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Absci Corp (BSCI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19
   10-K10-KS-1/A
Revenues  4.84.82.1
            Revenue growth  0.0%132.0% 
Cost of goods sold  0.00.00.0
Gross profit  4.84.82.1
            Gross margin  100.0%100.0%100.0%
Selling, general and administrative  28.85.53.5
Research and development  44.611.4 
Other operating expenses    4.3
EBITDA   [+]-68.6-12.2-5.8
            EBITDA margin  -1434.2%-254.6%-280.3%
Depreciation  4.61.10.5
EBITA  -73.1-13.3-6.3
            EBITA margin  -1529.4%-278.3%-304.1%
Amortization of intangibles  2.1  
EBIT   [+]-75.2-13.3-6.3
            EBIT margin  -1573.4%-278.3%-304.1%
Interest expense  3.40.6 
Other income (expense), net  -31.2-0.4-0.3
Pre-tax income  -109.9-14.4-6.6
Income taxes  -8.90.00.0
            Tax rate  8.1%0.0%0.0%
Net income  -103.2-49.50.0
            Net margin  -2159.0%-1034.9%0.0%
   
Basic EPS   [+]($2.08)($3.19) 
Diluted EPS   [+]($2.08)($3.19) 
   
Shares outstanding (basic)   [+]49.715.5 
Shares outstanding (diluted)   [+]49.715.5 
   
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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