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PIERIS PHARMACEUTICALS, INC. (PIRS)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  25.931.429.346.327.225.35.82.9
            Revenue growth  -17.6%7.1%-36.6%69.8%7.8%333.5%98.9%-45.4%
Cost of goods sold  0.00.00.00.0-1.90.00.00.0
Gross profit  25.931.429.346.329.125.35.82.9
            Gross margin  100.0%100.0%100.0%100.0%106.8%100.0%100.0%100.0%
Selling, general and administrative   [+]16.416.616.718.418.417.68.98.4
Research and development  53.066.746.555.041.522.319.78.2
EBITDA   [+]-40.7-49.4-31.6-26.5-30.3-14.2-22.4-13.4
            EBITDA margin  -157.1%-157.1%-107.8%-57.3%-111.1%-56.3%-384.1%-456.1%
Depreciation and amortization  2.82.52.30.60.60.40.40.3
EBIT   [+]-43.5-51.8-33.9-27.2-30.8-14.6-22.8-13.7
            EBIT margin  -167.8%-165.0%-115.7%-58.7%-113.1%-57.7%-390.3%-466.6%
Interest income, net   [+]0.70.00.51.72.00.20.0-0.2
Other income (expense), net  9.56.1-3.70.01.8-2.10.10.0
Pre-tax income  -33.3-45.7-37.1-25.5-27.1-16.5-22.6-13.9
Income taxes  0.00.00.20.0-0.31.10.20.2
            Tax rate  0.0%0.0% 0.0%1.2%   
Net income  -33.3-45.7-37.2-28.3-26.8-17.6-22.8-14.1
            Net margin  -128.6%-145.5%-126.9%-61.1%-98.2%-69.8%-391.0%-479.5%
   
Basic EPS   [+]($0.45)($0.71)($0.68)($0.56)($0.50)($0.40)($0.55)($0.41)
Diluted EPS   [+]($0.45)($0.71)($0.68)($0.56)($0.50)($0.40)($0.55)($0.41)
   
Shares outstanding (basic)   [+]74.264.554.550.653.143.941.734.4
Shares outstanding (diluted)   [+]74.264.554.550.653.143.941.734.4
   
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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