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Income Statement
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Op Efficiency
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Cerevel Therapeutics Holdings, Inc. (CERE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-05-21Dec-31-20Dec-05-20Dec-31-19
   10-K10-K8-K10-K8-K10-K
Revenues  0.00.0161.90.0103.30.0
            Revenue growth    56.7%   
Cost of goods sold  0.00.0323.70.0206.60.0
Gross profit  0.00.0-161.90.0-103.30.0
            Gross margin    -100.0% -100.0% 
Selling, general and administrative   [+] 220.158.2149.145.883.5
Other operating expenses   1.4 -149.1 -83.5
EBITDA   [+] -218.7 0.4 0.2
            EBITDA margin    -136.0% -144.3% 
Depreciation and amortization   2.7 0.4 0.2
EBIT   [+]0.0-221.5-220.10.0-149.10.0
            EBIT margin    -136.0% -144.3% 
Interest expense, net   [+]  -0.2 -0.2 
Other income (expense), net   [+]3.9-3.9-5.4-152.2-3.3-128.3
Pre-tax income  0.0-225.3-225.3-152.2-152.2-128.3
Income taxes  0.00.00.00.00.00.0
            Tax rate   0.0%0.0%0.0%0.0% 
Net income  0.0-225.3-225.3-152.1-152.1-128.4
            Net margin    -139.2% -147.3% 
   
Basic EPS   [+] ($1.65)($225,334.00)($2.07)($148,271.00)($2.90)
Diluted EPS   [+] ($1.65)($1.56)($2.07)($2.42)($2.90)
   
Shares outstanding (basic)   [+] 136.60.073.60.044.2
Shares outstanding (diluted)   [+] 136.6144.373.663.044.2
   
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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