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Income Statement
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Common Size IS
Op Efficiency
Credit Analysis

CISION LTD. (CISN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K
Revenue  730.4631.6467.8334.0
            Revenue growth  15.6%35.0%40.1% 
Cost of revenue  266.8200.8162.6125.0
    Gross profit  463.6430.8305.2209.0
            Gross margin  63.5%68.2%65.2%62.6%
   
Operating costs and expenses      
Sales and marketing  116.1114.892.671.6
Research and development  30.022.119.416.6
General and administrative  167.1166.8135.788.4
Amortization of intangible assets  80.889.277.159.9
    Total operating costs and expenses  394.0392.8324.8236.6
    Operating income  69.638.0-19.6-27.6
            Operating margin  9.5%6.0%-4.2%-8.3%
   
Non operating income (expense):      
Foreign exchange gains  13.3-5.56.3-10.9
Interest and other income, net  -171.4-387.6-298.0-172.1
Interest expense  -78.0-116.5-118.0-61.4
Loss on extinguishment of debt  -9.4-51.9-23.6 
    Total non operating loss  -74.3-171.7-134.5-66.5
    Income (loss) before income taxes  -4.6-133.6-154.1-94.2
Provision for income taxes  19.7-10.6-55.7-3.6
    Net income (loss)  -24.4-123.0-98.4-90.5
Other comprehensive loss - foreign currency translation adjustments  -32.838.8-58.9-9.1
    Comprehensive loss  -57.2-84.3-157.3-99.6
   
Net income (loss) per share:      
Basic  ($0.19)($1.63)($3.47)($3.23)
Diluted  ($0.19)($1.63)($3.47)($3.23)
   
Weighted-average shares outstanding used in computing per share amounts:      
Basic  128.875.728.428.0
Diluted  128.875.728.428.0

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