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ORE PHARMACEUTICAL HOLDINGS INC. (ORXE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-09Dec-31-08Dec-31-07Dec-31-06Sep-30-06Dec-31-05Dec-31-04Dec-31-03
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Genomics Services      24.3 52.252.0
    Drug Repositioning Services      0.0   
    Other         17.6
Total revenues   [+]0.22.011.98.424.36.652.269.5
            Revenue growth   [+]-91.0%-83.6%41.1%28.3% -87.4%-25.0%26.7%
Cost of goods sold  2.59.810.38.442.56.644.367.6
Gross profit  -2.3-7.91.60.0-18.20.07.92.0
            Gross margin  -1310.9%-403.7%13.5%0.0%-74.7%0.0%15.1%2.8%
Selling, general and administrative  7.212.711.112.222.413.219.222.2
Research and development          
Equity in earnings  0.6-3.0      
Other operating expenses    10.38.4 6.0  
EBITDA   [+]-8.8-22.5-18.7-19.3 -18.21.9-3.5
            EBITDA margin  -5020.6%-1156.3%-157.3%-229.3%-166.8%-277.2%3.7%-5.0%
Depreciation and amortization  0.11.01.11.3 1.013.316.8
EBIT   [+]-8.9-23.5-19.8-20.5-40.6-19.1-11.4-20.2
            EBIT margin  -5082.9%-1206.3%-166.7%-244.4%-166.8%-291.9%-21.8%-29.1%
Non-recurring items   [+] -0.1    8.8 
Interest expense, net   [+]-0.5-0.82.02.7 2.61.41.7
Other income (expense), net   0.14.05.12.44.52.8-0.6
Pre-tax income  -8.4-22.5-17.8-18.1-38.3-17.2-18.8-22.5
Income taxes  0.00.016.936.60.031.10.32.2
            Tax rate  0.0%0.0%  0.0%   
Net income  -8.4-22.5-34.7-54.7-54.7-48.3-28.5-24.8
            Net margin  -4790.3%-1151.8%-292.6%-651.1%-224.7%-737.2%-54.7%-35.6%
   
Basic EPS   [+]($1.53)($3.97)($5.44)($1.72)($1.20)($1.52)($0.61)($0.82)
Diluted EPS   [+]($1.53)($3.97)($5.44)($1.72)($1.20)($1.52)($0.61)($0.82)
   
Shares outstanding (basic)   [+]5.55.76.431.831.831.731.530.1
Shares outstanding (diluted)   [+]5.55.76.431.831.831.731.530.1
   
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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