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ORION ENERGY SYSTEMS, INC. (OESX)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Mar-31-22Mar-31-21Mar-31-20Mar-31-19Mar-31-18Mar-31-17Mar-31-16
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Outside the United States  0.2       
    Services Group     122.7    
    Engineered Systems      30.923.829.526.3
    Other  74.2  26.531.236.540.741.3
Total revenues   [+]74.4122.9113.9149.262.160.370.267.6
            Revenue growth   [+]-39.5%7.9%-23.7%140.3%3.0%-14.1%3.8%-6.3%
Cost of goods sold   [+]59.990.586.7113.751.245.652.951.6
Gross profit  14.532.527.235.510.914.717.316.0
            Gross margin  19.5%26.4%23.9%23.8%17.5%24.3%24.7%23.6%
Selling, general and administrative   [+]11.411.610.322.319.325.027.628.2
Research and development     1.71.41.92.01.7
Other operating expenses  19.412.610.2-1.6-3.7   
EBITDA   [+]-14.29.98.114.7-4.4-10.3-9.9-9.7
            EBITDA margin  -19.0%8.0%7.1%9.8%-7.0%-17.0%-14.2%-14.4%
Depreciation  1.41.41.21.21.31.41.53.0
EBITA  -15.68.56.913.5-5.7-11.7-11.4-12.7
            EBITA margin  -21.0%6.9%6.1%9.0%-9.2%-19.3%-16.2%-18.8%
Amortization of intangibles  0.70.20.30.40.40.60.91.2
EBIT   [+]-16.38.36.613.1-6.2-12.3-12.3-13.9
            EBIT margin  -21.9%6.7%5.8%8.8%-9.9%-20.3%-17.5%-20.5%
Non-recurring items   [+]     0.70.36.0
Interest expense, net   [+]0.0  0.00.00.00.10.2
Other income (expense), net   [+]-0.10.0-0.1-0.5-0.5-0.20.1 
Pre-tax income  -16.48.36.512.6-6.7-13.1-12.5-20.1
Income taxes  18.02.2-19.60.20.00.0-0.30.0
            Tax rate   26.2% 1.3% 0.1%2.1% 
Net income  -34.36.126.112.5-6.7-13.1-12.3-20.1
            Net margin  -46.1%5.0%22.9%8.4%-10.7%-21.8%-17.5%-29.8%
   
Basic EPS   [+]($1.08)$0.20$0.85$0.41($0.23)($0.46)($0.44)($0.73)
Diluted EPS   [+]($1.08)$0.19$0.83$0.40($0.23)($0.46)($0.44)($0.73)
   
Shares outstanding (basic)   [+]31.731.030.630.129.428.828.227.6
Shares outstanding (diluted)   [+]31.731.331.331.029.428.828.227.6
   
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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