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Adamis Pharmaceuticals Corp (ADMP)

Income Statement Business | Product

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-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Customer B    1.3     
    Clinics/Hospitals      13.411.6  
    Customer A    1.53.8    
    Other     18.31.71.5  
Total revenues  4.82.22.822.115.113.16.50.0
            Revenue growth   [+]115.3%-20.5%-87.4%46.6%15.4%101.9%  
Cost of goods sold  6.26.96.315.59.87.44.90.0
Gross profit  -1.4-4.7-3.66.65.35.71.60.0
            Gross margin  -30.1%-211.1%-127.9%30.0%35.1%43.2%25.0% 
Selling, general and administrative  13.216.120.125.325.922.817.19.0
Research and development  10.411.38.010.418.87.59.74.8
Other operating expenses    1.8 0.0   
EBITDA   [+]-23.6-30.6-31.1-26.1-36.4-21.6-22.7-12.9
            EBITDA margin  -495.7%-1387.0%-1120.1%-118.0%-241.0%-165.4%-350.2% 
Depreciation  1.51.42.30.90.63.10.50.0
EBITA  -25.1-32.1-33.4-26.9-37.0-24.7-23.2-12.9
            EBITA margin  -526.9%-1452.0%-1204.0%-121.8%-245.1%-188.9%-357.7% 
Amortization of intangibles     2.12.5 2.11.0
EBIT   [+]-25.1-32.1-33.4-29.0-39.5-24.7-25.2-13.9
            EBIT margin  -526.9%-1452.0%-1204.0%-131.3%-261.6%-188.9%-389.3% 
Non-recurring items   [+]  2.90.30.00.1  
Interest expense, net   [+]0.00.00.0-0.1-0.10.10.2 
Other income (expense), net   [+]-1.2-2.50.51.8 -1.01.40.3
Pre-tax income  -26.2-34.6-35.8-27.5-39.4-25.9-24.0-13.6
Income taxes  0.00.00.00.0-0.4-0.3-4.60.0
            Tax rate      0.9%1.3%19.1%0.0%
Earnings from continuing ops  -26.2-34.6-35.8-27.5-39.0-25.5-20.8-13.6
Earnings from discontinued ops  -0.3-11.20.0     
Net income  -26.5-45.8-49.4-27.5-39.0-25.5-20.8-13.6
            Net margin  -556.7%-2074.9%-1778.8%-124.4%-258.6%-195.4%-321.5% 
   
Basic EPS   [+]($0.17)($0.24)($0.46)($0.52)($1.00)($0.90)($1.19)($1.02)
Diluted EPS   [+]($0.17)($0.24)($0.46)($0.52)($1.00)($0.90)($1.19)($1.01)
   
Shares outstanding (basic)   [+]149.9144.277.653.339.128.317.513.3
Shares outstanding (diluted)   [+]149.9144.277.653.339.128.317.513.4
   
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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