|
Revenue
|
|
$46.4m
|
$58.3m
|
$84.7m
|
$93.5m
|
$102.0m
|
$106.1m
|
|
Cost of revenue
|
|
($26.2m)
|
($30.0m)
|
($39.7m)
|
($43.6m)
|
($48.0m)
|
($47.7m)
|
|
Gross Profit
|
|
$20.2m
|
$28.3m
|
$45.1m
|
$49.9m
|
$54.0m
|
$58.3m
|
|
Loss on remeasurement of derivative liability
|
|
—
|
$0
|
$13k
|
($47k)
|
($94k)
|
—
|
|
Gain on settlement of convertible debt
|
|
—
|
—
|
$0
|
$595k
|
$169k
|
—
|
|
(Loss) Gain on remeasurement of deferred consideration
|
|
($9.3m)
|
$0
|
$804k
|
($440k)
|
$132k
|
($157k)
|
|
Operating Loss
|
|
($11.9m)
|
($6.5m)
|
($828k)
|
($777k)
|
($3.5m)
|
($5.3m)
|
|
Loss Before Income Taxes
|
|
($13.3m)
|
($6.7m)
|
($1.9m)
|
($2.9m)
|
($6.7m)
|
($6.4m)
|
|
Net Loss
|
|
($14.6m)
|
($7.5m)
|
($3.5m)
|
($3.8m)
|
($5.1m)
|
($8.1m)
|
|
Cumulative translation adjustment
|
|
—
|
$2.6m
|
$1.5m
|
($1.2m)
|
$2.4m
|
($4.8m)
|
|
Remeasurement of employee obligations
|
|
—
|
$44k
|
$85k
|
($3k)
|
($25k)
|
$17k
|
|
Net Comprehensive Loss
|
|
($14.5m)
|
($4.9m)
|
($1.9m)
|
($5.0m)
|
($2.8m)
|
($12.9m)
|
|
Basic Loss Per Share
|
|
($1.70)
|
($0.39)
|
($0.16)
|
($0.17)
|
($0.21)
|
($0.32)
|
|
Diluted Loss Per Share
|
|
($1.70)
|
($0.39)
|
($0.16)
|
($0.17)
|
($0.21)
|
($0.32)
|
|
Weighted average number of shares - basic
|
|
8.6m
|
19.5m
|
21.4m
|
22.6m
|
24.3m
|
25.3m
|
|
Weighted average number of shares - diluted
|
|
8.6m
|
19.5m
|
21.4m
|
22.6m
|
24.3m
|
25.3m
|
|
Selling, general and administrative expenses
|
|
($22.8m)
|
($34.8m)
|
($46.8m)
|
($50.8m)
|
($57.8m)
|
($63.5m)
|
|
Net interest expense and other financing charges
|
|
($1.4m)
|
($184k)
|
($1.1m)
|
($2.1m)
|
($3.2m)
|
($1.1m)
|
|
Income taxes (expense) recovery
|
|
($1.2m)
|
($826k)
|
($1.6m)
|
($910k)
|
$1.6m
|
($1.7m)
|