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Income Statement
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Common Size IS
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Credit Analysis

Dermira, Inc. (DERM)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-19Jun-30-19Mar-31-19Dec-31-18Sep-30-18Jun-30-18Mar-31-18Dec-31-17
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Total revenues  82.972.144.542.341.441.83.84.5
            Revenue growth  100.0%72.4%1078.9%832.4%61.5%69.1%-84.0%-79.9%
Cost of goods sold  5.13.42.11.20.20.00.00.0
Gross profit  77.768.642.441.241.241.83.84.5
            Gross margin  93.8%95.2%95.3%97.2%99.4%100.0%100.0%100.0%
Selling, general and administrative   [+]210.2213.3190.8172.6148.0118.391.171.9
Research and development  71.469.370.580.589.2103.7110.1104.4
EBITDA   [+]-203.2-213.3-218.3-211.4-195.6-179.8-197.1-171.4
            EBITDA margin  -245.2%-296.1%-490.6%-499.3%-471.9%-430.2%-5222.0%-3775.2%
Depreciation and amortization  0.60.60.60.60.50.40.40.3
EBIT   [+]-203.8-214.0-218.9-212.0-196.0-180.2-197.5-171.8
            EBIT margin  -245.9%-296.9%-492.0%-500.6%-473.1%-431.2%-5231.9%-3782.7%
Non-recurring items   [+]   2.0  129.7 
Interest expense  14.913.915.015.616.415.812.48.1
Other income (expense), net  7.47.67.77.97.67.16.35.2
Pre-tax income  -212.2-221.1-227.1-221.7-205.9-318.6-333.2-303.3
Income taxes  0.00.00.0-0.2-0.2-0.2-0.20.0
            Tax rate  0.0%0.0%0.0%0.1%0.1%0.1%0.1%0.0%
Net income  -212.2-221.1-227.1-221.5-205.7-318.4-333.0-303.3
            Net margin  -256.1%-306.9%-510.5%-523.3%-496.5%-761.9%-8823.7%-6678.3%
   
Basic EPS   [+]($4.37)($4.87)($5.36)($5.28)($4.95)($7.67)($8.05)($7.53)
Diluted EPS   [+]($4.37)($4.87)($5.36)($5.28)($4.95)($7.67)($8.05)($7.53)
   
Shares outstanding (basic)   [+]48.545.442.442.041.641.541.440.3
Shares outstanding (diluted)   [+]48.545.442.442.041.641.541.440.3
   
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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