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LUNA INNOVATIONS INC (LUNA)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues   [+]109.587.559.170.542.933.141.944.0
            Revenue growth  25.1%48.0%-16.2%64.3%29.7%-21.0%-4.9%107.1%
Cost of goods sold  43.036.023.235.323.519.726.127.5
Gross profit  66.551.635.935.219.413.415.816.5
            Gross margin  60.7%58.9%60.7%49.9%45.3%40.4%37.7%37.5%
Selling, general and administrative  57.544.028.423.314.812.914.818.5
Research and development  10.810.26.77.53.82.73.54.3
Equity in earnings          
Other operating expenses     1.0    
EBITDA   [+]3.62.03.85.82.10.31.2-3.8
            EBITDA margin  3.3%2.3%6.4%8.3%4.9%1.0%2.9%-8.6%
Depreciation  1.71.51.30.90.82.03.11.3
EBITA  1.80.52.54.91.3-1.7-1.9-5.0
            EBITA margin  1.7%0.6%4.3%7.0%3.0%-5.2%-4.5%-11.5%
Amortization of intangibles  3.73.11.71.60.40.50.61.2
EBIT   [+]-1.9-2.60.83.30.9-2.2-2.5-6.2
            EBIT margin  -1.7%-3.0%1.4%4.7%2.0%-6.7%-6.0%-14.2%
Interest expense, net   [+]0.00.0-0.1-0.4-0.5 0.30.2
Other income (expense), net   [+]0.20.00.10.00.00.00.00.0
Pre-tax income  -2.5-3.10.93.71.3-2.4-2.8-6.5
Income taxes  -0.2-2.0-0.5-1.70.0-1.1-0.1-0.5
            Tax rate  8.7%64.5%  3.7%47.9%4.8%7.3%
Earnings from continuing ops  -2.3-1.11.45.1-16.2-1.4-2.8-6.1
Earnings from discontinued ops  9.8 1.9 27.015.90.38.3
Net income  9.31.43.35.110.714.5-2.52.2
            Net margin  8.5%1.6%5.6%7.2%25.0%43.7%-5.9%5.1%
   
Basic EPS   [+]($0.07)($0.03)$0.04$0.18($0.59)($0.05)($0.10)($0.26)
Diluted EPS   [+]($0.07)($0.03)$0.04$0.16($0.50)($0.05)($0.10)($0.26)
   
Dividends per share   [+]   $0.01$0.01$0.01  
   
Shares outstanding (basic)   [+]32.631.730.728.727.627.627.523.0
Shares outstanding (diluted)   [+]32.631.732.631.832.527.627.523.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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