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Income Statement
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Gevo, Inc. (GEVO)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Agri-Energy  0.20.13.922.1    
    Transferred at Point in Time    5.324.532.827.326.5 
    Gevo Development / Agri-Energy      31.626.424.827.2
    UNITED STATES    4.122.131.626.625.3 
    Other  0.90.5     2.9
Total revenues   [+]1.20.55.524.532.927.527.230.1
            Revenue growth   [+]120.5%-90.4%-77.4%-25.5%19.3%1.2%-9.7%6.6%
Cost of goods sold  23.418.315.036.741.638.237.038.8
Gross profit  -22.2-17.7-9.5-12.2-8.7-10.6-9.8-8.6
            Gross margin  -1887.9%-3327.4%-171.0%-50.0%-26.5%-38.6%-36.0%-28.6%
Selling, general and administrative   [+]39.925.511.29.88.17.59.016.7
Research and development  7.46.83.53.95.45.25.26.6
Other operating expenses  -0.5-5.11.10.2    
EBITDA   [+]-69.1-44.9-19.6-19.7-15.7-16.6-17.2-25.4
            EBITDA margin  -5876.8%-8417.6%-353.2%-80.4%-47.7%-60.4%-63.3%-84.1%
Depreciation  6.64.85.96.56.56.66.76.6
EBITA  -75.6-49.7-25.4-26.2-22.2-23.3-24.0-31.9
            EBITA margin  -6437.4%-9323.5%-459.5%-106.9%-67.6%-84.6%-88.1%-105.9%
Amortization of intangibles  1.30.30.00.2    
EBIT   [+]-76.9-50.0-25.5-26.3-22.2-23.3-24.0-31.9
            EBIT margin  -6548.0%-9379.7%-459.8%-107.6%-67.6%-84.6%-88.1%-105.9%
Non-recurring items   [+]25.710.31.50.0    
Interest expense  1.20.32.12.73.23.07.88.2
Other income (expense), net   [+]5.81.3-11.10.4-2.51.6-5.44.0
Pre-tax income  -98.0-59.2-40.2-28.7-28.0-24.6-37.2-36.2
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  -98.0-59.2-40.2-28.7-28.0-24.6-37.2-36.2
            Net margin  -8341.0%-11107.5%-725.9%-117.0%-85.1%-89.4%-136.8%-120.1%
   
Basic EPS   [+]($0.44)($0.30)($0.71)($2.35)($5.74)($30.23)($193.52)($51.61)
Diluted EPS   [+]($0.44)($0.30)($0.71)($2.35)($5.74)($30.23)($193.52)($51.61)
   
Shares outstanding (basic)   [+]221.5195.856.912.24.90.80.20.7
Shares outstanding (diluted)   [+]221.5195.856.912.24.90.80.20.7
   
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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