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Income Statement
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Op Efficiency
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SYNERGY PHARMACEUTICALS, INC. (SGYP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues   [+]16.80.00.00.00.00.213.49.6
            Revenue growth      -100.0%-98.4%40.4%156.1%
Cost of goods sold  8.80.00.00.00.00.226.819.1
Gross profit  8.00.00.00.00.00.0-13.4-9.6
            Gross margin  47.6%    0.0%-100.0%-100.0%
Selling, general and administrative   [+]181.958.221.811.011.77.96.76.6
Research and development  48.387.178.083.350.629.3  
EBITDA   [+]-222.0-145.1-99.7-94.2-62.3-37.2-20.2-16.1
            EBITDA margin  -1320.1%    -17079.4%-150.2%-168.6%
Depreciation and amortization  0.20.20.20.10.10.00.00.0
EBIT   [+]-222.2-145.3-99.8-94.3-62.3-37.2-20.2-16.1
            EBIT margin  -1321.0%    -17080.3%-150.3%-168.6%
Non-recurring items   [+]     1.0  
Interest expense, net   [+]5.313.417.3   -0.1-0.1
Other income (expense), net   [+]3.1-39.9-0.4-1.40.2-1.25.60.8
Pre-tax income  -224.3-198.6-117.5-95.7-62.1-39.4-14.5-15.2
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  -224.3-198.6-117.5-95.7-62.1-39.4-14.5-15.2
            Net margin  -1333.8%    -18093.6%-107.8%-159.2%
   
Basic EPS   [+]($1.00)($1.21)($1.11)($1.02)($0.73)($0.64)($0.30)($0.34)
Diluted EPS   [+]($1.00)($1.21)($1.11)($1.02)($0.73)($0.64)($0.30)($0.34)
   
Shares outstanding (basic)   [+]225.4164.4105.694.385.261.747.644.9
Shares outstanding (diluted)   [+]225.4164.4105.694.385.261.747.644.9
   
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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