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Synacor, Inc. (SYNC)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-20Dec-31-19Dec-31-18Dec-05-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K8-K10-K10-K10-K10-K
Revenues:  
    Portal & Advertising  37.177.495.2     
    Software & Services  44.344.548.7     
    Non-US  24.522.024.0     
Total revenues  81.4121.8143.9143.9140.0127.4110.2106.6
            Revenue growth   [+]-33.2%-15.3%2.8% 9.9%15.5%3.4%-4.7%
Cost of goods sold  42.262.0148.973.370.159.154.457.9
Gross profit  39.159.9-5.070.670.068.255.848.6
            Gross margin  48.1%49.1%-3.5%49.1%50.0%53.6%50.6%45.6%
Selling, general and administrative   [+]29.739.51.434.242.742.531.825.1
Research and development  12.018.3 24.627.625.620.026.3
Equity in earnings        -0.1-1.1
Other operating expenses    -1.48.5    
Adjusted EBITDA  1.15.16.65.22.12.87.0-0.1
            Adjusted EBITDA margin  1.3%4.2%4.6%3.6%1.5%2.2%6.4%-0.1%
Stock-based compensation  1.51.61.81.82.52.83.13.6
EBITDA   [+]-0.43.44.83.4-0.40.13.9-3.7
            EBITDA margin  -0.4%2.8%3.4%2.4%-0.3%0.1%3.6%-3.5%
Depreciation  8.39.27.79.87.77.26.95.1
EBITA  -8.7-5.7-2.9-6.4-8.1-7.1-3.0-8.9
            EBITA margin  -10.6%-4.7%-2.0%-4.4%-5.8%-5.6%-2.7%-8.3%
Amortization of intangibles  2.02.12.1 2.12.1  
EBIT   [+]-10.7-7.8-5.0-6.4-10.2-9.2-3.0-8.9
            EBIT margin  -13.1%-6.4%-3.5%-4.4%-7.3%-7.2%-2.7%-8.3%
Non-recurring items   [+]  1.4    -1.0
Interest expense  0.20.30.30.30.40.30.20.2
Other income (expense), net   [+]0.20.0-0.2-0.22.00.00.11.0
Pre-tax income  -10.6-8.1-6.9-6.9-8.7-9.5-3.2-7.0
Income taxes  1.00.90.60.61.11.20.24.8
            Tax rate          
Net income  -11.6-9.0-7.6-7.6-9.8-10.7-3.5-12.9
            Net margin  -14.2%-7.4%-5.3%-5.3%-7.0%-8.4%-3.2%-12.1%
   
Basic EPS   [+]($0.29)($0.23)($0.19)($0.19)($0.27)($0.36)($0.12)($0.47)
Diluted EPS   [+]($0.29)($0.23)($0.19)($0.19)($0.27)($0.36)($0.12)($0.47)
   
Shares outstanding (basic)   [+]39.539.138.938.936.430.328.227.4
Shares outstanding (diluted)   [+]39.539.138.938.936.430.328.227.4
   
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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