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Income Statement
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OmniAb, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19
   S-1/AS-1/AS-1/A
Total revenues  34.723.318.3
            Revenue growth  49.3%27.0% 
Cost of goods sold  0.00.00.0
Gross profit  34.723.318.3
            Gross margin  100.0%100.0%100.0%
Selling, general and administrative   [+]16.910.28.7
Research and development  39.224.813.2
Other operating expenses  1.22.1-0.8
EBITDA   [+]-19.4-12.5-2.1
            EBITDA margin  -55.7%-53.7%-11.5%
Depreciation and amortization  3.31.30.6
EBITA  -22.6-13.8-2.7
            EBITA margin  -65.2%-59.4%-14.9%
Amortization of intangibles  13.011.810.3
EBIT   [+]-35.6-25.6-13.0
            EBIT margin  -102.5%-110.1%-71.1%
Interest expense  0.00.0 
Other income (expense), net   [+]1.31.9 
Pre-tax income  -34.4-23.7-13.0
Income taxes  7.36.2-0.6
            Tax rate    4.3%
Net income  -27.0-17.6-13.6
            Net margin  -77.7%-75.6%-74.2%
   
Basic EPS  ($1.53)  
Diluted EPS  ($1.53)  
   
   
Shares outstanding (basic)  17.6  
Shares outstanding (diluted)  17.6  
   
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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