Financial insights of ALID

MyFinsight

For the quarter ending 2024-11-30, ALID made $27,669 in revenue. -$750,703 in net income. Net profit margin of -2713.16%.

Income Statement	2024-11-30	2024-08-31
Sales	27,669	24,045*
Cost of revenue	14,058	104,828*
Gross margin	13,611	-80,783*
Convertible note interest	94,114	94,293.25*
Operating lease cost	-	4,373.75*
Interest expense	-	117,923.25*
Travel	-	1,413*
Professional fees	112,833	69,112*
Office and miscellaneous	208,331	124,849*
Goodwill, foreign currency translation gain (loss)	-	-72,069.5*
Consulting fees (note 13)	173,808	394,287*
Amortization and depreciation	33,343	34,942.25*
Operating expenses	622,429	913,263*
Operating income (loss)	-608,818	-994,046
Foreign exchange loss	-47,929	-
Interest expense and bank charges	-123,543	-
Net losses	-780,290	-994,046*
Foreign currency translation adjustment	29,587	38,016.5*
Comprehensive loss for the period	-750,703	-956,029.5

Diluted EPS	-0.01	-0.009
Diluted Average Shares	113,437,620	105,640,700