Midori Group Inc. (MDRI)

Midori Group was planning to go public, but the IPO was withdrawn on Jan 3, 2024.

IPO Price Range

$4.15 - $6.15

Shares Offered

3,726,709

Deal Size

$19.19M

Midori Group Income Statement

Financials in millions CAD. Fiscal year is October - September.

Millions CAD. Fiscal year is Oct - Sep.

Year Ending	TTM	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	0.49	0.49	0.35
Revenue Growth (YoY)	-	40.28%	-
Cost of Revenue	0.22	0.22	0.12
Gross Profit	0.27	0.27	0.23
Selling, General & Admin	2.37	2.37	0.2
Research & Development	0.02	0.02	-
Operating Expenses	2.39	2.39	0.2
Operating Income	-2.12	-2.12	0.04
Interest Expense / Income	-0	-0	-
Other Expense / Income	10.79	10.79	-0.01
Pretax Income	-12.91	-12.91	0.04
Income Tax	-0.01	-0.01	0.01
Net Income	-12.9	-12.9	0.04
Free Cash Flow	-2.24	-2.24	0.04
Gross Margin	55.64%	55.64%	66.29%
Operating Margin	-429.30%	-429.30%	10.19%
Profit Margin	-2616.47%	-2616.47%	10.64%
Free Cash Flow Margin	-454.57%	-454.57%	10.47%
Effective Tax Rate	-	-	12.75%
EBITDA	-	-12.91	0.04
EBITDA Margin	-	-2617.74%	12.19%
Depreciation & Amortization	0	0	-
EBIT	-	-12.91	0.04
EBIT Margin	-	-2618.03%	12.19%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).