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Income Statement
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Cash Flow Statement

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Op Efficiency
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Sol-Gel Technologies Ltd. (SLGL)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   20-F20-F20-FS-1/A20-F20-F20-F20-F
Revenues  0.03.38.722.80.10.241.519.3
            Revenue growth  -100.0%-61.9%-61.9%17555.0%-25.9%-99.6%115.2% 
Cost of goods sold  -3.9-29.0-0.1-0.1-67.0-63.30.00.0
Gross profit  3.932.38.822.967.263.441.519.3
            Gross margin   978.5%101.1%100.6%52070.5%36459.8%100.0%100.0%
Selling, general and administrative   [+]7.48.511.18.35.56.03.72.5
Research and development  12.720.427.940.628.125.817.07.2
Other operating expenses   0.5      
EBITDA   [+]-15.73.8-29.3-25.134.332.121.19.9
            EBITDA margin   116.4%-337.7%-110.0%26576.0%18450.6%50.9%51.6%
Depreciation and amortization  0.60.90.90.90.80.50.40.3
EBIT   [+]-16.23.0-30.2-26.033.531.620.89.6
            EBIT margin   89.7%-348.6%-113.9%25985.3%18179.9%50.0%50.0%
Other income (expense), net  1.30.30.91.4-1.3-0.10.00.0
Pre-tax income  -14.93.2-29.3-24.632.231.620.89.7
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0% 0.0%0.0%0.0%0.0%
Net income  -14.93.2-29.3-24.632.231.620.89.7
            Net margin   97.5%-337.7%-108.1%24963.6%18142.5%50.0%50.1%
   
Basic EPS   [+]($0.65)$0.14($1.30)($1.26)$1.80$5.02$3.30$1.54
Diluted EPS   [+]($0.65)$0.14($1.30)($1.26)$1.80$5.02$3.30$1.54
   
Shares outstanding (basic)   [+]23.123.122.619.517.96.36.36.3
Shares outstanding (diluted)   [+]23.123.622.619.517.96.36.36.3
   
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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