Financial Summary (All financials)
In millions, except per share items | May-31-23 | May-31-22 | May-31-21 | May-31-20 |
Revenues | 55.4 | 8.5 | 0.0 | 0.0 |
Revenue growth | 547.9% | | | |
Cost of goods sold | 44.4 | 9.5 | 0.0 | 0.0 |
Gross profit | 11.0 | -1.0 | 0.0 | 0.0 |
Gross margin | 19.9% | -11.2% | | |
Selling, general and administrative | 55.1 | 19.9 | 0.3 | 0.0 |
EBIT | -44.1 | -20.9 | -0.3 | -0.5 |
EBIT margin | -79.5% | -244.4% | | |
Pre-tax income | -46.1 | -21.9 | -0.6 | -0.3 |
Income taxes | -0.5 | 0.5 | 0.0 | 0.0 |
Tax rate | 1.1% | | 0.0% | 0.0% |
Earnings from continuing ops | -44.6 | -22.5 | -0.6 | -0.3 |
Earnings from discontinued ops | | -1.0 | | |
Net income | -44.6 | -23.5 | -0.6 | -0.3 |
Net margin | -80.6% | -275.1% | | |
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Diluted EPS | ($0.48) | ($0.39) | ($0.38) | ($0.03) |
Shares outstanding (diluted) | 94.0 | 57.1 | 1.5 | 9.1 |
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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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