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AVANIR PHARMACEUTICALS, INC. (AVNR)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-14Sep-30-13Sep-30-12Sep-30-11Sep-30-10Sep-30-09Sep-30-08Sep-30-07
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    GSK License Agreement      2.4   
    Other      0.5   
Revenues   [+]115.075.441.310.52.98.40.10.1
            Revenue growth  52.6%82.6%293.2%262.5%-65.3%6334.3%80.3%294.1%
Cost of goods sold   [+]3.54.22.10.40.20.10.00.3
Gross profit  111.571.239.210.02.78.30.1-0.3
            Gross margin  96.9%94.5%94.9%95.8%93.2%99.1%83.3%-355.8%
Selling, general and administrative   [+]113.893.174.555.416.510.210.620.8
Research and development  44.049.523.115.313.315.914.113.1
Other operating expenses       4.2-5.6-4.8
EBITDA   [+]-44.9-70.6-57.7-60.2-26.9-21.7-18.5-26.5
            EBITDA margin  -39.1%-93.7%-139.8%-573.5%-928.8%-259.4%-14263.2%-36840.3%
Depreciation and amortization  1.40.80.70.40.20.30.42.8
EBIT   [+]-46.3-71.4-58.4-60.6-27.1-21.9-19.0-29.4
            EBIT margin  -40.3%-94.8%-141.5%-577.6%-935.8%-262.5%-14606.7%-40790.1%
Interest expense, net   [+]3.34.01.30.00.0-0.2-0.70.6
Other income (expense), net   [+]-0.8 0.00.00.4-0.32.31.6
Pre-tax income  -50.4-75.5-59.7-60.6-26.7-22.0-15.9-28.4
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate          
Earnings from continuing ops  -50.4-75.5-59.7-60.6-26.7-22.0-15.9-20.9
Earnings from discontinued ops        -1.47.4
Net income  -50.4-75.5-59.7-60.6-26.7-22.0-17.5-20.9
            Net margin  -43.8%-100.1%-144.7%-577.7%-921.9%-263.3%-13476.9%-29074.2%
   
Basic EPS   [+]($0.31)($0.53)($0.45)($0.51)($0.30)($0.28)($0.27)($0.53)
Diluted EPS   [+]($0.31)($0.53)($0.45)($0.51)($0.30)($0.28)($0.27)($0.53)
   
Shares outstanding (basic)   [+]161.3142.3133.4119.487.678.858.939.6
Shares outstanding (diluted)   [+]161.3142.3133.4119.487.678.858.939.6
   
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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