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Income Statement
Balance Sheet
Cash Flow Statement
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Common Size IS
Op Efficiency
Credit Analysis

Wave Life Sciences Ltd. (WVE)

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-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K/A
Revenues  3.641.020.116.014.43.91.10.2
            Revenue growth  -91.1%104.0%25.6%10.9%270.3%256.5%618.4% 
Cost of goods sold  0.00.00.00.00.00.00.09.1
Gross profit  3.641.020.116.014.43.91.1-8.9
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%100.0%-5858.6%
Selling, general and administrative   [+]166.4168.042.548.939.527.016.010.4
Research and development    130.9175.4134.479.340.8 
Other operating expenses  -3.2-9.1      
EBITDA   [+]  -145.3-200.7-153.9-100.2-54.9-18.7
            EBITDA margin  -4372.8%-287.8%-723.5%-1255.9%-1068.0%-2574.8%-5030.8%-12305.3%
Depreciation and amortization    8.17.65.62.20.80.6
EBIT   [+]-159.6-117.9-153.4-208.3-159.5-102.4-55.7-19.3
            EBIT margin  -4372.8%-287.8%-763.9%-1303.4%-1106.7%-2630.1%-5102.6%-12696.1%
Interest income    0.64.93.41.60.30.1
Other income (expense), net  -1.6-4.62.19.79.5-0.30.20.1
Pre-tax income  -161.1-122.4-150.8-193.6-146.6-101.1-55.2-19.2
Income taxes  0.7-0.2-0.80.00.10.80.50.0
            Tax rate   0.2%0.6%0.0%    
Net income  -161.8-122.2-149.9-193.6-146.7-102.0-55.7-19.2
            Net margin  -4434.7%-298.4%-746.7%-1211.5%-1017.4%-2619.6%-5097.1%-12631.6%
   
Basic EPS   [+]($2.05)($2.36)($3.82)($5.72)($5.06)($3.85)($2.44) 
Diluted EPS   [+]($2.05)($2.36)($3.82)($5.72)($5.06)($3.85)($2.44) 
   
Shares outstanding (basic)   [+]78.951.839.233.929.026.522.8 
Shares outstanding (diluted)   [+]78.951.839.233.929.026.522.8 
   
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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