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THERMOENERGY CORP (TMEN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06
   10-K10-K10-K10-K10-K/A10-K/A10-K/A10-K/A
Revenues  2.41.63.9-0.34.06.714.82.5
            Revenue growth  44.0%-58.4%-1443.3%-107.3%-40.1%-54.7%499.6% 
Cost of goods sold  3.36.85.2-2.84.07.415.22.3
Gross profit  -1.0-5.2-1.22.50.0-0.7-0.40.1
            Gross margin  -40.6%-315.3%-31.6%-855.3%0.1%-10.0%-2.9%5.2%
Selling, general and administrative   [+]4.97.67.37.14.47.44.62.3
Research and development  0.50.50.30.6    
Equity in earnings  0.30.00.4-0.1    
Other operating expenses  -0.5-5.3-1.62.41.66.32.31.6
EBITDA   [+]-5.4-7.8-6.7-7.7-6.0-14.3-7.3-3.7
            EBITDA margin  -228.0%-474.4%-171.1%2618.1%-148.4%-213.7%-49.1%-151.8%
Depreciation and amortization  0.20.10.10.10.10.10.00.0
EBIT   [+]-5.6-7.9-6.8-7.7-6.0-14.4-7.3-3.8
            EBIT margin  -236.0%-481.7%-173.3%2635.8%-150.0%-214.7%-49.4%-152.7%
Non-recurring items   [+]      10.7 
Interest expense, net   [+]2.70.51.1  1.60.8-0.1
Other income (expense), net   [+]6.61.0-9.4-7.1-7.00.21.1 
Pre-tax income  -1.6-7.4-17.4-14.9-13.0-15.7-17.7-3.7
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   0.00.1  0.21.1 
Net income  -1.6-7.4-17.4-16.80.00.0-17.7-3.7
            Net margin  -68.5%-451.2%-443.2%5716.7%-0.4%-0.2%-119.5%-149.7%
   
Basic EPS   [+]($0.01)($0.07)($0.31)($0.31)($0.30)($0.34)($0.60)($0.16)
Diluted EPS   [+]($0.01)($0.07)($0.31)($0.31)($0.30)($0.34)($0.60)($0.16)
   
Shares outstanding (basic)   [+]131.8103.256.854.00.10.029.523.1
Shares outstanding (diluted)   [+]131.8103.256.854.00.10.029.523.1
   
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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