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UPEXI, INC. (GRVI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJun-30-23Jun-30-22Jun-30-21Jun-30-20Jun-30-19
   10-K10-K10-K10-KS-1/A
Revenues:  
    Product     6.2 
    Trade Show     1.3 
Total revenues  80.723.124.17.42.2
            Revenue growth  249.8%-4.3%225.0%235.7% 
Cost of goods sold  47.18.212.24.81.2
Gross profit  33.614.911.92.61.0
            Gross margin  41.6%64.5%49.4%34.7%46.9%
Selling, general and administrative   [+]32.316.58.97.41.6
Other operating expenses  7.43.30.3-0.1 
EBITDA   [+]-6.1-3.82.7-4.2 
            EBITDA margin  -7.6%-16.3%11.2%-56.2%-26.7%
Depreciation and amortization  0.91.80.30.6 
EBITA  -7.1-5.52.4-4.8-0.6
            EBITA margin  -8.8%-23.9%10.0%-64.5%-26.7%
Amortization of intangibles  4.21.00.7  
EBIT   [+]-11.3-6.51.7-4.8-0.6
            EBIT margin  -14.0%-28.1%6.9%-64.5%-26.7%
Non-recurring items   [+]-3.70.00.20.1 
Interest expense, net   [+]4.80.20.1-0.10.0
Other income (expense), net   [+]-6.20.30.3-0.70.0
Pre-tax income  -18.5-6.41.7-5.4-0.6
Income taxes  3.00.5-1.30.00.0
            Tax rate     0.0%0.0%
Minority interest  0.6-0.1 0.0 
Earnings from continuing ops  -15.8-0.92.9-5.4-0.6
Earnings from discontinued ops  -1.7-1.2   
Net income  -17.5-2.02.9-5.4-0.6
            Net margin  -21.7%-8.9%12.2%-72.6%-26.6%
   
Basic EPS   [+]($0.88)($0.05)$0.25($0.53)($0.08)
Diluted EPS   [+]($0.88)($0.05)$0.21($0.53)($0.08)
   
Shares outstanding (basic)   [+]17.916.211.910.17.0
Shares outstanding (diluted)   [+]17.916.214.310.17.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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