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Gadsden Properties, Inc. (FCRE)

Income Statement Business | Product | Geographic | Domestic/Foreign

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11
   10-K10-K10-K/A10-K10-K10-K10-K10-K
Total revenues   [+]0.00.00.075.9133.0224.7220.7132.1
            Revenue growth    -100.0%-42.9%-40.8%1.8%67.1%88.5%
Cost of goods sold   [+]0.10.00.018.426.545.046.626.3
Gross profit  0.00.00.057.5106.5179.6174.0105.8
            Gross margin  -36.6%  75.7%80.1%80.0%78.9%80.1%
Selling, general and administrative   [+]3.910.8 74.9125.9154.3143.8107.4
Research and development     1.31.83.32.91.1
Other operating expenses  -0.1       
EBITDA   [+]-3.9-10.50.3-16.8-19.228.232.9-2.1
            EBITDA margin  -9407.3%  -22.1%-14.4%12.5%14.9%-1.6%
Depreciation and amortization  0.00.30.32.02.06.15.60.6
EBIT   [+]-3.9-10.80.0-18.7-21.222.027.3-2.6
            EBIT margin  -9424.4%  -24.7%-15.9%9.8%12.4%-2.0%
Non-recurring items   [+]1.81.4 21.5    
Other income (expense), net  3.7-4.7-13.3-1.4-4.40.7-0.4-0.1
Pre-tax income  -1.9-16.9-13.3-41.6-25.622.726.9-2.7
Income taxes  0.12.50.0-1.836.34.44.4-2.0
            Tax rate    0.0%4.3% 19.2%16.5%74.4%
Minority interest  0.00.0      
Earnings from continuing ops  -4.5-16.9 -39.8-61.918.422.5-0.7
Earnings from discontinued ops  -0.2-2.5-13.39.4    
Net income  -4.7-19.4-13.3-34.6-121.518.422.5-0.7
            Net margin  -11385.4%  -45.5%-91.4%8.2%10.2%-0.5%
   
Basic EPS   [+]($0.36)($3.34)$0.00($9.84)($3.27)$0.90$1.10($0.06)
Diluted EPS   [+]($0.36)($3.34)$0.00($9.84)($3.27)$0.89$1.08($0.06)
   
Shares outstanding (basic)   [+]12.65.14.24.018.920.520.411.6
Shares outstanding (diluted)   [+]12.65.14.24.018.920.720.811.6
   
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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