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Kalera Public Ltd Co

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20
   S-1/AS-1/A
Revenues  2.90.9
            Revenue growth  221.9% 
Cost of goods sold  13.62.9
Gross profit  -10.8-2.0
            Gross margin  -377.9%-227.2%
Selling, general and administrative  28.66.5
Equity in earnings  -0.1 
Other operating expenses  -0.6 
EBITDA   [+]-34.8-7.9
            EBITDA margin  -1219.8%-893.1%
Depreciation  2.20.6
EBITA  -37.0-8.5
            EBITA margin  -1295.3%-956.3%
Amortization of intangibles  1.9 
EBIT   [+]-38.8-8.5
            EBIT margin  -1360.2%-956.3%
Non-recurring items   [+]1.7 
Interest expense  1.60.5
Other income (expense), net   [+]0.90.3
Pre-tax income  -41.3-8.7
Income taxes  -1.30.0
            Tax rate  3.2%0.0%
Net income  -40.1-8.7
            Net margin  -1403.0%-976.0%
   
Basic EPS   [+]($2.52)($0.84)
Diluted EPS   [+]($2.52)($0.84)
   
Shares outstanding (basic)   [+]15.910.3
Shares outstanding (diluted)   [+]15.910.3
   
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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