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COMPUGEN LTD (CGEN)

Income Statement

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
   S-1/AS-1/AS-1/AS-1/A20-F20-F20-F20-F
Revenues:  
    Customer A  7.56.02.0     
    Europe  7.56.02.0     
    Israel         0.0
    Other         9.2
Total revenues  7.56.02.00.017.80.00.49.3
            Revenue growth   [+]25.0%200.0% -100.0% -100.0%-95.7%-25.0%
Cost of goods sold  1.00.70.10.01.00.00.21.6
Gross profit  6.55.31.90.016.80.00.27.6
            Gross margin  87.0%88.7%97.0% 94.2% 44.3%82.4%
Selling, general and administrative   [+]11.311.710.79.110.08.88.57.3
Research and development  30.628.722.819.830.328.624.521.2
Equity in earnings          
Other operating expenses      -0.3 -0.3 
EBITDA   [+]-34.9-34.6-30.8-27.9-21.8-35.8-31.1-19.8
            EBITDA margin  -465.2%-576.9%-1539.1% -122.7% -7774.8%-213.6%
Depreciation and amortization  0.50.50.71.01.41.61.51.1
EBIT   [+]-35.4-35.1-31.5-28.9-23.2-37.4-32.6-20.9
            EBIT margin  -471.7%-584.6%-1574.8% -130.5% -8145.8%-225.5%
Interest income, net   [+]1.40.91.70.90.60.50.70.8
Other income (expense), net  0.30.00.1-0.10.0-0.20.40.4
Pre-tax income  -33.6-34.2-29.7-28.1-22.6-37.1-31.5-19.8
Income taxes  0.10.00.0-0.70.00.00.00.4
            Tax rate   0.0%0.0%2.6%0.0%0.0%  
Net income  -33.7-34.2-29.7-27.3-22.6-37.1-31.5-20.2
            Net margin  -449.3%-570.1%-1484.9% -127.0% -7876.5%-217.3%
   
Basic EPS   [+]($0.39)($0.41)($0.37)($0.43)($0.41)($0.72)($0.62)($0.40)
Diluted EPS   [+]($0.39)($0.41)($0.37)($0.43)($0.41)($0.72)($0.62)($0.40)
   
Shares outstanding (basic)   [+]86.684.279.663.655.351.250.950.4
Shares outstanding (diluted)   [+]86.684.279.663.655.351.250.950.4
   
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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