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Zymergen Inc. (ZY)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19
   8-K8-KS-1/A
Revenues  16.713.30.0
            Revenue growth  26.0%  
Cost of goods sold  69.784.8102.6
Gross profit  -53.0-71.5-102.6
            Gross margin  -316.4%-538.5% 
Selling, general and administrative   [+]106.778.785.4
Research and development  159.190.950.7
Other operating expenses    -1.6
EBITDA   [+]  -221.9
            EBITDA margin  -1903.8%-1814.9% 
Depreciation and amortization    15.2
EBIT   [+]-318.8-241.1-237.1
            EBIT margin  -1903.8%-1814.9% 
Non-recurring items  28.8  
Interest income, net   [+]0.10.52.0
Other income (expense), net   [+]-14.2-21.6-1.7
Pre-tax income  -361.7-262.2-236.8
Income taxes  0.10.00.0
            Tax rate   0.0%0.0%
Net income  -361.8-262.20.0
            Net margin  -2160.8%-1973.8% 
   
Basic EPS   [+]($4.89)($21.46)$0.00
Diluted EPS   [+]($4.87)($21.46)$0.00
   
Shares outstanding (basic)   [+]74.012.210,791.7
Shares outstanding (diluted)   [+]74.312.210,791.7
   
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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