AmeriCann, Inc. (ACAN) [Rocket]

In millions, except per share items	Sep-30-22	Sep-30-21	Sep-30-20	Sep-30-19	Sep-30-18	Sep-30-17	Sep-30-16	Sep-30-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues [+]	2.9	2.0	0.5	0.0	2.0	0.0	0.1	0.1
Services							0.1	0.1
Lease / rental				0.0
Revenue growth	44.3%	302.9%	4254.1%	-99.4%	4973.6%	-33.3%	-57.1%	366.7%
Cost of goods sold	0.0	0.0	0.0	3.4	2.0	0.0	0.0	0.0
Gross profit	2.9	2.0	0.5	-3.4	0.0	0.0	0.1	0.1
Gross margin	98.4%	98.1%	95.5%	-29332.8%	0.0%	100.0%	100.0%	100.0%
Selling, general and administrative [+]	2.4	1.9	2.4	2.6	2.0	1.8	1.2	0.9
Sales and marketing	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0
General and administrative [+]	2.4	1.9	2.4	2.5	2.0	1.8	1.2	0.8
General and administrative expenses	2.0	1.6	2.0	1.6	1.4	1.4	0.6	0.8
Professional fees	0.3	0.3	0.4	0.9	0.6	0.4	0.6	0.6
Rent expense								0.0
Other operating expenses			-1.8	-2.6			0.0	1.1
EBITDA [+]	0.9	0.5	0.3	-3.4	-2.0	-1.8	-1.1	-1.8
EBITDA growth	88.5%	90.1%	-107.7%	68.2%	13.0%	60.0%	-38.3%	36.0%
EBITDA margin	31.9%	24.4%	51.7%	-29322.8%	-99.3%	-4458.1%	-1857.4%	-1289.5%
Depreciation and amortization	0.4	0.5	0.4	0.0	0.0	0.0	0.0	0.0
EBIT [+]	0.5	0.0	-0.2	-3.4	-2.0	-1.8	-1.1	-1.8
EBIT growth	989.8%	-123.7%	-94.5%	67.1%	12.9%	59.2%	-37.5%	36.1%
EBIT margin	16.5%	2.2%	-37.1%	-29332.8%	-100.0%	-4495.5%	-1882.4%	-1291.0%
Non-recurring items [+]						0.6
Asset impairment						0.6
Interest expense, net [+]	0.6	0.8	0.3	0.3	2.1	0.0	-0.1	-0.1
Interest expense	0.6	0.8	0.7	0.3	2.2	0.1	0.1	0.1
Interest income	0.0	0.0	0.3	0.0	0.0	0.0	0.2	0.2
Other income (expense), net [+]	-0.1	-0.1	-0.2	-1.2	-0.3	-0.3	-1.2	-0.1
Gain (loss) on debt retirement				-1.0			-1.0
Other				0.0	0.0
Pre-tax income	-0.2	-0.9	-0.7	-4.9	-4.4	-2.8	-2.2	-1.7
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	-0.2	-0.9	-0.7	-4.9	-4.4	-2.8	-2.2	-1.7
Net margin	-5.9%	-42.5%	-140.9%	-42404.6%	-218.4%	-6929.7%	-3684.6%	-1235.2%

Basic EPS [+]	($0.01)	($0.04)	($0.03)	($0.21)	($0.22)	($0.15)	($0.13)	($0.10)
Growth	-80.3%	19.8%	-85.9%	-3.4%	51.5%	12.3%	24.8%
Diluted EPS [+]	($0.01)	($0.04)	($0.03)	($0.21)	($0.22)	($0.15)	($0.13)	($0.10)
Growth	-80.3%	19.8%	-85.9%	-3.4%	51.5%	12.3%	24.8%

Shares outstanding (basic) [+]	24.3	23.9	23.5	23.0	20.1	19.0	17.0	16.6
Growth	2.0%	1.5%	2.3%	14.5%	5.6%	11.6%	2.5%	4.2%
Shares outstanding (diluted) [+]	24.3	23.9	23.5	23.0	20.1	19.0	17.0	16.6
Growth	2.0%	1.5%	2.3%	14.5%	5.6%	11.6%	2.5%	4.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.