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Avaya Holdings Corp. (AVYA)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-21Sep-30-20Sep-30-19Sep-30-18Sep-30-17Sep-30-15Sep-30-14Sep-30-13
   8-K8-K10-K8-K8-KS-1/AS-1/AS-1/A
Revenues:  
    U.S.    1,553.0     
    Products & Solutions    1,228.0     
    APAC—Asia Pacific    327.0     
Total revenues   [+]3.02.92,887.02,851.03,272.04,081.04,371.04,578.0
            Revenue growth   [+]3.5%-99.9%1.3%-12.9% -6.6%-4.5%-8.8%
Cost of goods sold  0.80.71,312.0752.0745.0872.0962.01,022.0
Gross profit  2.22.21,575.02,099.02,527.03,209.03,409.03,556.0
            Gross margin  74.7%75.1%54.6%73.6%77.2%78.6%78.0%77.7%
Selling, general and administrative  1.11.01,001.01,152.01,261.01,432.01,531.01,512.0
Research and development  0.20.2204.0210.0225.0338.0379.0445.0
Other operating expenses  0.60.6 -2,822.0617.01,005.01,137.01,254.0
EBITDA   [+]0.40.4651.03,559.0424.0805.0796.0800.0
            EBITDA margin  12.4%12.5%22.5%124.8%13.0%19.7%18.2%17.5%
Depreciation    107.0  145.0207.0227.0
EBITA  0.40.4544.03,559.0424.0660.0589.0573.0
            EBITA margin  12.4%12.5%18.8%124.8%13.0%16.2%13.5%12.5%
Amortization of intangibles  0.20.2336.0137.0204.0226.0227.0228.0
EBIT   [+]0.20.2208.03,422.0220.0434.0362.0345.0
            EBIT margin  7.1%6.9%7.2%120.0%6.7%10.6%8.3%7.5%
Non-recurring items   [+]0.00.7681.03,511.049.063.0165.0201.0
Interest expense, net   [+]0.20.2223.0183.0 452.0459.0467.0
Other income (expense), net   [+]0.00.127.03,449.0-369.0-17.0-2.0-31.0
Pre-tax income  0.0-0.6-669.03,177.0-198.0-98.0-264.0-354.0
Income taxes  0.00.12.0-87.0-16.070.0-11.022.0
            Tax rate  750.0%   8.1% 4.2% 
Earnings from continuing ops  0.0-0.7-671.03,264.0 0.0-62.057.0
Earnings from discontinued ops        62.0-57.0
Net income  0.0-0.7-671.03,264.00.00.00.00.0
            Net margin  -0.4%-23.7%-23.2%114.5%0.0%0.0%0.0%0.0%
   
Basic EPS   [+]($0.15)($7.38)($6.06) $0.00($0.43)($125,151.99)$116,373.17
Diluted EPS   [+]($0.15)($7.38)($6.06) $0.00($0.43)($125,151.99)$116,373.17
   
Shares outstanding (basic)   [+]0.10.1110.8 497.10.00.00.0
Shares outstanding (diluted)   [+]0.10.1110.8 497.10.00.00.0
   
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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