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ImmunityBio, Inc. (NK)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    United States  0.40.52.0   0.20.4
    Other Non-U.S.        0.00.1
    Other  0.60.10.2   0.00.2
Total revenues  0.90.62.20.00.00.00.20.6
            Revenue growth   [+]54.4%-72.5%4585.1%4.4%2.3%-81.4%-63.2%6.8%
Cost of goods sold  0.00.00.00.00.00.00.00.0
Gross profit  0.90.62.20.00.00.00.20.6
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Selling, general and administrative  135.371.346.542.757.195.4227.74.6
Research and development  196.0139.5112.055.742.029.211.41.6
Equity in earnings  -0.8       
EBITDA   [+]-316.8-197.5-142.2-88.8-93.6-120.9-237.4-5.5
            EBITDA margin  -33923.4%-32641.5%-6458.2%-189008.5%-207897.8%-274756.8%-100594.9%-864.1%
Depreciation  14.212.714.07.33.31.00.20.0
EBITA  -331.1-210.2-156.3-96.1-96.8-121.9-237.6-5.6
            EBITA margin  -35447.9%-34747.1%-7095.9%-204444.7%-215155.6%-277045.5%-100667.8%-869.7%
Amortization of intangibles     2.32.32.61.3 
EBIT   [+]-331.1-210.2-156.3-98.4-99.1-124.5-238.9-5.6
            EBIT margin  -35447.9%-34747.1%-7095.9%-209338.3%-220266.7%-282954.5%-101218.6%-869.7%
Non-recurring items   [+] 10.7      
Interest expense, net   [+]14.89.15.9-1.9-2.7-3.1-3.00.5
Other income (expense), net   [+]-3.93.91.9-0.2-0.50.0-1.3-0.2
Pre-tax income  -349.8-226.0-160.3-96.7-96.9-121.4-237.2-6.2
Income taxes  0.0-1.8-0.1-0.5-0.5-0.6-0.30.0
            Tax rate   0.8%0.1%0.5%0.5%0.5%0.1% 
Minority interest  -3.1-2.3-2.4     
Net income  -346.8-221.9-157.8-96.2-96.4-120.8-236.9-6.2
            Net margin  -37129.6%-36669.6%-7165.2%-204736.2%-214273.3%-274565.9%-100371.2%-964.9%
   
Basic EPS   [+]($0.89)($0.59)($0.43)($1.22)($1.20)($1.47)($3.31)($0.75)
Diluted EPS   [+]($0.89)($0.59)($0.43)($1.22)($1.20)($1.47)($3.31)($0.75)
   
Shares outstanding (basic)   [+]389.2377.1366.379.180.682.071.58.2
Shares outstanding (diluted)   [+]389.2377.1366.379.180.682.071.58.2
   
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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