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ATRM Holdings, Inc. (ATRM)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Structural Wall Panel Manufacturing  17.616.33.5     
    Modular Home Manufacturing  16.924.224.7     
Total revenues   [+]34.540.628.225.633.10.02.69.0
            Revenue growth   [+]-15.0%44.0%9.8%-22.5% -100.0%-71.2%-44.6%
Cost of goods sold  31.537.726.626.032.60.04.86.2
Gross profit  3.02.91.6-0.40.50.0-2.22.8
            Gross margin  8.6%7.1%5.6%-1.4%1.4% -85.5%31.2%
Selling, general and administrative  5.56.74.65.15.82.63.95.1
Research and development        0.92.5
Other operating expenses  0.0-0.40.0     
EBITDA   [+]-1.8-2.5-2.5-4.8-4.1-2.5-6.9-4.7
            EBITDA margin  -5.2%-6.3%-8.8%-18.7%-12.3% -266.5%-52.3%
Depreciation and amortization  0.70.90.60.61.20.10.10.1
EBIT   [+]-2.5-3.4-3.1-5.4-5.3-2.6-7.0-4.8
            EBIT margin  -7.3%-8.5%-11.0%-21.2%-16.1% -269.6%-53.1%
Non-recurring items   [+]0.03.41.7 3.7   
Interest expense, net   [+]1.02.31.71.40.80.00.00.0
Other income (expense), net  0.00.40.03.50.20.3  
Pre-tax income  -3.5-8.7-6.5-3.3-9.7-2.3-7.0-4.7
Income taxes  0.00.00.00.0-0.50.7-0.30.0
            Tax rate  0.0%   4.8% 4.4%0.0%
Earnings from continuing ops  -5.2-9.1-6.5-3.3-9.2-2.3-6.7-4.7
Earnings from discontinued ops      2.00.4  
Net income  -5.2-9.1-6.5-3.3-8.3-2.9-6.1-4.7
            Net margin  -15.2%-22.4%-23.2%-13.0%-25.2% -235.4%-52.7%
   
Basic EPS   [+]($2.17)($3.83)($2,880.35)($2.26)($8.32)($2.09)($6.20)($0.44)
Diluted EPS   [+]($2.17)($3.83)($2,880.35)($2.26)($8.32)($2.09)($6.20)($0.44)
   
Shares outstanding (basic)   [+]2.42.40.01.51.11.11.110.8
Shares outstanding (diluted)   [+]2.42.40.01.51.11.11.110.8
   
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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