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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

ALCOBRA LTD. (ARCT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11
   10-K10-K20-F20-F20-F20-F20-F20-F
Revenues  15.813.020.46.166.220.63.07.8
            Revenue growth  21.2%-36.2%232.1%-90.7%221.5%585.5%-61.6% 
Cost of goods sold  0.00.00.00.00.00.00.00.0
Gross profit  15.813.020.46.166.220.63.07.8
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Selling, general and administrative   [+]20.67.63.42.65.83.20.72.1
Research and development  17.015.917.95.525.17.10.81.8
Equity in earnings  -0.3       
Other operating expenses      2.1   
EBITDA   [+]-21.5-10.1-0.7-1.733.110.31.53.9
            EBITDA margin  -136.7%-77.6%-3.5%-28.0%50.0%50.0%50.2%50.1%
Depreciation and amortization  0.60.40.30.20.00.00.00.0
EBIT   [+]-22.1-10.5-1.0-1.933.110.31.53.9
            EBIT margin  -140.4%-80.7%-4.9%-31.2%50.0%50.0%50.0%50.0%
Interest expense, net   [+]    0.0-0.2-0.10.0
Other income (expense), net  0.3-0.4-0.20.3-0.20.20.1 
Pre-tax income  -21.8-10.9-1.5-1.932.910.51.63.9
Income taxes  0.00.00.00.00.0-0.10.00.0
            Tax rate  0.0%   0.1% 0.0%0.0%
Net income  -21.8-10.9-1.6-1.932.810.51.64.1
            Net margin  -138.3%-83.9%-7.7%-31.0%49.6%51.3%52.6%52.6%
   
Basic EPS   [+]($2.16)($3.53)($0.77)($0.94)$2.40$1.04$0.20$0.52
Diluted EPS   [+]($2.16)($3.53)($0.77)($0.94)$2.40$1.04$0.20$0.52
   
Shares outstanding (basic)   [+]10.13.12.02.013.710.27.87.8
Shares outstanding (diluted)   [+]10.13.12.02.013.710.27.87.8
   
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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