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Consolidated Statements of Loss and Comprehensive Loss - CAD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Profit or loss [abstract]              
Revenue $ 2,269,026 $ 6,556,463 $ 6,698,629 $ 13,992,029 $ 25,596,972 $ 26,928,439 $ 18,340,249
Cost of sales (1,933,442) (2,060,784) (3,865,798) (5,319,514) (9,683,748) (10,281,922) (7,583,127)
Gross profit 335,584 4,495,679 2,832,831 8,672,515 15,913,224 16,646,517 10,757,122
Expenses              
Salaries, wages and benefits 5,059,254 6,333,270 10,373,584 11,203,665 21,691,774 20,885,044 10,313,803
Sales and marketing 1,139,984 328,354 1,902,215 513,053 1,377,255 1,536,420 3,166,788
Research and development 568,334 711,715 1,100,284 1,460,879 3,179,353 1,078,164 498,099
General and administration 2,065,443 1,556,068 4,617,456 2,893,429 8,538,854 5,741,872 3,294,550
Professional and consulting fees 3,560,346 2,490,612 6,736,389 4,230,033 9,085,436 8,886,341 4,351,812
Share-based compensation 191,528 360,645 444,461 735,919 1,867,915 1,454,235 1,468,361
Depreciation and amortization 1,826,415 1,993,021 3,769,628 3,963,971 8,924,812 6,778,100 4,044,143
Total expenses 14,411,304 13,773,685 28,944,017 25,000,949 54,665,399 46,360,176 27,137,556
Operating loss 14,075,720 9,278,006 26,111,186 16,328,434 38,752,175 29,713,659 16,380,434
Other expenses (income)              
Finance costs 2,229,993 1,946,586 4,088,630 4,182,513 8,618,794 6,033,510 3,217,500
Foreign exchange loss (gain) (1,116,052) 164,355 (493,543) 531,783 (267,294) 1,198,372 494,404
Business acquisition costs and other expenses   11,610   336,020 346,420 1,811,682 9,880,170
Impairment             600,657
Fair value (gain) loss on derivatives (2,538,329) (1,113,106) (5,031,599) 451,043 6,040,121    
Other income (264,024) (1,155,002) (662,292) (3,065,308) (7,126,097) (2,932,342) (167,913)
Loss before tax 12,387,308 9,132,449 24,012,382 18,764,485 46,364,119 35,824,881 30,405,252
Current tax expense (recovery) (184,181) 240,562 104,682 479,359 157,303 (295,709) 181,895
Deferred tax (recovery) expense (591,418) (372,600) (1,482,234) (491,824) (1,822,109) (668,209) (2,692,313)
Net loss for the year 11,611,709 9,000,411 22,634,830 18,752,020 44,699,313 34,860,963 27,894,834
Other comprehensive (income) loss              
Foreign subsidiary translation differences 1,531,158 (523,979) 882,069 (909,326) 69,460 (1,209,006) (607,302)
Comprehensive loss for the year 13,142,867 8,476,432 23,516,899 17,842,694 44,768,773 33,651,957 27,287,532
Net loss (income) for the year attributable to:              
mCloud Technologies Corp. shareholders 8,051,662 8,930,312 17,829,232 19,201,037 44,762,700 36,447,551 28,484,890
Non-controlling interest 3,560,047 70,099 4,805,598 (449,017) (63,387) (1,586,588) (590,056)
Net loss for the year 11,611,709 9,000,411 22,634,830 18,752,020 44,699,313 34,860,963 27,894,834
Comprehensive loss (income) for the year attributable to:              
mCloud Technologies Corp. shareholders 9,617,122 8,487,838 18,764,690 18,513,256 44,970,815 35,398,294 28,054,299
Non-controlling interest 3,525,745 (11,406) 4,752,209 (670,562) (202,042) (1,746,337) (766,767)
Comprehensive loss for the year $ 13,142,867 $ 8,476,432 $ 23,516,899 $ 17,842,694 $ 44,768,773 $ 33,651,957 $ 27,287,532
Loss per share attributable to mCloud shareholders – basic and diluted $ 0.5 $ 0.88 $ 1.1 $ 1.89 $ 3.76 $ 5.01 $ 6.97
Weighted average number of common shares outstanding - basic and diluted 16,154,794 10,154,320 16,151,197 10,154,320 11,898,183 7,272,464 4,085,322