Accolade Income Statement

Financials in millions USD. Fiscal year is March - February.

Millions USD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Nov '24 Nov 30, 2024	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021	Feb '20 Feb 29, 2020	2018 - 2019
Revenue	446.72	414.29	363.14	310.02	170.36	132.51	Upgrade
Revenue Growth (YoY)	14.99%	14.09%	17.14%	81.98%	28.57%	39.76%	Upgrade
Cost of Revenue	231.64	221.55	197.88	169.02	93.67	73.69	Upgrade
Gross Profit	215.08	192.75	165.26	141	76.69	58.82	Upgrade
Selling, General & Admin	166.34	162.12	175.21	185.87	63.25	55.64	Upgrade
Research & Development	92.34	99.06	99.2	83.66	49.96	42.31	Upgrade
Operating Expenses	301.07	306.34	320.79	312.14	121.41	106.46	Upgrade
Operating Income	-85.98	-113.6	-155.53	-171.14	-44.73	-47.64	Upgrade
Interest Expense	-2.5	-3.07	-3.3	-3.15	-3.72	-3.13	Upgrade
Interest & Investment Income	8.95	9.02	3.55	0.25	-	0.21	Upgrade
Other Non Operating Income (Expenses)	-0.57	0.66	-0.02	-0.13	-0.15	-0.11	Upgrade
EBT Excluding Unusual Items	-80.11	-106.98	-155.29	-174.18	-48.6	-50.67	Upgrade
Merger & Restructuring Charges	-1.96	-0.86	-8.28	-	-2.05	-0.57	Upgrade
Impairment of Goodwill	-96.46	-	-299.71	-	-	-	Upgrade
Other Unusual Items	-	9.27	-	45.42	-	-	Upgrade
Pretax Income	-178.53	-98.57	-463.27	-128.76	-50.65	-51.24	Upgrade
Income Tax Expense	1.77	1.24	-3.62	-5.64	0	0.13	Upgrade
Net Income	-180.3	-99.81	-459.65	-123.12	-50.65	-51.37	Upgrade
Net Income to Common	-180.3	-99.81	-459.65	-123.12	-50.65	-51.37	Upgrade
Shares Outstanding (Basic)	78	75	71	64	29	6	Upgrade
Shares Outstanding (Diluted)	78	75	71	64	29	6	Upgrade
Shares Change (YoY)	5.27%	5.09%	11.68%	117.30%	421.99%	21.23%	Upgrade
EPS (Basic)	-2.31	-1.33	-6.45	-1.93	-1.72	-9.13	Upgrade
EPS (Diluted)	-2.31	-1.33	-6.45	-1.93	-1.72	-9.13	Upgrade
Free Cash Flow	-8.83	-21.1	-42.81	-64.87	-27.22	-37.56	Upgrade
Free Cash Flow Per Share	-0.11	-0.28	-0.60	-1.02	-0.93	-6.68	Upgrade
Gross Margin	48.15%	46.52%	45.51%	45.48%	45.01%	44.39%	Upgrade
Operating Margin	-19.25%	-27.42%	-42.83%	-55.20%	-26.25%	-35.95%	Upgrade
Profit Margin	-40.36%	-24.09%	-126.58%	-39.72%	-29.73%	-38.76%	Upgrade
Free Cash Flow Margin	-1.98%	-5.09%	-11.79%	-20.93%	-15.98%	-28.35%	Upgrade
EBITDA	-47.62	-71.19	-110.35	-130.92	-41.08	-43.65	Upgrade
EBITDA Margin	-10.66%	-17.18%	-30.39%	-42.23%	-24.11%	-32.95%	Upgrade
D&A For EBITDA	38.36	42.4	45.18	40.22	3.65	3.98	Upgrade
EBIT	-85.98	-113.6	-155.53	-171.14	-44.73	-47.64	Upgrade
EBIT Margin	-19.25%	-27.42%	-42.83%	-55.20%	-26.25%	-35.95%	Upgrade

Updated Jan 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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