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Lightning Gaming, Inc.

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-K/A10-K10-K10-K
Revenues:  
    License and service fees      2.3   
    Sales of gaming products and parts     2.63.40.60.50.9
    Other     4.4 2.22.53.2
Total revenues   [+]0.25.80.07.05.72.83.04.1
            Revenue growth   [+]-96.0%29060.2%-99.7%23.5%103.7%-8.2%-25.1%7.6%
Cost of goods sold   [+]1.60.31.11.92.20.60.71.3
Gross profit  -1.45.5-1.15.13.52.22.32.8
            Gross margin  -600.9%94.5%-5647.5%72.9%61.6%79.4%76.6%68.4%
Selling, general and administrative  2.32.01.62.71.92.02.02.1
Research and development  0.60.40.40.40.40.40.40.5
Other operating expenses  -4.42.7-2.9   0.30.5
EBITDA   [+]0.10.5-0.22.01.2   
            EBITDA margin  60.2%8.2%-1207.5%28.4%21.0%-8.1%-12.9%-8.2%
Depreciation and amortization  0.00.00.00.70.1   
EBIT   [+]0.10.4-0.31.31.1-0.2-0.4-0.3
            EBIT margin  45.9%7.6%-1275.4%18.8%19.5%-8.1%-12.9%-8.2%
Interest expense  0.60.70.90.60.10.0 0.3
Other income (expense), net   [+]0.4-0.60.7-0.40.0  0.6
Pre-tax income  -0.1-0.9-0.40.31.0-0.2-0.40.0
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% 
Net income  -0.1-0.9-0.40.31.0-0.2-0.40.0
            Net margin  -64.8%-15.8%-2228.7%4.1%17.9%-8.2%-12.9%0.0%
   
Basic EPS   [+]($0.03)($0.20)($0.10)$0.06$0.20($0.05)($0.08)$0.00
Diluted EPS   [+]($0.03)($0.20)($0.10)$0.05$0.20($0.05)($0.08)$0.00
   
Shares outstanding (basic)   [+]4.64.64.64.65.04.74.713.5
Shares outstanding (diluted)   [+]4.64.64.65.55.04.74.713.5
   
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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