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QLIK TECHNOLOGIES INC (QLIK)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues   [+]612.7556.8470.5388.5320.6226.5157.4118.3
            Revenue growth  10.0%18.4%21.1%21.2%41.5%44.0%33.1%46.8%
Cost of goods sold   [+]169.5139.6113.178.161.944.133.114.0
Gross profit  443.2417.2357.4310.5258.7182.5124.3104.3
            Gross margin  72.3%74.9%76.0%79.9%80.7%80.5%79.0%88.2%
Selling, general and administrative   [+]459.0417.6344.8290.6241.7161.1117.994.5
Research and development  74.872.660.440.024.913.88.98.3
Other operating expenses  -78.9-64.1-51.2-34.8-27.6-20.0-15.7 
EBITDA   [+]3.72.911.719.922.629.314.3 
            EBITDA margin  0.6%0.5%2.5%5.1%7.1%12.9%9.1%1.3%
Depreciation  11.58.75.94.42.81.50.9 
EBITA  -7.8-5.95.715.519.927.813.41.6
            EBITA margin  -1.3%-1.1%1.2%4.0%6.2%12.3%8.5%1.3%
Amortization of intangibles  3.83.02.30.90.20.20.2 
EBIT   [+]-11.6-8.93.414.619.727.613.21.6
            EBIT margin  -1.9%-1.6%0.7%3.8%6.1%12.2%8.4%1.3%
Interest expense, net   [+]-0.1-0.1-0.2-0.3-0.30.50.90.4
Other income (expense), net   [+]-6.9-2.0-2.8-3.1-1.1-6.4-3.63.7
Pre-tax income  -18.4-10.70.911.718.920.78.64.9
Income taxes  18.013.910.97.99.87.21.81.9
            Tax rate    1208.8%67.3%52.1%34.7%20.6%38.3%
Net income  -36.5-24.6-10.03.89.013.56.93.0
            Net margin  -6.0%-4.4%-2.1%1.0%2.8%6.0%4.4%2.5%
   
Basic EPS   [+]($0.40)($0.27)($0.11)$0.04$0.11$0.30$0.42$0.21
Diluted EPS   [+]($0.40)($0.27)($0.11)$0.04$0.11$0.26$0.33$0.18
   
Shares outstanding (basic)   [+]92.189.987.785.482.045.216.314.6
Shares outstanding (diluted)   [+]92.189.987.787.685.652.120.816.5
   
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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