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Newbury Street Acquisition Corp

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21
   10-K10-K
Revenues  -0.2-0.2
            Revenue growth  4.0% 
Cost of goods sold  0.00.5
Gross profit  -0.2-0.7
            Gross margin  100.2%356.9%
Selling, general and administrative  2.6 
EBIT   [+]-2.9-0.7
            EBIT margin  1472.1%356.9%
Non-recurring items  -0.1 
Other income (expense), net   [+]2.00.1
Pre-tax income  -0.9-0.6
Income taxes  0.40.0
            Tax rate   0.0%
Net income  -1.3-0.6
            Net margin  643.8%309.0%
   
Basic EPS   [+]($0.08)($0.04)
Diluted EPS   [+]($0.08)($0.04)
   
Shares outstanding (basic)   [+]16.714.1
Shares outstanding (diluted)   [+]16.714.1
   
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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