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SpringWorks Therapeutics, Inc. (SWTX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
   10-K10-K10-K10-K10-K
Total revenues   [+]0.00.035.03.50.7
            Revenue growth   -100.0%886.7%423.2% 
Cost of goods sold  0.00.00.03.50.7
Gross profit  0.00.035.00.00.0
            Gross margin    100.0%0.0%0.0%
Selling, general and administrative   [+]134.671.829.516.78.6
Research and development  146.1101.751.942.59.9
Equity in earnings  -2.9-1.0-0.6-2.6 
EBITDA   [+]-282.8-174.0-46.6-61.7-18.5
            EBITDA margin    -133.1%-1738.4%-2724.8%
Depreciation and amortization  0.80.50.30.20.0
EBIT   [+]-283.6-174.5-46.9-61.9-18.5
            EBIT margin    -134.1%-1743.8%-2727.3%
Interest income  6.30.71.3  
Other income (expense), net   [+]-0.1-0.20.03.50.7
Pre-tax income  -277.4-173.9-45.6-58.3-17.8
Income taxes  0.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%
Net income  -277.4-173.9-45.6-50.6-17.8
            Net margin    -130.2%-1425.9%-2627.3%
   
Basic EPS   [+]($5.21)($3.59)($1.05)($3.81) 
Diluted EPS   [+]($5.21)($3.59)($1.05)($3.81) 
   
Shares outstanding (basic)   [+]53.348.543.313.3 
Shares outstanding (diluted)   [+]53.348.543.313.3 
   
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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