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TREMOR VIDEO INC. (TLRA)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  68.055.243.829.19.6159.5131.8105.2
            Revenue growth  23.3%26.0%50.4%203.0%-94.0%21.0%25.3%16.5%
Cost of goods sold  13.66.83.42.20.9101.777.961.3
Gross profit  54.448.340.426.98.757.853.943.9
            Gross margin  80.0%87.6%92.1%92.4%90.2%36.2%40.9%41.7%
Selling, general and administrative   [+]54.745.648.338.430.757.349.445.9
Research and development  11.19.98.67.04.817.011.68.1
EBITDA   [+]-11.4-7.2-13.3-13.0-20.7-16.5-7.2-10.1
            EBITDA margin  -16.8%-13.1%-30.4%-44.6%-214.9%-10.4%-5.5%-9.6%
Depreciation  0.73.17.49.28.21.81.31.1
EBITA  -12.1-10.3-20.7-22.2-28.8-18.4-8.5-11.2
            EBITA margin  -17.8%-18.7%-47.3%-76.1%-300.0%-11.5%-6.5%-10.7%
Amortization of intangibles  0.80.60.4 0.24.85.04.9
EBIT   [+]-12.9-10.9-21.1-22.2-29.0-23.2-13.5-16.1
            EBIT margin  -19.0%-19.8%-48.2%-76.1%-301.7%-14.5%-10.3%-15.3%
Non-recurring items   [+] 0.20.11.3    
Interest expense   0.10.10.10.00.00.10.2
Other income (expense), net  4.42.01.3-0.10.00.00.30.0
Pre-tax income  -8.5-9.2-20.0-23.7-29.0-23.1-13.3-16.4
Income taxes  0.50.0-0.30.20.20.30.20.3
            Tax rate   0.1%1.7%     
Earnings from continuing ops  -9.0-9.2-19.7-23.9-15.1-23.5-29.4-16.6
Earnings from discontinued ops   -0.114.6 -14.1   
Net income  -9.0-9.42.2-20.9-29.2-23.5-29.4-16.6
            Net margin  -13.2%-17.0%5.1%-71.9%-303.6%-14.7%-22.3%-15.8%
   
Basic EPS   [+]($0.20)($0.18)($0.39)($0.46)($0.29)($0.46)($1.02)($2.22)
Diluted EPS   [+]($0.20)($0.18)($0.39)($0.46)($0.29)($0.46)($1.02)($2.22)
   
Shares outstanding (basic)   [+]45.951.850.552.351.750.628.87.5
Shares outstanding (diluted)   [+]45.951.850.552.351.750.628.87.5
   
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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