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iBio, Inc. (IBIO)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Jun-30-22Jun-30-21Jun-30-20Jun-30-19Jun-30-18Jun-30-17Jun-30-16
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Bioprocessing (iBio CDMO)    2.4     
    Ibio Inc     1.52.0   
    iBio CDMO     0.1 0.00.10.1
    Other       0.00.30.9
Total revenues  0.01.92.41.60.00.00.40.9
            Revenue growth   [+]-100.0%-20.5%44.7%4327.0%-15.9%-88.8%-58.4%-48.8%
Cost of goods sold  0.00.01.50.0-2.0-0.40.00.0
Gross profit  0.01.90.91.62.00.40.40.9
            Gross margin   100.0%38.3%100.0%5454.1%1009.1%100.0%100.0%
Selling, general and administrative   [+]19.021.822.012.412.310.710.67.7
Research and development  10.39.810.03.25.54.04.13.2
Other operating expenses    -10.2     
EBITDA   [+]-28.5-27.0-20.1-13.4-14.0-12.5-12.6-9.0
            EBITDA margin   -1434.2%-849.8%-819.5%-37943.2%-28450.0%-3197.5%-944.4%
Depreciation  0.72.30.50.31.41.41.30.6
EBITA  -29.2-29.3-20.6-13.7-15.5-13.9-13.9-9.5
            EBITA margin   -1555.0%-869.7%-836.7%-41800.0%-31559.1%-3534.0%-1005.3%
Amortization of intangibles  0.10.40.30.30.30.30.40.4
EBIT   [+]-29.3-29.7-20.9-14.0-15.8-14.2-14.3-9.9
            EBIT margin   -1576.3%-881.9%-854.9%-42670.3%-32334.1%-3622.8%-1043.6%
Non-recurring items    10.2     
Interest expense, net   [+]-0.1-0.22.32.51.81.91.90.8
Other income (expense), net   [+]-0.10.010.20.00.00.00.00.0
Pre-tax income  -29.3-29.5-23.2-16.4-17.6-16.1-16.1-10.7
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Minority interest    0.00.00.00.0-1.6-0.9
Earnings from continuing ops  -29.3-29.5-23.5-38.3-17.9-16.4-14.6-9.8
Earnings from discontinued ops  -35.7-20.8      
Net income  -65.0-50.3-23.5-38.3-17.9-16.4-14.6-9.8
            Net margin   -2670.1%-989.8%-2335.8%-48251.4%-37193.2%-3711.2%-1030.0%
   
Basic EPS   [+]($2.39)($3.38)($3.00)($0.61)($0.94)($1.54)($1.64)($0.12)
Diluted EPS   [+]($2.39)($3.38)($3.00)($0.61)($0.94)($1.54)($1.64)($0.12)
   
Shares outstanding (basic)   [+]12.28.77.862.818.910.68.981.0
Shares outstanding (diluted)   [+]12.28.77.862.818.910.68.981.0
   
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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