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Income Statement
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Cash Flow Statement

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Op Efficiency
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Seres Therapeutics, Inc. (MCRB)

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-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  7.1143.911.927.228.332.121.80.0
            Revenue growth  -95.0%1109.2%-56.2%-3.8%-11.9%47.5%  
Cost of goods sold  0.00.00.00.00.00.00.00.0
Gross profit  7.1143.911.927.228.332.121.80.0
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%100.0% 
Selling, general and administrative   [+]253.6209.4121.3106.432.634.032.616.8
Research and development      96.089.582.038.1
Other operating expenses  7.31.1-19.3-10.5    
EBITDA   [+]-247.2-60.7-83.5-61.1-92.4-84.1-88.6-54.1
            EBITDA margin  -3467.9%-42.2%-702.2%-224.7%-327.0%-262.1%-407.2% 
Depreciation and amortization  6.65.96.67.67.97.34.20.7
EBIT   [+]-253.8-66.7-90.1-68.7-100.3-91.4-92.8-54.9
            EBIT margin  -3560.9%-46.3%-757.5%-252.6%-354.8%-284.7%-426.5% 
Interest expense, net   [+]-3.1-2.9-0.9-1.0-1.2-1.6-1.3-0.1
Other income (expense), net   [+]6.61.13.0-2.10.20.4 0.0
Pre-tax income  -250.2-65.6-89.1-70.3-98.9-89.4-91.6-54.8
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  -250.2-65.6-89.1-70.3-98.9-89.4-91.6-54.8
            Net margin  -3509.5%-45.6%-749.2%-258.5%-350.0%-278.4%-420.7% 
   
Basic EPS   [+]($2.31)($0.72)($1.12)($1.24)($2.43)($2.21)($2.30)($2.33)
Diluted EPS   [+]($2.31)($0.72)($1.12)($1.24)($2.43)($2.21)($2.30)($2.33)
   
Shares outstanding (basic)   [+]108.191.779.856.640.740.439.823.5
Shares outstanding (diluted)   [+]108.191.779.856.640.740.439.823.5
   
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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