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VYCOR MEDICAL INC (VYCO)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K/A
Revenues:  
    Vycor Medical  1.31.01.31.3 1.30.90.9
    NovaVision     0.2 0.20.30.4
    Nova Vision  0.10.10.1     
    Other       0.00.0 
Total revenues   [+]1.41.11.41.51.41.51.21.3
            Revenue growth   [+]22.0%-18.0%-7.7%9.0%-6.8%27.5%-6.8%12.1%
Cost of goods sold  0.10.10.10.20.20.20.20.2
Gross profit  1.31.01.31.31.21.31.01.1
            Gross margin  90.3%88.4%90.3%88.8%83.6%87.6%85.9%87.5%
Selling, general and administrative   [+]1.61.71.82.22.22.62.53.4
Research and development  0.0   0.00.00.10.1
Other operating expenses       0.00.0 
EBITDA   [+]-0.4-0.7-0.5-0.8-1.0-1.3-1.6-2.3
            EBITDA margin  -26.4%-58.6%-38.8%-55.2%-73.8%-89.1%-139.1%-187.9%
Depreciation  0.10.00.00.10.10.20.30.3
EBITA  -0.4-0.7-0.6-1.0-1.2-1.5-1.9-2.6
            EBITA margin  -30.5%-62.6%-42.3%-63.6%-83.1%-101.1%-162.3%-208.3%
Amortization of intangibles  0.00.00.00.10.20.10.10.1
EBIT   [+]-0.4-0.7-0.6-1.0-1.3-1.6-2.0-2.7
            EBIT margin  -31.3%-63.7%-43.2%-66.9%-94.8%-107.1%-170.8%-218.5%
Non-recurring items   [+]   0.3    
Interest expense  0.00.00.00.00.00.00.0 
Other income (expense), net   [+]0.1-0.10.00.0-0.10.00.0-1.3
Pre-tax income  -0.4-0.8-0.7-1.4-1.5-1.7-2.1-4.0
Income taxes  0.00.00.10.00.00.00.00.0
            Tax rate     0.0%0.0%0.0%0.0%0.0%
Earnings from continuing ops  -0.7-1.1-1.0-1.7-1.8-1.8-2.3-4.0
Earnings from discontinued ops  0.00.0-0.1     
Net income  -0.8-1.1-1.1-1.7-1.8-1.8-2.3-4.0
            Net margin  -54.6%-100.4%-80.4%-112.9%-130.1%-123.3%-193.0%-323.9%
   
Basic EPS   [+]($0.02)($0.04)($0.04)($0.08)($0.10)($0.17)($0.21)($0.39)
Diluted EPS   [+]($0.02)($0.04)($0.04)($0.08)($0.10)($0.17)($0.21)($0.39)
   
Shares outstanding (basic)   [+]29.626.124.021.618.411.110.810.3
Shares outstanding (diluted)   [+]29.626.124.021.618.411.110.810.3
   
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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