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Income Statement
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ProMIS Neurosciences Inc. (PMN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20
   10-K10-KS-1/A
Revenues   [+]0.60.42,224.7
            Revenue growth  41.8%-100.0% 
Cost of goods sold  0.60.44,251.6
Gross profit  0.00.0-2,027.0
            Gross margin  0.0%0.0%-91.1%
Selling, general and administrative   [+]7.33.72,027.0
Research and development  16.14.6 
Other operating expenses    197.7
EBITDA   [+]-23.4-8.2-4,239.9
            EBITDA margin  -4190.5%-2096.2%-190.6%
Depreciation  0.00.06.7
EBITA  -23.4-8.3-4,246.7
            EBITA margin  -4191.6%-2106.5%-190.9%
Amortization of intangibles  0.00.05.0
EBIT   [+]-23.4-8.3-4,251.6
            EBIT margin  -4192.5%-2107.9%-191.1%
Interest expense  0.30.4 
Other income (expense), net  5.6-1.11.3
Pre-tax income  -18.1-9.8-4,250.3
Income taxes  0.00.00.0
            Tax rate  0.0%0.0%0.0%
Net income  -18.1-9.8-4,250.3
            Net margin  -3238.9%-2489.0%-191.1%
   
Basic EPS   [+]($2.41)($1.69) 
Diluted EPS   [+]($2.41)($1.69) 
   
Shares outstanding (basic)   [+]7.55.8 
Shares outstanding (diluted)   [+]7.55.8 
   
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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