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Ontrak, Inc. (CATS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-05-18Dec-31-17Dec-05-17
   8-K10-K10-K10-K/A10-K/A8-K10-K8-K
Total revenues  14.584.182.835.115.2 7.71.1
            Revenue growth  -82.7%1.6%136.0%131.2%96.7% 9.1% 
Cost of goods sold  7.531.243.620.411.1 6.40.0
Gross profit  7.152.939.214.74.1 1.31.1
            Gross margin  48.6%62.9%47.4%41.8%26.7% 17.2%100.0%
Selling, general and administrative   [+]39.353.741.234.717.7 11.811.8
Research and development  11.018.312.9     
EBITDA   [+]-35.3-15.0-13.0-19.2-13.2 -10.5-10.5
            EBITDA margin  -243.1%-17.9%-15.7%-54.7%-86.7% -135.9%-970.8%
Depreciation  5.22.81.70.10.3 0.20.2
EBITA  -40.5-17.8-14.7-19.3-13.4 -10.7-10.7
            EBITA margin  -278.9%-21.2%-17.8%-55.0%-88.5% -139.1%-993.6%
Amortization of intangibles  2.71.20.20.70.2   
EBIT   [+]-43.2-19.0-14.9-20.0-13.6 -10.7-10.7
            EBIT margin  -297.5%-22.6%-18.0%-57.0%-89.8% -139.1%-993.6%
Non-recurring items   [+]0.99.0      
Interest expense  3.98.07.23.00.6 3.43.4
Other income (expense), net   [+]-3.5-1.0-1.2-2.60.0 0.50.5
Pre-tax income  -51.5-37.0-23.4-25.7-14.2 -13.6-13.6
Income taxes  0.10.2-0.60.00.0 0.00.0
            Tax rate    2.8%0.0%0.0%   
Net income  -60.5-46.1-24.7-25.7-14.2 -13.6-13.6
            Net margin  -417.0%-54.8%-29.8%-73.1%-93.6% -176.3%-1259.7%
   
Basic EPS   [+]($2.60)($2.47)($1.44)($1.56)($0.89) ($0.99)($0.99)
Diluted EPS   [+]($2.60)($2.47)($1.44)($1.56)($0.89) ($0.99)($0.99)
   
Shares outstanding (basic)   [+]23.318.717.116.416.0 13.813.8
Shares outstanding (diluted)   [+]23.318.717.116.416.0 13.813.8
   
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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