ShiftCarbon Income Statement

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

Millions USD. 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	4.63	12.95	3.56	-	-	-
Revenue Growth (YoY)	-63.27%	263.84%	-	-	-	-
Cost of Revenue	0.35	7.45	2.02	-	-	-
Gross Profit	4.29	5.51	1.54	-	-	-
Selling, General & Admin	7.4	6.99	3.25	0.65	0.7	0.31
Research & Development	1.22	1.85	1.17	-	-	-
Amortization of Goodwill & Intangibles	0.28	0.25	0.15	-	-	-
Operating Expenses	7.86	9.5	6.22	0.66	0.88	0.31
Operating Income	-3.57	-4	-4.68	-0.66	-0.88	-0.31
Interest Expense	-1.01	-0.66	-0.21	-0	-0.08	-0.03
Currency Exchange Gain (Loss)	0.05	-0.09	-0.01	-	0.2	-0
Other Non Operating Income (Expenses)	1.09	0.16	-0.06	-0.03	-0.05	-0.03
EBT Excluding Unusual Items	-3.44	-4.59	-4.96	-0.69	-0.82	-0.36
Impairment of Goodwill	-3.65	-3.65	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.01
Gain (Loss) on Sale of Assets	-	-	-	-	-0.22	-
Asset Writedown	-0.75	-0.75	-	-	-	-
Other Unusual Items	-	-	-2.78	0.03	-0.39	0.03
Pretax Income	-7.84	-8.99	-7.74	-0.66	-1.43	-0.35
Earnings From Continuing Operations	-7.85	-8.99	-7.74	-0.66	-1.43	-0.35
Net Income to Company	-7.85	-8.99	-7.74	-0.66	-1.43	-0.35
Minority Interest in Earnings	-2.77	-	-	-	-	-
Net Income	-10.62	-8.99	-7.74	-0.66	-1.43	-0.35
Net Income to Common	-10.62	-8.99	-7.74	-0.66	-1.43	-0.35
Shares Outstanding (Basic)	48	43	30	21	9	7
Shares Outstanding (Diluted)	48	43	30	21	9	7
Shares Change (YoY)	14.53%	42.63%	40.15%	139.38%	37.28%	0.29%
EPS (Basic)	-0.22	-0.21	-0.26	-0.03	-0.16	-0.05
EPS (Diluted)	-0.22	-0.21	-0.26	-0.03	-0.16	-0.05
Free Cash Flow	-0.16	0.52	-4.57	-0.78	-0.68	-0.2
Free Cash Flow Per Share	-0.00	0.01	-0.15	-0.04	-0.08	-0.03
Gross Margin	92.54%	42.50%	43.22%	-	-	-
Operating Margin	-77.09%	-30.87%	-131.45%	-	-	-
Profit Margin	-229.30%	-69.41%	-217.40%	-	-	-
Free Cash Flow Margin	-3.39%	3.98%	-128.34%	-	-	-
EBITDA	-3.62	-3.99	-4.53	-	-	-
EBITDA Margin	-78.07%	-30.81%	-127.28%	-	-	-
D&A For EBITDA	-0.05	0.01	0.15	-	-	-
EBIT	-3.57	-4	-4.68	-0.66	-0.88	-0.31
EBIT Margin	-77.09%	-30.87%	-131.45%	-	-	-
Revenue as Reported	4.63	12.95	3.56	-	-	-

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