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Income Statement
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SharpSpring, Inc. (SHSP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  29.322.718.713.411.59.27.55.8
            Revenue growth  29.0%21.7%38.7%16.5%25.7%22.5%30.3%7.5%
Cost of goods sold  8.17.15.85.04.52.81.71.0
Gross profit  21.215.612.98.57.16.45.84.7
            Gross margin  72.5%68.5%68.9%62.8%61.3%69.7%77.1%81.8%
Selling, general and administrative   [+]21.120.416.512.09.89.05.02.5
Research and development  6.15.04.32.92.31.70.80.2
Other operating expenses    0.50.51.41.50.30.0
EBITDA   [+]-5.0-9.3-8.0-6.2-3.4-4.30.22.0
            EBITDA margin  -17.1%-40.8%-42.7%-45.9%-29.2%-46.7%2.0%35.5%
Depreciation  1.00.60.40.31.60.10.10.1
EBITA  -6.0-9.9-8.4-6.5-5.0-4.40.01.9
            EBITA margin  -20.4%-43.5%-45.1%-48.0%-43.2%-47.6%0.1%33.7%
Amortization of intangibles  0.60.40.50.51.41.50.30.0
EBIT   [+]-6.6-10.3-8.9-7.0-6.3-5.9-0.31.9
            EBIT margin  -22.6%-45.2%-47.5%-51.9%-55.0%-64.1%-3.7%33.7%
Non-recurring items   [+]0.7   1.73.90.7 
Interest expense          
Other income (expense), net   [+]0.0-2.0-0.60.20.4-0.20.0 
Pre-tax income  -7.3-12.4-9.8-6.8-7.6-10.0-1.01.9
Income taxes  -1.50.0-0.3-2.1-1.9-0.4-0.10.7
            Tax rate  20.5% 3.4%31.1%24.6%3.6%13.5%34.4%
Earnings from continuing ops  -5.8-12.4-9.5-4.7-5.7-9.6-0.81.3
Earnings from discontinued ops      0.91.4  
Net income  -5.8-12.4-9.5-4.75.0-8.2-0.81.3
            Net margin  -19.9%-54.6%-50.8%-34.7%42.9%-89.8%-11.2%22.1%
   
Basic EPS   [+]($0.50)($1.20)($1.11)($0.56)($0.72)($1.51)($0.17)$0.42
Diluted EPS   [+]($0.50)($1.20)($1.11)($0.56)($0.72)($1.51)($0.17)$0.41
   
Dividends per share   [+]      $0.50$0.42
   
Shares outstanding (basic)   [+]11.610.38.58.47.96.44.93.0
Shares outstanding (diluted)   [+]11.610.38.58.47.96.44.93.1
   
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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