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ATIF Holdings Ltd (ATIF)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJul-31-21Jul-31-20Jul-31-19Jul-31-18Jul-31-17
   20-F20-F20-F20-F20-F
Revenues:  
    Customer two      1.1
    Other      2.5
Total revenues  2.46.30.45.33.6
            Revenue growth  -61.9%1475.0%-92.5%46.0% 
Cost of goods sold  2.50.72.40.02.7
Gross profit  -0.15.6-2.05.30.9
            Gross margin  -4.1%89.1%-501.8%100.0%25.4%
Selling, general and administrative   [+]3.45.52.32.6 
Other operating expenses  -1.06.0-5.0  
EBITDA   [+]-2.2-5.80.72.70.9
            EBITDA margin  -92.2%-91.6%180.5%51.7%25.8%
Depreciation and amortization  0.20.10.10.00.0
EBIT   [+]-2.4-5.90.72.70.9
            EBIT margin  -100.9%-93.6%167.9%51.4%25.4%
Non-recurring items   [+] 0.5   
Interest income  0.00.00.00.00.0
Other income (expense), net  0.00.10.0-0.1-0.1
Pre-tax income  -2.4-6.30.72.70.9
Income taxes  4.34.70.30.70.2
            Tax rate    39.2%26.9%25.3%
Earnings from continuing ops  5.44.50.41.90.6
Earnings from discontinued ops  -6.6-11.0   
Net income  -1.2-6.50.41.90.6
            Net margin  -50.2%-103.1%107.3%36.7%17.6%
   
Basic EPS   [+]$0.57$0.57$0.06$0.06$0.02
Diluted EPS   [+]$0.57$0.57$0.06$0.06$0.02
   
Shares outstanding (basic)   [+]9.58.07.135.035.0
Shares outstanding (diluted)   [+]9.58.07.135.035.0
   
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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