47	4.47	2.85	6.16	6.13
Selling, General & Admin	6.86	6.26	4.16	4.37	5.82	6.23
Operating Expenses	7.53	6.97	4.87	5.11	6.55	6.54
Operating Income	-1.25	-1.5	-0.4	-2.26	-0.39	-0.41
Interest Expense	-0.43	-0.44	-0.23	-0.6	-0.4	-0.18
Currency Exchange Gain (Loss)	0.17	0.05	-0.19	-0.11	-	-0.01
Other Non Operating Income (Expenses)	0.01	0.01	0.99	-0	-1.75	-
EBT Excluding Unusual Items	-1.5	-1.88	0.16	-2.98	-2.53	-0.6
Merger & Restructuring Charges	-0.23	-0.23	-	-	-	-
Impairment of Goodwill	-	-	-0.36	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.33
Asset Writedown	-	-	-0.64	-	-	-
Legal Settlements	1.32	1.32	-	-	-	-
Other Unusual Items	-0.01	0	1.9	0.26	-	-
Pretax Income	-0.42	-0.78	1.06	-2.72	-2.53	-0.27
Earnings From Continuing Operations	-0.42	-0.78	1.06	-2.72	-2.53	-0.27
Net Income to Company	-0.42	-0.78	1.06	-2.72	-2.53	-0.27
Minority Interest in Earnings	-0.13	-0.03	-0.57	0.29	0.02	0.02
Net Income	-0.54	-0.81	0.49	-2.43	-2.51	-0.26
Net Income to Common	-0.54	-0.81	0.49	-2.43	-2.51	-0.26
Shares Outstanding (Basic)	162	160	147	135	130	127
Shares Outstanding (Diluted)	162	160	147	135	130	127
Shares Change (YoY)	2.28%	8.65%	8.46%	4.43%	2.03%	6.06%
EPS (Basic)	-0.00	-0.01	0.00	-0.02	-0.02	-0.00
EPS (Diluted)	-0.00	-0.01	0.00	-0.02	-0.02	-0.00
Free Cash Flow	0.85	0.72	0.09	-1.58	0.59	-0.81
Free Cash Flow Per Share	0.01	0.01	0.00	-0.01	0.01	-0.01
Gross Margin	69.57%	68.15%	71.80%	69.57%	71.71%	72.14%
Operating Margin	-13.89%	-18.75%	-6.46%	-55.12%	-4.51%	-4.83%
Profit Margin	-6.02%	-10.08%	7.90%	-59.37%	-29.26%	-3.01%
Free Cash Flow Margin	9.46%	9.03%	1.44%	-38.45%	6.84%	-9.55%
EBITDA	-1.13	-1.34	-0.24	-2.07	-0.17	-0.1
EBITDA Margin	-12.47%	-16.70%	-3.92%	-50.54%	-2.00%	-1.13%
D&A For EBITDA	0.13	0.16	0.16	0.19	0.22	0.31
EBIT	-1.25	-1.5	-0.4	-2.26	-0.39	-0.41
EBIT Margin	-13.89%	-18.75%	-6.46%	-55.12%	-4.51%	-4.83%

Updated Nov 29, 2023. Source: S&P Global Market Intelligence. Standard template. Financial Sources.