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PDF SOLUTIONS INC (PDFS)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  148.5111.188.085.685.8101.9107.598.0
            Revenue growth  33.8%26.1%2.9%-0.2%-15.8%-5.2%9.7%-2.2%
Cost of goods sold   [+]47.944.236.833.542.847.544.439.0
Gross profit  100.666.951.352.143.054.463.059.0
            Gross margin  67.8%60.2%58.2%60.9%50.1%53.4%58.6%60.2%
Selling, general and administrative  45.337.632.726.323.923.722.120.4
Research and development  56.143.834.732.728.030.127.619.1
Other operating expenses   3.2   0.40.40.2
EBITDA   [+]6.9-9.4-8.6-2.7-3.45.817.422.3
            EBITDA margin  4.7%-8.5%-9.8%-3.2%-4.0%5.7%16.2%22.7%
Depreciation  5.56.26.73.65.04.83.62.6
EBITA  1.4-15.7-15.3-6.3-8.41.113.819.6
            EBITA margin  0.9%-14.1%-17.4%-7.4%-9.8%1.0%12.8%20.0%
Amortization of intangibles  3.53.31.41.21.00.90.80.4
EBIT   [+]-2.1-19.0-16.8-7.5-9.40.213.019.2
            EBIT margin  -1.4%-17.1%-19.1%-8.8%-10.9%0.2%12.1%19.6%
Non-recurring items     0.10.6   
Other income (expense), net  2.60.7-1.30.30.5-0.30.00.2
Pre-tax income  0.5-18.3-18.1-7.4-9.5-0.113.019.4
Income taxes  3.93.222.3-1.9-1.71.33.97.0
            Tax rate  829.6%  26.4%18.4% 29.7%36.1%
Net income  -3.4-21.5-40.4-5.4-7.7-1.39.112.4
            Net margin  -2.3%-19.3%-45.8%-6.3%-9.0%-1.3%8.5%12.7%
   
Basic EPS   [+]($0.09)($0.58)($1.17)($0.17)($0.24)($0.04)$0.29$0.39
Diluted EPS   [+]($0.09)($0.58)($1.17)($0.17)($0.24)($0.04)$0.28$0.39
   
Shares outstanding (basic)   [+]37.337.134.532.432.232.031.431.4
Shares outstanding (diluted)   [+]37.337.134.532.432.232.032.432.2
   
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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