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Income Statement
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Common Size IS
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Apollo Medical Holdings, Inc. (AMEH)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Mar-31-17Dec-31-16
   10-K/A10-K/A10-K/A10-K10-K10-K10-K10-K
Revenues   [+]1,144.2773.9687.2560.6519.9356.457.4305.9
            Revenue growth  47.8%12.6%22.6%7.8%45.9%16.5%30.4% 
Cost of goods sold  962.2613.7557.6467.8361.1273.548.7254.8
Gross profit  181.9160.3129.692.8158.882.98.751.2
            Gross margin  15.9%20.7%18.9%16.6%30.5%23.3%15.1%16.7%
Selling, general and administrative   [+]77.762.149.141.543.426.218.621.0
Equity in earnings  5.6-4.33.7-6.9-8.1-1.1 4.7
Other operating expenses     -1.43.9-0.9-0.2 
EBITDA   [+]127.4111.4102.545.8103.456.5-9.634.9
            EBITDA margin  11.1%14.4%14.9%8.2%19.9%15.8%-16.7%11.4%
Depreciation  3.82.12.42.02.21.60.618.1
EBITA  123.6109.3100.243.8101.254.9-10.216.8
            EBITA margin  10.8%14.1%14.6%7.8%19.5%15.4%-17.8%5.5%
Amortization of intangibles  13.715.416.016.317.117.50.0 
EBIT   [+]109.993.984.227.584.137.4-10.316.8
            EBIT margin  9.6%12.1%12.3%4.9%16.2%10.5%-17.9%5.5%
Non-recurring items   [+]   2.03.83.40.20.3
Interest expense, net   [+]5.93.86.72.7-0.7-0.90.1-0.4
Other income (expense), net   [+]-17.3-12.3100.93.01.614.71.92.0
Pre-tax income  86.677.7178.425.882.649.7-8.718.8
Income taxes  40.931.756.38.222.43.90.08.8
            Tax rate  47.2%40.8%31.6%31.6%27.1%7.8%0.5%46.8%
Minority interest  0.6-22.984.43.649.420.00.3-1.4
Net income  45.268.937.714.110.825.8-9.011.5
            Net margin  3.9%8.9%5.5%2.5%2.1%7.2%-15.6%3.7%
   
Basic EPS   [+]$1.00$1.57$1.03$0.41$0.33$1.01($1.49)$0.46
Diluted EPS   [+]$0.99$1.52$1.01$0.39$0.29$0.90($1.49)$0.41
   
Dividends per share   [+]$0.31$0.71$1.40$1.78$0.54$0.41 $1.08
   
Shares outstanding (basic)   [+]45.043.836.534.732.925.56.024.7
Shares outstanding (diluted)   [+]45.645.437.436.437.928.76.028.0
   
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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