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ORTHOPEDIATRICS CORP (KIDS)

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-05-18Dec-31-17Dec-31-16
   10-K10-K10-K10-K10-K8-K10-K10-K
Net revenue  122.398.071.172.657.657.645.637.3
            Net revenue growth  24.7%37.9%-2.0%26.0%26.2% 22.3%20.3%
Cost of revenue  31.624.616.017.914.9 11.210.9
    Gross profit  90.773.455.054.642.742.734.526.4
            Gross margin  74.1%74.9%77.4%75.3%74.2%74.2%75.5%70.7%
   
Operating expenses:          
Sales and marketing  45.139.731.931.326.626.620.516.7
General and administrative  59.446.138.326.720.920.917.011.6
Legal settlement expenses   0.26.3     
Impairment  3.6       
Research and development  8.05.55.35.74.74.73.42.2
    Total operating expenses  116.191.481.863.752.252.240.932.5
    Operating loss  -25.4-18.0-26.8-9.1-9.6-9.6-6.5-6.1
            Operating margin  -20.8%-18.4%-37.6%-12.5%-16.6%-16.6%-14.2%-16.4%
   
Other expenses:          
Interest expense, net  2.42.23.43.52.32.32.51.5
Fair value adjustment of contingent consideration  -25.9-1.83.5     
Other expense (income)  1.8-1.10.00.10.2-0.20.0-1.0
Total other (income) expenses  -21.7-1.76.93.62.5-0.22.5-0.6
Loss before income taxes  -3.7-17.4-33.7-12.7    
Provision for income taxes (benefit)  -4.9-1.1-0.7     
    Net income (loss)  1.3-16.3-32.9-13.7-12.0-12.0-8.9-6.6
   
Weighted average shares outstanding          
Basic (in shares)  20.719.318.114.612.612.64.01.7
Diluted (in shares)  20.919.318.114.6    
   
Net income (loss) per share          
Basic (in dollars per share)  $0.06($0.84)($1.82)($0.94)($0.96)($0.96)($5.86)($7.14)
Diluted (in dollars per share)  $0.06($0.84)($1.82)($0.94)($0.96)($0.96)($5.86)($7.14)

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