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REALNETWORKS INC (RNWK)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-05-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K8-K10-K10-K10-K
Revenues:  
    United States  36.543.739.735.8   46.9
    Europe  9.19.410.612.1   15.2
    Mobile Services  23.826.927.129.7   33.1
    Games  24.128.625.521.7   30.7
Total revenues   [+]58.268.165.869.569.578.781.592.4
            Revenue growth   [+]-14.5%3.4%-5.3%-11.7% -3.4%-11.9%-40.8%
Cost of goods sold  13.816.517.217.717.723.227.539.5
Gross profit  44.451.648.651.851.855.653.952.9
            Gross margin  76.4%75.8%73.8%74.5%74.5%70.6%66.2%57.3%
Selling, general and administrative   [+]40.138.444.841.841.843.959.072.8
Research and development  23.124.327.930.830.829.729.943.6
Equity in earnings     0.8 -4.0-6.5-14.5
Other operating expenses     -2.3-0.5 2.22.5
EBITDA   [+]-18.0-10.2-22.9-15.6 -19.2-36.7-70.1
            EBITDA margin  -31.0%-14.9%-34.8%-22.5%-29.3%-24.3%-45.1%-75.8%
Depreciation and amortization  0.70.91.22.1 2.97.110.4
EBIT   [+]-18.8-11.1-24.1-17.8-20.4-22.1-43.8-80.5
            EBIT margin  -32.3%-16.3%-36.6%-25.6%-29.3%-28.1%-53.7%-87.1%
Non-recurring items  2.1-6.13.03.71.92.51.55.3
Interest income, net   [+]-0.20.0  0.30.40.40.7
Other income (expense), net   [+]0.00.012.5-1.3-0.94.07.80.3
Pre-tax income  -21.0-5.1-14.5-22.8-22.8-20.2-37.0-84.8
Income taxes  0.50.10.72.22.2-2.80.8-1.3
            Tax rate       13.8% 1.5%
Minority interest  -0.2-0.3-0.2     
Earnings from continuing ops  -21.2-4.8-15.1-25.0-25.0-17.4-37.8-83.5
Earnings from discontinued ops  -0.7-0.2-6.0     
Net income  -22.0-5.0-21.1-25.0-25.0-16.3-36.6-81.8
            Net margin  -37.8%-7.4%-32.1%-36.0%-36.0%-20.7%-44.9%-88.5%
   
Basic EPS   [+]($0.48)($0.13)($0.40)($0.66)($0.66)($0.47)($1.03)($2.31)
Diluted EPS   [+]($0.48)($0.13)($0.40)($0.66)($0.66)($0.47)($1.03)($2.31)
   
Shares outstanding (basic)   [+]44.338.338.037.637.637.236.836.2
Shares outstanding (diluted)   [+]44.338.338.037.637.637.236.836.2
   
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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