dragonwave inc (DWI:Toronto)

Financial Statements for dragonwave inc (DWI)

Currency in Millions of US Dollars	As of:	Feb 28 2010	Feb 28 2011 Restated	Feb 29 2012 Restated	Feb 28 2013	4 Year Trend
Revenues		158.0	118.0	45.7	123.9
TOTAL REVENUES		158.0	118.0	45.7	123.9
Cost of Goods Sold		91.6	67.5	29.3	104.4
GROSS PROFIT		66.4	50.6	16.4	19.5
Selling General & Admin Expenses, Total		21.3	29.1	33.0	42.7
R&D Expenses		14.6	19.1	22.9	34.0
Depreciation & Amortization, Total		0.2	0.9	2.0	3.7
Other Operating Expenses		--	-0.4	-0.9	--
OTHER OPERATING EXPENSES, TOTAL		36.1	48.6	56.9	80.5
OPERATING INCOME		30.3	1.9	-40.5	-61.0
Interest Expense		--	--	--	-1.7
Interest and Investment Income		0.1	0.2	0.5	--
Other Non-Operating Expenses, Total		-2.4	0.3	-0.5	-0.1
Other Non-Operating Income (Expenses)		--	-0.4	-0.6	-0.1
Merger & Restructuring Charges		--	--	--	-2.1
Impairment of Goodwill		--	--	--	19.4
Gain (Loss) on Sale of Assets		0.3	--	--	-2.8
Other Unusual Items, Total		--	--	6.8	-6.9
EBT, INCLUDING UNUSUAL ITEMS		28.2	2.4	-33.8	-55.1
Income Tax Expense		0.3	0.4	-0.1	-0.1
Minority Interest in Earnings		--	--	0.2	0.3
Earnings from Continuing Operations		27.8	2.0	-33.7	-55.0
NET INCOME		27.8	2.0	-33.5	-54.7
NET INCOME TO COMMON INCLUDING EXTRA ITEMS		27.8	2.0	-33.5	-54.7
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS		27.8	2.0	-33.5	-54.7

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