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Virgin Trains USA LLC

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-17Dec-31-16
   S-1/AS-1/A
Revenues  -6.7-1.4
            Revenue growth  372.8% 
Cost of goods sold   [+]16.513.9
Gross profit  -23.2-15.3
            Gross margin  345.1%1074.7%
Selling, general and administrative   [+]16.77.4
Other operating expenses  4.52.3
EBIT   [+]-44.4-25.0
            EBIT margin  659.1%1753.8%
Other income (expense), net   [+]44.425.0
Pre-tax income  0.00.0
Income taxes  0.00.0
Net income  0.00.0
            Net margin  0.0%0.0%
   
   
   
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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