Iota Communications Inc. (fka IOTC)

[dadoc1]

The following unaudited pro forma information presents the consolidated results of the Company’s operations and the results of the Merger as if it had been consummated on June 1, 2018. Such unaudited pro forma information is based on historical unaudited financial information with respect to the Merger and does not include operational for other charges which might have been affected by the Company. The unaudited pro forma information for the three months ended August 31, 2018 and 2017 presented below is for illustrative purposes only and is not necessarily indicative of the results which would have been achieved or results which may be achieved in the future. There were no material nonrecurring pro forma adjustments:



Three months ended August 31,

2018


2017


Net revenue

$ 6,296,052 $ 7,117,977

Net loss

$ (7,606,109 ) $ (5,786,206 )