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Twist Bioscience Corp (TWST)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-22Sep-30-21Sep-30-20Sep-30-19Jun-30-19Sep-30-18Jun-30-18Sep-30-17
   10-K10-K10-K10-K8-K10-K8-K10-K
Revenues:  
    United States     35.9 17.7 8.2
    Other     18.4 7.8 2.5
Total revenues  203.6132.390.154.454.425.425.410.8
            Revenue growth   [+]53.8%46.9%65.7%113.9%113.9%136.2% 374.5%
Cost of goods sold  119.380.661.447.447.432.232.224.0
Gross profit  84.251.728.77.07.0-6.8-6.8-13.3
            Gross margin  41.4%39.1%31.8%12.8%12.8%-26.6%-26.6%-123.1%
Selling, general and administrative  212.9135.9103.380.180.143.543.526.1
Research and development  120.369.143.035.735.720.320.319.2
Other operating expenses  -12.5-0.5      
EBITDA   [+]-220.1-143.0-110.9-102.7 -64.8 -53.5
            EBITDA margin  -108.1%-108.0%-123.1%-188.9%-200.1%-255.0%-277.5%-496.5%
Depreciation  11.69.36.56.1 5.7 5.0
EBITA  -231.7-152.2-117.4-108.9-108.9-70.6-70.6-58.5
            EBITA margin  -113.8%-115.0%-130.3%-200.1%-200.1%-277.5%-277.5%-543.2%
Amortization of intangibles  4.90.50.2     
EBIT   [+]-236.6-152.7-117.6-108.9-108.9-70.6-70.6-58.5
            EBIT margin  -116.2%-115.4%-130.5%-200.1%-200.1%-277.5%-277.5%-543.2%
Non-recurring items   [+]-1.8 22.5     
Interest income, net   [+]3.00.10.71.71.7-0.3-0.3-0.5
Other income (expense), net  3.5-1.4-0.2-0.3-0.8-0.1-0.6-0.1
Pre-tax income  -228.3-154.0-139.5-107.4-108.0-71.0-71.5-59.0
Income taxes  -10.4-1.90.40.3-0.30.2-0.20.3
            Tax rate  4.6%1.3%  0.3% 0.3% 
Net income  -217.9-152.1-139.9-107.7-107.7-71.2-71.2-59.3
            Net margin  -107.0%-114.9%-155.3%-198.0%-198.0%-280.2%-280.2%-550.8%
   
Basic EPS   [+]($4.04)($3.15)($3.57)($3.92)($3.92)($25.51)($25.51)($24.49)
Diluted EPS   [+]($4.04)($3.15)($3.57)($3.92)($3.92)($25.51)($25.51)($24.49)
   
Shares outstanding (basic)   [+]53.948.339.227.527.52.82.82.4
Shares outstanding (diluted)   [+]53.948.339.227.527.52.82.82.4
   
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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