Consolidated Statements Of Profit & Loss	As at December 31, 2022
(Expressed in thousand of Canadian Dollars)
EXPENSES
Salaries, benefits and directors' fees		-9,306
Office, administrative, and travel		-7,853
Professional fees and insurance		-5,661
Depreciation		-1,814
Share-based payments		-35,146
		-59,780
Finance income		2,787
Mark-to-market loss on convertible debentures		-2,863
Interest expense on convertible debentures		-2,179
Interest on lease liabilities		-207
Loss (gain) on sale of assets		-85
Foreign exchange		1,017
Other income		0
		-61,310
Deferred Income tax expenses		1,042
Net Profit / Loss	$	-60,268

What is the Vertical financial analysis for the above income statement?

Answer rating: 100% (QA)

To conduct a vertical financial analysis of the income statement you would calculate each expense as ... View the full answer