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GALAPAGOS NV (GLPG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14
   20-F20-F20-F
Revenues  151.660.690.0
            Revenue growth  150.3%-32.7% 
Cost of goods sold  139.6129.7111.8
Gross profit  12.0-69.1-21.8
            Gross margin  7.9%-114.1%-24.2%
Selling, general and administrative   [+]23.520.314.9
EBIT   [+]-11.5-89.4-36.6
            EBIT margin  -7.6%-147.6%-40.7%
Other income (expense), net  11.390.7105.0
Pre-tax income  -0.21.268.4
Income taxes  -0.21.2-2.1
            Tax rate  100.0%100.0% 
Earnings from continuing ops    70.5
Earnings from discontinued ops    70.5
Net income  0.00.070.5
            Net margin  0.0%0.0%78.3%
   
Basic EPS   [+]$0.00$0.00$2.34
Diluted EPS   [+]$0.00$0.00$2.34
   
Shares outstanding (basic)   [+]45.735.730.1
Shares outstanding (diluted)   [+]47.335.730.1
   
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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