papl: the income statement

MyFinsight

For the year ending 2024-08-31, PAPL made $2,688,987 in revenue. -$4,093,442 in net income. Net profit margin of -152.23%.

Unit: Dollar

Income Statement	2024-08-31
Total revenue	2,688,987
Governement incentive	97,646
Stock-based compensation expense	33,091
Depreciation and amortization	838,843
Interest expense and bank charges	93,472
Salaries, wages and benefits	2,436,783
Advertising and marketing	860,047
Selling, general and administrative	2,382,225
Operating expenses	6,513,724
Operating income (loss)	-3,824,737
Accretionexpensesnonoperating	223,059
Gain loss on change in fair value of conversion feature liabilities	76,543
Gain (loss) on change in fair value of warrant liability	63,769
Foreign exchange gain (loss)	-38,836
Loss on extinguishment of liability	-156,339
(loss) before recovery of income taxes	-4,102,659
Net income (loss)	-4,102,659
Foreign currency translation adjustment	9,217
Comprehensive income (loss), net of tax, attributable to parent	-4,093,442

Basic eps	-0.57
Diluted eps	-0.57
Basic average shares	7,145,939
Diluted average shares	7,145,939