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SPECTRUM PHARMACEUTICALS INC (SPPI)

Income Statement 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
Revenues:  
    Product sales         136.9
    License fees and service revenue         25.7
Total revenues   [+]10.10.00.00.00.00.0146.4162.6
            Revenue growth   [+]     -100.0%-9.9%-13.0%
Cost of goods sold   [+]1.80.00.00.00.00.035.866.0
Gross profit  8.30.00.00.00.00.0110.696.5
            Gross margin  82.3%     75.5%59.4%
Selling, general and administrative  38.860.460.461.462.764.888.488.1
Research and development  42.287.3109.479.375.251.559.151.1
Other operating expenses        25.9 
EBITDA   [+]-72.4-147.4-169.5-139.1-109.4-88.3-36.4-10.7
            EBITDA margin  -716.3%     -24.9%-6.6%
Depreciation  0.20.30.31.628.428.00.5-6.4
EBITA  -72.7-147.7-169.7-140.7-137.8-116.3-36.9-4.3
            EBITA margin  -718.8%     -25.2%-2.6%
Amortization of intangibles        25.938.3
EBIT   [+]-72.7-147.7-169.7-140.7-137.8-116.3-62.9-42.6
            EBIT margin  -718.8%     -42.9%-26.2%
Interest expense, net   [+]1.00.1-1.3-5.00.36.89.49.1
Other income (expense), net   [+]-4.4-10.7-2.9-8.99.60.40.2-0.6
Pre-tax income  -78.1-158.4-171.3-144.6-128.6-122.7-72.1-52.2
Income taxes  0.00.0-0.1-9.2-1.921.92.30.4
            Tax rate    0.0%6.4%1.5%   
Net income  -75.4-158.6-171.3-144.6-128.6-122.7-72.1-52.6
            Net margin  -745.5%     -49.2%-32.4%
   
Basic EPS   [+]($0.43)($1.02)($1.38)($1.31)($1.24)($1.44)($0.99)($0.81)
Diluted EPS   [+]($0.43)($1.02)($1.38)($1.31)($1.24)($1.44)($0.99)($0.81)
   
   
Shares outstanding (basic)   [+]183.2154.9124.4110.6103.385.172.864.9
Shares outstanding (diluted)   [+]183.2154.9124.4110.6103.385.172.864.9
   
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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