| In millions, except per share items | Feb-28-23 | Feb-28-22 | Feb-28-21 | Feb-29-20 | Feb-28-19 | Feb-28-18 | Feb-28-17 | Feb-29-16 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Ultrasonic Spraying | | | | | | | | 11.7 |
| Rental Real Estate Operations | | | | | | | | 0.3 |
| Eliminations | | | | | | | | 0.2 |
| Other | | | | | | | 0.3 | |
| Other | | | | | | | 9.4 | |
| Total revenues | 8.3 | 11.7 | 9.7 | 10.8 | 7.6 | 6.2 | 9.6 | 11.8 |
| Revenue growth [+] | -29.2% | 20.4% | -10.8% | 43.5% | 22.1% | -35.7% | -18.6% | 9.1% |
| Ultrasonic Spraying | | | | | | | | 9.1% |
| Rental Real Estate Operations | | | | | | | | 1.1% |
| Cost of goods sold | 7.4 | 8.5 | 7.8 | 8.0 | 6.4 | 5.7 | 5.3 | 6.2 |
| Gross profit | 0.8 | 3.1 | 1.8 | 2.8 | 1.2 | 0.5 | 4.4 | 5.6 |
| Gross margin | 10.3% | 26.9% | 19.0% | 25.9% | 15.9% | 7.8% | 45.3% | 47.6% |
| Selling, general and administrative [+] | 4.8 | 5.0 | 4.0 | 4.8 | 3.8 | 3.6 | 3.3 | 3.5 |
| Sales and marketing | 3.2 | 3.4 | 2.8 | 3.4 | 2.7 | 2.5 | 2.2 | 2.4 |
| General and administrative | 1.6 | 1.6 | 1.2 | 1.4 | 1.2 | 1.1 | 1.0 | 1.1 |
| Research and development | 2.1 | 1.7 | 1.6 | 1.4 | 1.3 | 1.3 | 1.3 | 1.3 |
| Other operating expenses | -6.8 | -5.5 | -5.2 | -4.5 | -4.0 | -4.8 | | 0.2 |
| EBITDA [+] | 1.2 | 2.3 | 1.8 | 1.5 | 0.4 | 0.8 | 0.3 | 1.2 |
| EBITDA growth | -48.6% | 28.9% | 18.5% | 267.1% | -46.9% | 198.6% | -78.5% | -3.3% |
| EBITDA margin | 14.5% | 20.0% | 18.6% | 14.0% | 5.5% | 12.6% | 2.7% | 10.3% |
| Depreciation and amortization | 0.5 | 0.4 | 0.5 | 0.4 | 0.3 | 0.4 | 0.4 | 0.5 |
| EBIT [+] | 0.7 | 1.9 | 1.3 | 1.1 | 0.1 | 0.4 | -0.2 | 0.7 |
| EBIT growth | -63.9% | 40.9% | 20.2% | 1252.3% | -78.4% | -313.6% | -124.1% | -12.9% |
| EBIT margin | 8.3% | 16.2% | 13.9% | 10.3% | 1.1% | 6.2% | -1.9% | 6.3% |
| Interest expense, net [+] | -0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 |
| Interest expense | | | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 |
| Interest income | 0.1 | 0.0 | | | | | | 0.1 |
| Other income (expense), net [+] | 0.0 | 1.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.3 | 0.0 |
| Realized gain (loss) on investments | | | | | 0.1 | 0.0 | | |
| Other | | | | | 0.1 | 0.0 | | |
| Pre-tax income | 0.8 | 2.9 | 1.3 | 1.2 | 0.2 | 0.5 | 0.1 | 0.7 |
| Income taxes | 0.2 | 0.4 | 0.2 | 0.1 | 0.0 | 0.1 | 0.0 | 0.2 |
| Tax rate | 19.5% | 12.5% | 16.9% | 8.7% | 10.9% | 20.0% | | 26.2% |
| Net income | 0.6 | 2.5 | 1.1 | 1.1 | 0.2 | 0.4 | 0.1 | 0.5 |
| Net margin | 7.7% | 21.8% | 11.6% | 10.2% | 2.1% | 5.9% | 1.0% | 4.6% |
| |
| Basic EPS [+] | $0.04 | $0.16 | $0.07 | $0.07 | $0.01 | $0.02 | $0.01 | $0.04 |
| Growth | -75.2% | 124.6% | 0.4% | 576.6% | -56.5% | 284.5% | -82.5% | -10.9% |
| Diluted EPS [+] | $0.04 | $0.16 | $0.07 | $0.07 | $0.01 | $0.02 | $0.01 | $0.04 |
| Growth | -75.2% | 127.6% | -0.8% | 579.1% | -56.5% | 282.8% | -82.5% | -10.7% |
| |
| Shares outstanding (basic) [+] | 15.7 | 15.6 | 15.4 | 15.3 | 15.1 | 15.0 | 15.0 | 14.9 |
| Growth | 1.0% | 1.0% | 0.8% | 1.3% | 0.9% | 0.0% | 0.1% | 1.4% |
| Shares outstanding (diluted) [+] | 15.8 | 15.6 | 15.7 | 15.4 | 15.2 | 15.1 | 15.0 | 15.0 |
| Growth | 0.9% | -0.3% | 2.0% | 0.9% | 0.8% | 0.5% | -0.1% | 1.2% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |