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Arcus Biosciences, Inc. (RCUS)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16
   10-K10-K10-K10-K10-K10-K10-K
Revenues:  
Total revenues  112.0383.078.015.08.41.40.0
            Revenue growth   [+]-70.8%391.0%420.0%79.6%491.2%  
Cost of goods sold  0.00.00.00.00.00.00.0
Gross profit  112.0383.078.015.08.41.40.0
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0% 
Selling, general and administrative   [+]392.0329.0202.025.213.67.63.9
Research and development     78.549.647.214.2
Equity in earnings     -1.2-0.9-0.4 
Other operating expenses  -34.0-2.0-2.0    
EBITDA   [+]-240.060.0-119.0-86.3-52.1-51.2-16.9
            EBITDA margin  -214.3%15.7%-152.6%-575.6%-623.5%-3626.7% 
Depreciation and amortization  6.04.03.03.63.72.61.3
EBIT   [+]-246.056.0-122.0-89.9-55.7-53.9-18.2
            EBIT margin  -219.6%14.6%-156.4%-599.4%-667.4%-3811.5% 
Non-recurring items  6.0      
Interest income     5.24.9  
Other income (expense), net  -14.0-1.0-1.0 1.20.80.2
Pre-tax income  -266.055.0-123.0-84.7-49.6-53.1-18.0
Income taxes  1.02.00.00.00.00.00.0
            Tax rate   3.6%0.0%0.0%0.0%0.0%0.0%
Net income  -267.053.0-123.0-84.7-49.6-53.1-18.0
            Net margin  -238.4%13.8%-157.7%-564.7%-593.7%-3756.7% 
   
Basic EPS   [+]($3.71)$0.76($2.24)($1.93)($1.43)($29.03)($20.80)
Diluted EPS   [+]($3.71)$0.72($2.24)($1.93)($1.43)($13.66)($5.33)
   
Shares outstanding (basic)   [+]72.069.354.843.834.61.80.9
Shares outstanding (diluted)   [+]72.074.054.843.834.63.93.4
   
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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