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Arena Group Holdings, Inc. (MVEN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    United States  212.3182.7122.652.65.70.1  
    Other  8.76.45.50.7    
Revenues  220.9189.1128.053.35.70.10.00.0
            Revenue growth   [+]16.8%47.7%140.0%835.8%7303.3%   
Cost of goods sold  132.9110.5103.147.37.61.60.00.0
Gross profit  88.078.625.06.0-1.9-1.50.00.0
            Gross margin  39.8%41.6%19.5%11.3%-34.1%-1965.9%  
Selling, general and administrative   [+]126.0137.579.642.312.04.70.20.3
Research and development       0.1  
Other operating expenses   7.8-0.3-0.2    
EBITDA   [+]-55.1-82.6-69.9-40.3-14.0-6.3  
            EBITDA margin  -24.9%-43.7%-54.6%-75.6%-245.3%-8230.2%  
Depreciation  -20.2-19.8-19.7-7.5-0.60.0  
EBITA  -34.9-62.8-50.3-32.8-13.4-6.3-0.2-0.3
            EBITA margin  -15.8%-33.2%-39.3%-61.5%-235.4%-8246.4%  
Amortization of intangibles  20.720.220.37.80.6   
EBIT   [+]-55.6-83.1-70.6-40.6-14.0-6.3-0.2-0.3
            EBIT margin  -25.2%-43.9%-55.1%-76.1%-245.8%-8246.4%  
Non-recurring items   [+]0.31.20.30.2    
Interest expense, net   [+]9.51.416.110.42.50.00.00.0
Other income (expense), net   [+]-3.0-5.9-2.0-6.8-9.70.10.00.0
Pre-tax income  -68.5-91.6-89.0-58.0-26.2-6.3-0.2-0.2
Income taxes  -1.1-1.70.2-19.5-0.10.00.00.0
            Tax rate  1.6%1.8% 33.7%0.4%0.0%  
Earnings from continuing ops  -63.9-89.9-104.9-38.5-44.1-6.3-0.2-0.2
Earnings from discontinued ops  -3.5       
Net income  -67.4-89.9-104.9-38.5-44.1-6.3-0.2-0.2
            Net margin  -30.5%-47.6%-81.9%-72.2%-773.9%-8162.0%  
   
Basic EPS   [+]($3.63)($7.87)($2.28)($1.04)($1.69)($0.42)($0.02)($0.03)
Diluted EPS   [+]($3.63)($7.87)($2.28)($1.04)($1.69)($0.42)($0.02)($0.03)
   
Shares outstanding (basic)   [+]17.611.446.037.126.114.99.18.8
Shares outstanding (diluted)   [+]17.611.446.037.126.114.99.18.8
   
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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