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MYRIAD GENETICS INC (MYGN)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Jun-30-20Jun-30-19Jun-30-18Jun-30-17Jun-30-16Jun-30-15
   10-K8-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Diagnostics    593.5 690.4679.4 695.5
    Other    45.1 53.349.3 27.6
Total revenues   [+]690.6557.1638.6851.1743.7728.7740.5723.1
            Revenue growth   [+]24.0% -25.0%14.4%2.1%-1.6%2.4%-7.1%
Cost of goods sold  197.6276.6183.3201.0116.0170.4157.3132.8
Gross profit  493.0280.5455.3650.1627.7558.3583.2590.3
            Gross margin  71.4%50.4%71.3%76.4%84.4%76.6%78.8%81.6%
Selling, general and administrative  537.8496.9510.1556.6435.0439.9359.2366.0
Research and development  81.973.377.285.970.874.470.675.5
Other operating expenses  1.8 2.8-1.1   14.6
EBITDA   [+]-65.7-218.3-62.881.7176.392.3180.2159.2
            EBITDA margin  -9.5%-39.2%-9.8%9.6%23.7%12.7%24.3%22.0%
Depreciation  12.171.411.013.717.115.014.112.3
EBITA  -77.8-289.7-73.868.0159.277.3166.1146.9
            EBITA margin  -11.3%-52.0%-11.6%8.0%21.4%10.6%22.4%20.3%
Amortization of intangibles  50.7 61.059.337.333.312.712.7
EBIT   [+]-128.5-289.7-134.88.7121.944.0153.4134.2
            EBIT margin  -18.6%-52.0%-21.1%1.0%16.4%6.0%20.7%18.6%
Non-recurring items  62.0 96.91.1    
Interest expense, net   [+]5.9 7.88.81.44.8-0.6-0.2
Other income (expense), net   [+]139.36.116.21.2-0.4-3.02.00.5
Pre-tax income  -57.1-283.6-223.30.0120.136.2156.0134.9
Income taxes  -29.9-59.9-23.7-4.4-13.019.038.854.7
            Tax rate  52.4%21.1%10.6%  52.5%24.9%40.5%
Minority interest   -0.1-0.1-0.2-0.2-0.2  
Net income  -27.2-223.7-199.54.6133.317.4117.280.2
            Net margin  -3.9%-40.2%-31.2%0.5%17.9%2.4%15.8%11.1%
   
Basic EPS   [+]($0.35)($223.60)($2.69)$0.06$1.92$0.25$1.67$1.12
Diluted EPS   [+]($0.35)($223.60)($2.69)$0.06$1.85$0.25$1.60$1.08
   
Shares outstanding (basic)   [+]78.01.074.373.569.468.370.071.3
Shares outstanding (diluted)   [+]78.01.074.376.072.068.873.474.5
   
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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