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VIVUS INC (VVUS)

Income Statement Business | Product | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Qsymia—Net product revenue         2.0
Total revenues   [+]69.865.165.4124.395.4114.281.12.0
            Revenue growth  7.2%-0.5%-47.4%30.2%-16.4%40.8%3929.9% 
Cost of goods sold  15.714.616.69.934.233.44.90.2
Gross profit  54.150.448.7114.461.380.876.21.8
            Gross margin  77.5%77.5%74.5%92.1%64.2%70.8%94.0%90.7%
Selling, general and administrative   [+]40.037.940.152.479.4111.5158.2109.7
Research and development  10.57.35.35.610.113.829.732.1
Other operating expenses     0.7    
EBITDA   [+]3.75.43.656.8-26.8-43.4-109.5-139.6
            EBITDA margin  5.4%8.3%5.5%45.7%-28.1%-38.0%-135.1%-6940.1%
Depreciation  0.20.20.30.41.41.11.00.3
EBITA  3.65.23.356.4-28.2-44.5-110.5-139.9
            EBITA margin  5.1%7.9%5.1%45.4%-29.6%-39.0%-136.3%-6953.5%
Amortization of intangibles  14.68.60.50.7    
EBIT   [+]-11.0-3.52.855.7-28.2-44.5-110.5-139.9
            EBIT margin  -15.7%-5.3%4.3%44.8%-29.6%-39.0%-136.3%-6953.5%
Non-recurring items   [+]    32.16.244.1 
Interest expense  20.733.933.232.933.332.519.50.2
Other income (expense), net   [+]0.20.5-0.10.60.50.0-0.70.4
Pre-tax income  -31.5-36.9-30.523.4-93.1-83.3-174.8-139.7
Income taxes  0.00.10.00.10.0-0.60.10.0
            Tax rate     0.3% 0.8%  
Net income  -31.5-37.0-30.523.3-93.1-82.6-174.5-139.9
            Net margin  -45.2%-56.8%-46.7%18.8%-97.6%-72.4%-215.2%-6952.3%
   
Basic EPS   [+]($2.96)($3.48)($2.89)$2.23($0.90)($0.80)($1.73)($1.42)
Diluted EPS   [+]($2.96)($3.48)($2.89)$2.22($0.90)($0.80)($1.73)($1.42)
   
Shares outstanding (basic)   [+]10.610.610.610.4103.9103.5101.298.3
Shares outstanding (diluted)   [+]10.610.610.610.5103.9103.5101.298.3
   
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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