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ON TRACK INNOVATIONS LTD (OTIV)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K/A10-K/A10-K10-K10-K10-K10-K10-K
Revenues:  
    Retail and Mass Transit Ticketing     16.615.814.60.0 
    Petroleum     5.35.14.10.0 
    Other        0.0 
    Other        18.5 
Total revenues   [+]14.912.710.621.920.918.818.55.8
            Revenue growth   [+]16.7%19.7%-51.3%4.8%11.3%1.5%219.8%20.3%
Cost of goods sold   [+]21.77.66.410.710.59.518.812.0
Gross profit  -6.95.14.211.210.49.2-0.3-6.2
            Gross margin  -46.2%40.0%39.9%51.0%49.9%49.2%-1.6%-107.9%
Selling, general and administrative   [+]6.56.56.49.99.39.010.98.2
Research and development  3.73.53.33.23.32.83.4 
Other operating expenses  -11.1-0.2-0.30.00.10.2-7.8-4.8
EBITDA   [+]-5.6-4.3-4.7-0.6-1.0-1.6-5.6-8.3
            EBITDA margin  -37.6%-33.4%-43.7%-2.9%-4.8%-8.6%-30.1%-144.5%
Depreciation  0.20.20.21.11.01.11.21.3
EBITA  -5.8-4.5-4.9-1.7-2.0-2.7-6.8-9.7
            EBITA margin  -39.1%-35.3%-46.0%-8.0%-9.6%-14.3%-36.7%-167.1%
Amortization of intangibles  0.20.20.20.20.20.1  
EBIT   [+]-6.0-4.7-5.1-2.0-2.2-2.8-6.8-9.7
            EBIT margin  -40.1%-36.7%-47.9%-9.0%-10.5%-14.8%-36.7%-167.1%
Non-recurring items         1.0
Interest income    0.30.00.10.20.9 
Other income (expense), net   [+]-4.1-0.4-0.7-0.3-0.4-0.6-1.50.6
Pre-tax income  -10.1-5.1-5.5-2.2-2.5-3.2-7.4-10.1
Income taxes  1.51.0-0.1-0.3-0.1-0.10.10.1
            Tax rate    1.9%13.8%5.5%4.1%  
Minority interest       0.0-0.1 
Earnings from continuing ops  -10.2-5.1-5.3-1.9-2.4-6.1-14.9-10.2
Earnings from discontinued ops  0.10.10.2  2.20.30.3
Net income  -10.1-5.0-5.9-0.3-0.6-3.9-14.6-9.9
            Net margin  -67.8%-39.6%-55.3%-1.2%-2.9%-20.6%-79.3%-171.1%
   
Basic EPS   [+]($0.16)($0.09)($0.13)($0.05)($0.06)($0.15)($0.36)($0.30)
Diluted EPS   [+]($0.16)($0.09)($0.13)($0.05)($0.06)($0.15)($0.36)($0.30)
   
Shares outstanding (basic)   [+]65.655.741.441.341.140.940.934.0
Shares outstanding (diluted)   [+]65.655.741.441.341.140.940.934.0
   
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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