Adma Biologics (ADMA) FY2017 results: revenue $23 million, up 113.5% on the year
Adma Biologics, Inc. (ADMA) reported revenue of $23 million for fiscal 2017, the year ended 31 December 2017, up 113.5% on the year before. Net income was -$44 million, and diluted earnings per share $-1.91. The figures are the company's own, from the 10-K it filed with the SEC on 29 March 2018.
Revenue
$23 million
+113.5% on the year
FY2011FY2017
Operating margin
-172.7%
-162.6% a year earlier
FY2011FY2017
Net income
-$44 million
FY2011FY2017
Diluted EPS
-$1.91
FY2011FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
22.8
10.7
7.2
+113.5%
Cost of revenue
29.2
1.6
4.3
+1,715.3%
Gross profit
-6.4
4.3
2.9
Gross margin
-28.1%
40.3%
39.9%
Research and development
5.6
7.7
7.0
-27.6%
Operating income
-39.3
-17.3
-15.5
Operating margin
-172.7%
-162.6%
-216.1%
Interest expense
3.3
2.2
1.8
+46.7%
Pre-tax income
n/a
-19.5
-18.0
Income tax
0.0
0.0
0.0
Net income
-43.8
-19.5
-18.0
Net margin
-192.3%
-183.1%
-250.4%
Diluted EPS
-$1.91
-$1.61
-$1.73
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
-37.3
-18.3
-15.4
Capital expenditure
2.7
0.1
0.0
+3,545.7%
Free cash flow
-39.9
-18.3
-15.4
Free cash flow margin
-175.5%
-172.1%
-215.2%
Cash from investing
15.2
0.9
-1.7
+1,581.9%
Cash from financing
60.8
16.8
10.4
+260.8%
Depreciation and amortisation
1.5
0.4
0.5
+275.0%
Share-based compensation
1.6
1.3
1.7
+24.9%
Shares outstanding at period end
37m
13m
11m
+185.0%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
40.3
-4.5
0.8
Debt
43.0
20.2
14.2
+112.5%
Other liabilities
24.7
7.9
8.6
+212.1%
Total liabilities and equity
108
23.7
23.7
+356.1%
Fixed assets
30.5
2.0
2.4
+1,422.7%
Goodwill
3.5
0.0
n/a
Intangible assets
4.8
0.0
n/a
Investments
0.0
5.4
6.4
Cash and equivalents
43.1
9.9
10.4
+334.8%
Receivables
3.9
1.0
0.9
+281.1%
Inventory
12.6
5.0
3.4
+151.6%
Other assets
9.6
0.3
0.1
+2,702.1%
Total assets
108
23.7
23.7
+356.1%
10-K for the year ended 31 December 2017, filed 29 March 2018: the filing.