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CISION LTD. (CISN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K
Revenues:  
    Americas - U.S.  436.2410.6316.2218.6
    EMEA  197.5144.1110.2105.2
    Rest of Americas  64.551.729.910.1
    APAC  32.325.211.5 
Total revenues  730.4631.6467.8334.0
            Revenue growth   [+]15.6%35.0%40.1% 
Cost of goods sold  266.8200.8162.6125.0
Gross profit  463.6430.8305.2209.0
            Gross margin  63.5%68.2%65.2%62.6%
Selling, general and administrative   [+]283.2281.5228.3160.1
Research and development  30.022.119.416.6
Other operating expenses  80.889.277.159.9
EBITDA   [+]203.4177.5107.376.4
            EBITDA margin  27.9%28.1%22.9%22.9%
Depreciation and amortization  53.050.349.944.1
EBITA  150.4127.257.432.3
            EBITA margin  20.6%20.1%12.3%9.7%
Amortization of intangibles  80.889.277.159.9
EBIT   [+]69.638.0-19.6-27.6
            EBIT margin  9.5%6.0%-4.2%-8.3%
Interest expense, net   [+]78.0116.5118.055.6
Other income (expense), net   [+]3.7-55.2-16.5-10.9
Pre-tax income  -4.6-133.6-154.1-94.2
Income taxes  19.7-10.6-55.7-3.6
            Tax rate   7.9%36.1%3.8%
Net income  -24.4-123.0-98.4-90.5
            Net margin  -3.3%-19.5%-21.0%-27.1%
   
Basic EPS   [+]($0.19)($1.63)($3.47)($3.23)
Diluted EPS   [+]($0.19)($1.63)($3.47)($3.23)
   
Shares outstanding (basic)   [+]128.875.728.428.0
Shares outstanding (diluted)   [+]128.875.728.428.0
   
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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