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Dermira, Inc. (DERM)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12
   10-K10-K10-K10-K10-K10-K10-K
Total revenues   [+]42.34.522.67.37.30.00.0
            Revenue growth  832.4%-79.9%209.4%0.0%   
Cost of goods sold  1.20.00.00.00.00.00.0
Gross profit  41.24.522.67.37.30.00.0
            Gross margin  97.2%100.0%100.0%100.0%100.0%  
Selling, general and administrative   [+]172.671.930.017.78.34.43.1
Research and development  80.5104.483.266.830.717.917.1
EBITDA   [+]-211.4-171.4-90.5-77.2-31.6-22.3-20.2
            EBITDA margin  -499.3%-3775.2%-400.7%-1057.3%-433.3%  
Depreciation and amortization  0.60.30.10.10.10.00.0
EBIT   [+]-212.0-171.8-90.6-77.3-31.7-22.3-20.2
            EBIT margin  -500.6%-3782.7%-401.3%-1058.2%-434.2%  
Non-recurring items   [+]2.0128.6 2.4   
Interest expense, net   [+]15.68.1 0.10.10.0 
Other income (expense), net   [+]7.95.21.50.8 0.0-0.1
Pre-tax income  -221.7-303.3-89.1-79.0-31.8-22.4-20.3
Income taxes  -0.20.00.0-0.60.00.00.0
            Tax rate  0.1%0.0%0.0%0.8% 0.0%0.0%
Net income  -221.5-303.3-89.1-78.4-31.9-22.4-20.3
            Net margin  -523.3%-6678.3%-394.4%-1074.0%-436.6%  
   
Basic EPS   [+]($5.27)($7.48)($2.70)($2.93)($4.96)($27.03)($27.99)
Diluted EPS   [+]($5.27)($7.48)($2.70)($2.93)($4.96)($27.03)($27.99)
   
Shares outstanding (basic)   [+]42.040.633.026.76.40.80.7
Shares outstanding (diluted)   [+]42.040.633.026.76.40.80.7
   
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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