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BETTER FOR YOU WELLNESS, INC.: 10-K filed 2023-06-09

What BETTER FOR YOU WELLNESS, INC. reported in its annual report filed 2023-06-09 (fiscal FY 2023): 42 published measures, 316 facts as tagged in accession 0001575872-23-000924.

This filing

Form
10-K (annual report)
Filed
2023-06-09
Fiscal period
fiscal FY 2023
Accession
0001575872-23-000924 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All BETTER FOR YOU WELLNESS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-02-28619,736USD
At 2022-11-30723,257USD
At 2022-08-31699,939USD
At 2022-05-31596,061USD
At 2022-02-289,642USD
At 2021-11-300USD
At 2021-08-310USD
At 2021-05-310USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2023-02-281,721,583USD
At 2022-11-301,400,970USD
At 2022-08-311,105,404USD
At 2022-05-31556,449USD
At 2022-02-28375,408USD
At 2021-11-30273,773USD
At 2021-08-315,865USD
At 2021-05-311,850USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2023-02-28-1,101,847USD
At 2022-11-30-677,713USD
At 2022-08-31-405,465USD
At 2022-05-3139,612USD
At 2022-02-28-365,766USD
At 2021-11-30-273,773USD
At 2021-08-31-5,865USD
At 2021-05-31-1,850USD
At 2021-02-28-3,750USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2023-02-2813,773USD
At 2022-11-303,154USD
At 2022-08-312,130USD
At 2022-05-313,309USD
At 2022-02-289,642USD
At 2021-11-300USD
At 2021-08-310USD
At 2021-05-310USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2022-03-01 to 2023-02-28-3,527,425USD365
2022-09-01 to 2022-11-30-770,347USD91
2022-03-01 to 2022-11-30-2,440,116USD275
2022-06-01 to 2022-08-31-693,633USD92
2022-03-01 to 2022-08-31-1,669,768USD184
2022-03-01 to 2022-05-31-976,135USD92
2021-03-01 to 2022-02-28-2,543,241USD365
2021-09-01 to 2021-11-30-1,726,323USD91
2021-03-01 to 2021-11-30-1,812,379USD275
2021-06-01 to 2021-08-31-14,005USD92
2021-03-01 to 2021-08-31-86,057USD184
2021-03-01 to 2021-05-31-72,051USD92

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2022-03-01 to 2023-02-28-817,755USD365
2022-03-01 to 2022-11-30-754,874USD275
2022-03-01 to 2022-08-31-628,898USD184
2022-03-01 to 2022-05-31-298,115USD92
2021-03-01 to 2022-02-28-308,022USD365
2021-03-01 to 2021-11-30-6,941USD275
2021-03-01 to 2021-08-31-7,307USD184
2021-03-01 to 2021-05-31-3,951USD92

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2022-09-01 to 2022-11-306,986USD91
2022-03-01 to 2022-11-309,008USD275
2022-06-01 to 2022-08-311,716USD92
2022-03-01 to 2022-08-312,022USD184
2022-03-01 to 2022-05-31306USD92
2021-09-01 to 2021-11-300USD91
2021-03-01 to 2021-11-300USD275
2021-06-01 to 2021-08-310USD92
2021-03-01 to 2021-08-310USD184
2021-03-01 to 2021-05-310USD92

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2022-03-01 to 2023-02-28830,296USD365
2022-03-01 to 2022-11-30756,796USD275
2022-03-01 to 2022-08-31629,796USD184
2022-03-01 to 2022-05-31300,192USD92
2021-03-01 to 2022-02-28317,664USD365
2021-03-01 to 2021-11-306,941USD275
2021-03-01 to 2021-08-317,307USD184
2021-03-01 to 2021-05-313,951USD92

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2022-03-01 to 2023-02-28-8,410USD365
2022-03-01 to 2022-11-30-8,410USD275
2022-03-01 to 2022-08-31-8,410USD184
2022-03-01 to 2022-05-31-8,410USD92
2021-03-01 to 2022-02-280USD365
2021-03-01 to 2021-11-300USD275
2021-03-01 to 2021-08-310USD184
2021-03-01 to 2021-05-310USD92

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2023-02-28-6,075,601USD
At 2022-11-30-4,988,292USD
At 2022-08-31-4,217,945USD
At 2022-05-31-3,524,311USD
At 2022-02-28-2,548,176USD
At 2021-11-30-1,817,314USD
At 2021-08-31-90,992USD
At 2021-05-31-76,986USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2022-03-01 to 2023-02-28392,643,105shares365
2022-09-01 to 2022-11-30372,031,446shares91
2022-03-01 to 2022-11-30372,031,446shares275
2022-06-01 to 2022-08-31372,031,446shares92
2022-03-01 to 2022-08-31372,031,446shares184
2022-03-01 to 2022-05-31363,657,794shares92
2021-03-01 to 2022-02-28332,388,619shares365
2021-09-01 to 2021-11-30361,664,351shares91
2021-03-01 to 2021-11-30287,241,405shares275
2021-06-01 to 2021-08-31360,000,680shares92
2021-03-01 to 2021-08-31360,000,680shares184
2021-03-01 to 2021-05-31140,868,130shares92

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2022-03-01 to 2023-02-28392,643,105shares365
2022-09-01 to 2022-11-30372,031,446shares91
2022-03-01 to 2022-11-30372,031,446shares275
2022-06-01 to 2022-08-31372,031,446shares92
2022-03-01 to 2022-08-31372,031,446shares184
2022-03-01 to 2022-05-31363,657,794shares92
2021-03-01 to 2022-02-28332,388,619shares365
2021-09-01 to 2021-11-30361,664,351shares91
2021-03-01 to 2021-11-30287,241,405shares275
2021-06-01 to 2021-08-31360,000,680shares92
2021-03-01 to 2021-08-31360,000,680shares184
2021-03-01 to 2021-05-31140,868,130shares92

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2022-03-01 to 2023-02-28-0.01USD/shares365
2022-09-01 to 2022-11-300USD/shares91
2022-03-01 to 2022-11-30-0.01USD/shares275
2022-06-01 to 2022-08-310USD/shares92
2022-03-01 to 2022-08-310USD/shares184
2022-03-01 to 2022-05-310USD/shares92
2021-03-01 to 2022-02-28-0.01USD/shares365
2021-09-01 to 2021-11-300USD/shares91
2021-03-01 to 2021-11-30-0.01USD/shares275
2021-06-01 to 2021-08-310USD/shares92
2021-03-01 to 2021-08-310USD/shares184
2021-03-01 to 2021-05-310USD/shares92

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2022-03-01 to 2023-02-28-0.01USD/shares365
2022-09-01 to 2022-11-300USD/shares91
2022-03-01 to 2022-11-30-0.01USD/shares275
2022-06-01 to 2022-08-310USD/shares92
2022-03-01 to 2022-08-310USD/shares184
2022-03-01 to 2022-05-310USD/shares92
2021-03-01 to 2022-02-28-0.01USD/shares365
2021-09-01 to 2021-11-300USD/shares91
2021-03-01 to 2021-11-30-0.01USD/shares275
2021-06-01 to 2021-08-310USD/shares92
2021-03-01 to 2021-08-310USD/shares184
2021-03-01 to 2021-05-310USD/shares92

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2023-02-281,547USD
At 2022-11-301,741USD
At 2022-08-311,935USD
At 2022-05-312,129USD
At 2022-02-280USD
At 2021-11-300USD
At 2021-08-310USD
At 2021-05-310USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2022-03-01 to 2023-02-282,121,213USD365
2022-03-01 to 2022-11-301,453,106USD275
2022-03-01 to 2022-08-31995,932USD184
2022-03-01 to 2022-05-31768,313USD92
2021-03-01 to 2022-02-282,066,035USD365
2021-03-01 to 2021-11-301,535,415USD275
2021-03-01 to 2021-08-3177,000USD184
2021-03-01 to 2021-05-310USD92

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2022-03-01 to 2023-02-28-3,343,036USD365
2022-09-01 to 2022-11-30-714,412USD91
2022-03-01 to 2022-11-30-2,311,663USD275
2022-06-01 to 2022-08-31-675,653USD92
2022-03-01 to 2022-08-311,646,725USD184
2022-03-01 to 2022-05-31-971,072USD92
2021-03-01 to 2022-02-28-2,543,241USD365
2021-09-01 to 2021-11-30-1,726,323USD91
2021-03-01 to 2021-11-30-1,812,379USD275
2021-06-01 to 2021-08-31-14,005USD92
2021-03-01 to 2021-08-31-86,057USD184
2021-03-01 to 2021-05-31-72,051USD92

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2023-02-2834,705USD
At 2022-11-30138,032USD
At 2022-08-31114,519USD
At 2022-05-3110,346USD
At 2022-02-289,642USD
At 2021-11-300USD
At 2021-08-310USD
At 2021-05-310USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2023-02-281,719,359USD
At 2022-11-30799,477USD
At 2022-08-31559,811USD
At 2022-05-31299,263USD
At 2022-02-28375,408USD
At 2021-11-30273,773USD
At 2021-08-315,865USD
At 2021-05-310USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2023-02-28390,830USD
At 2022-02-28345,408USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2023-02-28583,484USD
At 2022-11-30583,484USD
At 2022-08-31583,485USD
At 2022-05-31583,586USD
At 2022-02-280USD
At 2021-11-300USD
At 2021-08-310USD
At 2021-05-310USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2023-02-281,460USD
At 2022-11-301,495USD
At 2022-08-31123USD
At 2022-02-280USD
At 2021-11-300USD
At 2021-08-310USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2022-03-01 to 2023-02-283,336,041USD365
2022-09-01 to 2022-11-30715,575USD91
2022-03-01 to 2022-11-302,305,290USD275
2022-06-01 to 2022-08-31673,881USD92
2022-03-01 to 2022-08-311,639,189USD184
2022-03-01 to 2022-05-31965,309USD92
2021-03-01 to 2022-02-282,544,025USD365
2021-09-01 to 2021-11-301,726,323USD91
2021-03-01 to 2021-11-301,812,379USD275
2021-06-01 to 2021-08-3114,005USD92
2021-03-01 to 2021-08-3186,057USD184
2021-03-01 to 2021-05-3172,051USD92

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2023-02-28979USD
At 2022-11-301,657USD
At 2022-08-315,198USD
At 2022-05-317,037USD
At 2022-02-280USD
At 2021-11-300USD
At 2021-08-310USD
At 2021-05-310USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2022-03-01 to 2023-02-28-6,995USD365
2022-09-01 to 2022-11-301,163USD91
2022-03-01 to 2022-11-30-6,373USD275
2022-06-01 to 2022-08-31-1,772USD92
2022-03-01 to 2022-08-31-7,536USD184
2022-03-01 to 2022-05-31-5,763USD92
2021-03-01 to 2022-02-28784USD365
2021-09-01 to 2021-11-300USD91
2021-03-01 to 2021-11-300USD275
2021-03-01 to 2021-05-310USD92

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2021-03-01 to 2022-02-28733USD365

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2022-03-01 to 2023-02-281,214,828USD365
2022-09-01 to 2022-11-30258,401USD91
2022-03-01 to 2022-11-30852,184USD275
2022-06-01 to 2022-08-31446,262USD92
2022-03-01 to 2022-08-31643,257USD184
2022-03-01 to 2022-05-31196,996USD92
2021-03-01 to 2022-02-28477,990USD365
2021-09-01 to 2021-11-30267,908USD91
2021-03-01 to 2021-11-30276,964USD275
2021-06-01 to 2021-08-317,005USD92
2021-03-01 to 2021-08-319,057USD184
2021-03-01 to 2021-05-3172,051USD92

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2022-03-01 to 2023-02-280USD365
2021-03-01 to 2022-02-280USD365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2023-02-28370,747,042shares
At 2022-02-28370,747,042shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2023-02-2813,773USD
At 2022-11-303,154USD
At 2022-08-312,130USD
At 2022-05-313,309USD
At 2022-02-289,642USD
At 2021-11-300USD
At 2021-08-310USD
At 2021-05-310USD
At 2021-02-280USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2023-02-284,933,281USD
At 2022-11-304,271,508USD
At 2022-08-313,773,889USD
At 2022-05-313,525,841USD
At 2022-02-282,395,265USD
At 2021-11-301,507,169USD
At 2021-08-3149,052USD
At 2021-05-3139,067USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2023-02-282,323USD
At 2022-02-280USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2023-02-28776USD
At 2022-02-280USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2022-11-300USD
At 2022-08-310USD
At 2022-05-310USD
At 2021-11-30117,017USD
At 2021-08-315,500USD
At 2021-05-311,850USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2023-02-28750,759USD
At 2022-02-28534,081USD

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2022-03-01 to 2023-02-28776USD365
2021-03-01 to 2022-02-280USD365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2022-03-01 to 2023-02-28-184,389USD365
2022-09-01 to 2022-11-30-55,935USD91
2022-03-01 to 2022-11-30-128,453USD275
2022-06-01 to 2022-08-31-17,980USD92
2022-03-01 to 2022-08-31-23,043USD184
2022-03-01 to 2022-05-31-5,063USD92
2021-03-01 to 2022-02-280USD365
2021-09-01 to 2021-11-300USD91
2021-03-01 to 2021-11-300USD275
2021-06-01 to 2021-08-310USD92
2021-03-01 to 2021-08-310USD184
2021-03-01 to 2021-05-310USD92

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2022-03-01 to 2022-08-310USD184
2022-03-01 to 2022-05-310USD92
2021-03-01 to 2021-08-310USD184
2021-03-01 to 2021-05-310USD92

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2022-03-01 to 2022-11-303,750USD275
2022-03-01 to 2022-08-313,750USD184
2021-03-01 to 2022-02-2868,000USD365
2021-03-01 to 2021-11-300USD275
2021-03-01 to 2021-08-310USD184

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2022-03-01 to 2023-02-281,460USD365
2022-03-01 to 2022-11-301,495USD275
2022-03-01 to 2022-08-31123USD184
2021-03-01 to 2022-02-280USD365
2021-03-01 to 2021-11-300USD275
2021-03-01 to 2021-08-310USD184

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2022-03-01 to 2023-02-28-12,127USD365
2022-03-01 to 2022-11-30-11,440USD275
2022-03-01 to 2022-08-31-7,899USD184
2022-03-01 to 2022-05-31-6,060USD92
2021-03-01 to 2022-02-280USD365
2021-03-01 to 2021-11-300USD275
2021-03-01 to 2021-08-310USD184
2021-03-01 to 2021-05-310USD92

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2022-03-01 to 2023-02-2815,422USD365
2022-03-01 to 2022-11-30-63,866USD275
2022-03-01 to 2022-08-31-117,587USD184
2022-03-01 to 2022-05-31-213,593USD92
2021-03-01 to 2022-02-28169,184USD365
2021-03-01 to 2021-11-30113,267USD275
2021-03-01 to 2021-08-311,750USD184
2021-03-01 to 2021-05-310USD92

Inspect the source

Entity
BETTER FOR YOU WELLNESS, INC. / CIK 0001852707
Captured
2026-09-21T17:38:32.383Z
SEC response SHA-256
56702963becec9c8f6ca40d87bfdafc0c35440641812b2882d0a23d246b54b26

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001852707.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))