Model N Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023
Period Ending	May '25 May 31, 2025	Mar '25 Mar 31, 2025	May '24 May 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Revenue	2.04	2.04	1.3	1.3	1.63
Revenue Growth (YoY)	-	57.03%	-	-20.07%	-
Gross Profit	2.04	2.04	1.3	1.3	1.63
Selling, General & Admin	10.34	9.5	9.36	8.81	8.01
Other Operating Expenses	-3.5	0.64	-3.75	0.37	-0.01
Operating Expenses	6.84	10.27	5.61	9.28	8
Operating Income	-4.8	-8.23	-4.31	-7.98	-6.38
Interest Expense	-0.41	-0.41	-0.55	-0.55	-0.22
Interest & Investment Income	-	0	-	0	0
Other Non Operating Income (Expenses)	-	-0.72	-	-0.45	-0.89
EBT Excluding Unusual Items	-5.21	-9.35	-4.86	-8.98	-7.48
Gain (Loss) on Sale of Investments	-	4.12	-	4.1	-1.84
Other Unusual Items	-	0.02	-	0.02	0.07
Pretax Income	-5.21	-5.21	-4.86	-4.86	-9.26
Income Tax Expense	-	-	0.01	0.01	-
Net Income	-5.21	-5.21	-4.87	-4.87	-9.26
Net Income to Common	-5.21	-5.21	-4.87	-4.87	-9.26
Shares Outstanding (Basic)	16	16	10	10	9
Shares Outstanding (Diluted)	16	18	10	12	9
Shares Change (YoY)	-9.87%	83.49%	-20.23%	26.09%	-
EPS (Basic)	-0.33	-0.33	-0.51	-0.51	-0.97
EPS (Diluted)	-0.33	-0.53	-0.51	-0.75	-0.97
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-235.36%	-403.10%	-331.64%	-613.75%	-392.31%
Profit Margin	-255.46%	-255.46%	-374.85%	-374.85%	-569.43%
EBITDA	-	-8.22	-4.31	-7.97	-6.38
D&A For EBITDA	-	0	0	0	0
EBIT	-4.8	-8.23	-4.31	-7.98	-6.38
EBIT Margin	-235.36%	-	-	-	-

Updated Jan 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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