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Orbital Infrastructure Group, Inc. (CUI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  82.921.523.520.318.886.586.276.0
            Revenues growth  286.0%-8.5%15.5%8.0%-78.2%0.3%13.4%25.4%
Cost of revenues  78.619.617.717.812.954.253.947.5
    Gross profit  4.31.95.82.65.932.332.328.6
            Gross margin  5.2%8.9%24.7%12.6%31.5%37.3%37.4%37.5%
   
Operating expenses:          
Selling, general and administrative expense  50.019.020.118.617.534.233.025.9
Depreciation and amortization  6.83.31.51.51.42.42.94.2
Provision for (recovery of) bad debt  0.31.60.10.00.00.10.20.0
Other operating income  0.00.00.0 0.00.10.1 
    Total operating expenses  57.124.021.924.744.538.838.031.4
    Loss from operations  -52.8-22.0-16.0-22.1-16.3-6.5-5.7-2.9
            Operating margin  -63.6%-102.5%-68.3%-108.8%-86.5%-7.5%-6.6%-3.8%
Other income (expense)  0.81.00.6-0.30.3-0.3-0.3-0.1
Interest expense  -8.3-1.3-0.1-0.2-0.2-0.5-0.4-0.5
    Loss from continuing operations before income taxes  -60.4-27.2-16.6-22.7-16.2-7.2-6.4-3.5
Income Tax Expense (Benefit)  -10.5-1.5-3.0-1.3-2.30.0-0.4-0.7
   
Discontinued operations (Note 3)          
Loss from discontinued operations, net of income taxes  -11.4-1.712.54.01.4   
    Net loss  -61.2-27.4      
    Net loss attributable to Orbital Infrastructure Group, Inc.  -61.3-27.4-1.1-17.3-12.6-7.3-6.0-2.8
   
Basic and diluted weighted average common shares outstanding (in shares)  58.329.928.728.522.420.920.820.7
Loss from continuing operations per common share - basic and diluted  0.00.00.00.00.0   
Loss from discontinued operations per common share - basic and diluted  0.00.00.00.00.0   
   
Loss per common share - basic and diluted (in dollars per share)  ($1.05)($0.92)($0.04)($0.61)($0.56)($0.35)($0.29)($0.14)

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