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Income Statement
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Op Efficiency
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AOXING PHARMACEUTICAL COMPANY, INC. (AXN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-16Jun-30-15Jun-30-14Jun-30-13Jun-30-12Jun-30-11Jun-30-10Jun-30-09
   10-K10-K10-K10-K10-K10-K10-K/A10-K
Revenues  32.325.512.710.88.16.76.18.9
            Revenue growth  26.9%100.0%17.6%33.1%22.3%8.8%-31.6%26.6%
Cost of goods sold  7.85.76.94.63.23.32.35.1
Gross profit  24.619.85.86.34.93.33.83.8
            Gross margin  75.9%77.7%45.6%57.9%60.2%50.0%61.7%42.6%
Selling, general and administrative   [+]14.710.28.010.84.96.75.25.0
Research and development  3.10.30.61.50.60.91.50.7
Equity in earnings  0.10.10.10.10.1   
Other operating expenses  0.0     0.62.1
EBITDA   [+]7.39.5-2.2-5.30.1-3.7-2.5 
            EBITDA margin  22.7%37.1%-17.6%-49.1%0.8%-55.7%-40.3% 
Depreciation and amortization  1.00.71.01.11.11.21.1 
EBIT   [+]6.38.8-3.2-6.4-1.0-4.9-3.6-4.0
            EBIT margin  19.5%34.5%-25.4%-59.4%-12.5%-73.0%-58.6%-44.8%
Non-recurring items   [+]   7.713.4  2.3
Interest expense  3.55.85.23.01.91.72.41.9
Other income (expense), net   [+]0.00.1-0.2-0.20.42.25.12.3
Pre-tax income  2.93.1-8.6-17.3-15.9-4.4-0.9-6.0
Income taxes  0.6-2.70.00.0-0.13.4-0.1-3.3
            Tax rate  22.3% 0.0%0.0%0.4% 6.9%54.9%
Minority interest  0.20.30.40.5-0.1-0.4  
Net income  2.15.5-8.6-17.3-15.8-7.4-0.8-2.7
            Net margin  6.4%21.6%-67.8%-159.7%-194.5%-111.4%-13.8%-30.1%
   
Basic EPS   [+]$0.03$0.09($0.17)($0.35)($0.32)($0.16)($0.02)($0.07)
Diluted EPS   [+]$0.03$0.09($0.17)($0.35)($0.32)($0.16)($0.02)($0.07)
   
Shares outstanding (basic)   [+]73.763.149.949.749.346.645.641.2
Shares outstanding (diluted)   [+]75.563.249.949.749.346.645.641.2
   
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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