Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 12.7M | 13.6M | 13.8M | 13.0M |
| Operating Revenue | 12.7M | 13.6M | 13.8M | 13.0M |
| Cost Of Revenue | 14.3M | 15.4M | 13.9M | 9.9M |
| Gross Profit | -1.6M | -1.8M | -44,190 | 3.2M |
| Selling General And Administration | 1.1M | 756,297 | 636,528 | 580,463 |
| General And Administrative Expense | 1.1M | 756,297 | 636,528 | 580,463 |
| Other Operating Expenses | 128,911 | 142,944 | 84,543 | 66,489 |
| Operating Expense | 1.2M | 899,241 | 721,071 | 646,952 |
| Operating Income | -2.8M | -2.7M | -765,261 | 2.5M |
| EBIT | -4.2M | -5.0M | -1.7M | 3.5M |
| Interest Expense | 960,931 | 948,685 | 958,891 | 1.1M |
| Interest Expense Non Operating | 960,931 | 948,685 | 958,891 | 1.1M |
| Net Interest Income | -960,931 | -948,685 | -958,891 | -1.1M |
| Other Income Expense | -1.4M | -2.3M | -910,614 | 995,591 |
| Other Non Operating Income Expenses | -- | -- | -- | 233,040 |
| Special Income Charges | -648,030 | -267,700 | -260,792 | -414,697 |
| Gain On Sale Of Security | -768,320 | -2.0M | -649,822 | 1.2M |
| Pretax Income | -5.1M | -5.9M | -2.6M | 2.4M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 202,076 |
| Net Income From Continuing And Discontinued Operation | -5.1M | -5.9M | -2.6M | 2.4M |
| Net Income From Continuing Operation Net Minority Interest | -5.1M | -5.9M | -2.6M | 2.4M |
| Net Income Including Noncontrolling Interests | -5.1M | -5.9M | -2.6M | 2.4M |
| Net Income Common Stockholders | -5.1M | -5.9M | -2.6M | 2.4M |
| Net Income | -5.1M | -5.9M | -2.6M | 2.4M |
| EBITDA | -3.7M | -4.4M | -1.1M | 3.8M |
| Normalized EBITDA | -2.2M | -2.1M | -211,210 | 3.1M |
| Reconciled Depreciation | 520,431 | 598,795 | 554,051 | 325,287 |
| Basic EPS | -0.11 | -0.13 | -0.06 | 0.09 |
| Diluted EPS | -0.11 | -0.13 | -0.06 | 0.09 |
| Basic Average Shares | 47.1M | 47.1M | 40.6M | 28.2M |
| Diluted Average Shares | 47.1M | 47.1M | 40.6M | 28.2M |
| Total Unusual Items | -1.4M | -2.3M | -910,614 | 762,551 |
| Total Unusual Items Excluding Goodwill | -1.4M | -2.3M | -910,614 | 762,551 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.27 |
| Normalized Income | -3.7M | -3.6M | -1.7M | 1.9M |
| Diluted NI Availto Com Stockholders | -5.1M | -5.9M | -2.6M | 2.4M |
| Impairment Of Capital Assets | 648,030 | 267,700 | 260,792 | 414,697 |
| Net Income Continuous Operations | -5.1M | -5.9M | -2.6M | 2.4M |
| Net Non Operating Interest Income Expense | -960,931 | -948,685 | -958,891 | -1.1M |
| Other Gand A | 1.1M | 756,297 | 636,528 | 514,913 |
| Reconciled Cost Of Revenue | 14.3M | 15.4M | 13.9M | 9.9M |
| Salaries And Wages | -- | -- | 0.00 | 65,550 |
| Total Expenses | 15.5M | 16.3M | 14.6M | 10.5M |
| Total Operating Income As Reported | -1.7M | -1.9M | -128,733 | 3.1M |
| Line Item | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 119,951 | 181,520 | 347,045 | 668,534 |
| Cash Cash Equivalents And Short Term Investments | 119,951 | 181,520 | 347,045 | 668,534 |
| Cash Financial | 119,951 | 181,520 | 347,045 | 668,534 |
| Accounts Receivable | 1.8M | 1.8M | 1.3M | 1.4M |
| Receivables | 3.0M | 2.8M | 2.1M | 1.8M |
| Inventory | 788,199 | 1.1M | 1.3M | 928,483 |
| Prepaid Assets | 304,578 | 85,038 | 60,723 | 141,997 |
| Current Assets | 4.2M | 4.1M | 3.8M | 3.6M |
| Gross PPE | 48.9M | 48.8M | 48.6M | 47.7M |
| Accumulated Depreciation | -47.5M | -46.9M | -46.3M | -45.8M |
| Net PPE | 1.4M | 1.9M | 2.3M | 1.9M |
| Total Non Current Assets | 1.4M | 1.9M | 2.3M | 1.9M |
| Total Assets | 5.6M | 6.0M | 6.1M | 5.5M |
| Current Debt | 589,845 | 292,111 | 3.9M | 4.4M |
| Current Debt And Capital Lease Obligation | 674,399 | 465,337 | 4.0M | 4.5M |
| Accounts Payable | 17.3M | 13.5M | 9.1M | 7.3M |
| Payables | 17.6M | 13.8M | 10.4M | 8.7M |
| Payables And Accrued Expenses | 17.6M | 13.8M | 19.3M | 16.5M |
| Current Accrued Expenses | -- | -- | 8.9M | 7.8M |
| Current Liabilities | 18.3M | 14.3M | 27.3M | 25.1M |
| Long Term Debt | 18.7M | 17.8M | -- | -- |
| Long Term Debt And Capital Lease Obligation | 19.0M | 18.2M | 350,246 | 281,523 |
| Long Term Capital Lease Obligation | 332,514 | 404,292 | 350,246 | 281,523 |
| Total Non Current Liabilities Net Minority Interest | 21.5M | 20.7M | 1.8M | 1.5M |
| Total Liabilities Net Minority Interest | 39.8M | 35.0M | 29.2M | 26.6M |
| Common Stock | 47.2M | 47.2M | 47.2M | 46.5M |
| Capital Stock | 47.2M | 47.2M | 47.2M | 46.5M |
| Additional Paid In Capital | 243,299 | 243,299 | 243,299 | 243,299 |
| Retained Earnings | -88.8M | -83.7M | -77.8M | -75.1M |
| Common Stock Equity | -34.1M | -29.0M | -23.1M | -21.2M |
| Stockholders Equity | -34.1M | -29.0M | -23.1M | -21.2M |
| Total Equity Gross Minority Interest | -34.1M | -29.0M | -23.1M | -21.2M |
| Total Capitalization | -15.4M | -11.2M | -23.1M | -21.2M |
| Net Tangible Assets | -34.1M | -29.0M | -23.1M | -21.2M |
| Tangible Book Value | -34.1M | -29.0M | -23.1M | -21.2M |
| Working Capital | -14.0M | -10.2M | -23.5M | -21.5M |
| Invested Capital | -14.9M | -10.9M | -19.2M | -16.8M |
| Total Debt | 19.7M | 18.7M | 4.3M | 4.7M |
| Net Debt | 19.1M | 17.9M | 3.5M | 3.7M |
| Share Issued | 47.1M | 47.1M | 47.1M | 37.4M |
| Ordinary Shares Number | 47.1M | 47.1M | 47.1M | 37.4M |
| Buildings And Improvements | 3.7M | 3.7M | 3.6M | 3.6M |
| Capital Lease Obligations | 417,068 | 577,518 | 474,663 | 340,725 |
| Current Capital Lease Obligation | 84,554 | 173,226 | 124,417 | 59,202 |
| Current Deferred Liabilities | -- | 58,823 | 4.0M | 4.1M |
| Current Notes Payable | -- | -- | 225,000 | 775,000 |
| Dueto Related Parties Current | 310,708 | 317,954 | 1.4M | 1.4M |
| Dueto Related Parties Non Current | 1.1M | 1.1M | 0.00 | -- |
| Interest Payable | -- | -- | 8.9M | 7.8M |
| Land And Improvements | 3.0M | 2.9M | 2.8M | 2.8M |
| Long Term Provisions | 1.4M | 1.4M | 1.5M | 1.3M |
| Non Current Deferred Liabilities | -- | 9.1M | -- | -- |
| Other Current Borrowings | 589,845 | 292,111 | 3.6M | 3.6M |
| Other Equity Interest | 7.3M | 7.3M | 7.3M | 7.3M |
| Other Properties | -- | -- | -- | 242,983 |
| Other Receivables | 95,842 | 41,903 | 42,170 | 49,977 |
| Raw Materials | 393,657 | 533,751 | 612,515 | 438,847 |
| Taxes Receivable | 1.1M | 930,995 | 696,488 | 357,422 |
| Tradeand Other Payables Non Current | 0.00 | 0.00 | 0.00 | -- |
| Work In Process | 394,542 | 555,734 | 726,462 | 489,636 |
| Line Item | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 578,883 | 378,462 | 596,252 | 1.5M |
| Cash Flow From Continuing Operating Activities | 578,883 | 378,462 | 596,252 | 1.5M |
| Depreciation And Amortization | 520,431 | 598,795 | 554,051 | -- |
| Depreciation Amortization Depletion | 520,431 | 598,795 | 554,051 | 325,287 |
| Stock Based Compensation | -- | -- | 0.00 | 65,550 |
| Change In Working Capital | 3.6M | 4.0M | 1.2M | -1.4M |
| Changes In Account Receivables | -16,571 | -473,855 | 87,391 | -686,824 |
| Change In Receivables | -215,312 | -708,362 | -251,675 | -896,123 |
| Change In Inventory | 301,286 | 249,492 | -410,494 | -562,579 |
| Change In Payables And Accrued Expense | 3.8M | 4.5M | 1.7M | 13,220 |
| Change In Payable | 3.8M | 4.5M | 1.7M | 13,220 |
| Other Non Cash Items | 1.1M | 1.1M | 1.0M | 888,551 |
| Capital Expenditure | -4,031 | -57,172 | -636,146 | -1.1M |
| Purchase Of PPE | -4,031 | -57,172 | -636,146 | -1.1M |
| Net PPE Purchase And Sale | -4,031 | -57,172 | -636,146 | -1.1M |
| Investing Cash Flow | -652,061 | -324,872 | -636,146 | -1.1M |
| Cash Flow From Continuing Investing Activities | -652,061 | -324,872 | -636,146 | -1.1M |
| Repayment Of Debt | -320,397 | -149,800 | -229,423 | -146,712 |
| Net Issuance Payments Of Debt | -320,397 | -149,800 | -229,423 | -146,712 |
| Issuance Of Capital Stock | -- | -- | 0.00 | 125,000 |
| Net Common Stock Issuance | -- | -- | 0.00 | 125,000 |
| Financing Cash Flow | 11,609 | -219,115 | -281,595 | -98,993 |
| Cash Flow From Continuing Financing Activities | 11,609 | -219,115 | -281,595 | -98,993 |
| Changes In Cash | -61,569 | -165,525 | -321,489 | 345,658 |
| Beginning Cash Position | 181,520 | 347,045 | 668,534 | 322,876 |
| End Cash Position | 119,951 | 181,520 | 347,045 | 668,534 |
| Free Cash Flow | 574,852 | 321,290 | -39,894 | 444,651 |
| Amortization Of Securities | -- | -- | -- | 23,553 |
| Asset Impairment Charge | 648,030 | 267,700 | 0.00 | -- |
| Change In Account Payable | 3.8M | 4.4M | 1.8M | 55,574 |
| Change In Prepaid Assets | -219,540 | -24,315 | 81,274 | 30,576 |
| Common Stock Issuance | -- | -- | 0.00 | 125,000 |
| Depreciation | 520,431 | 598,795 | 554,051 | -- |
| Long Term Debt Payments | -320,397 | -149,800 | -229,423 | -146,712 |
| Net Foreign Currency Exchange Gain Loss | -181,481 | 342,763 | 473,236 | -785,963 |
| Net Income From Continuing Operations | -5.1M | -5.9M | -2.6M | 2.4M |
| Net Long Term Debt Issuance | -320,397 | -149,800 | -229,423 | -146,712 |
| Net Other Financing Charges | 332,006 | -69,315 | -52,172 | -77,281 |
| Net Other Investing Changes | -648,030 | -267,700 | -- | -- |
| Net Short Term Debt Issuance | -- | -- | -39,546 | 0.00 |
| Operating Gains Losses | -181,481 | 342,763 | 473,236 | -785,963 |
| Short Term Debt Payments | -- | -- | -39,546 | 0.00 |