Innoviva (INVA) FY2015 results: revenue $54 million, up 539.7% on the year
Innoviva, Inc. (INVA) reported revenue of $54 million for fiscal 2015, the year ended 31 December 2015, up 539.7% on the year before. Net income was -$19 million, and diluted earnings per share $-0.16. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2016.
Revenue
$54 million
+539.7% on the year
FY2009FY2015
Operating margin
58.5%
-402.3% a year earlier
FY2009FY2015
Net income
-$19 million
FY2009FY2015
Diluted EPS
-$0.16
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
53.9
8.4
4.5
+539.7%
Research and development
2.6
7.5
9.0
-65.1%
Selling, general and administrative
n/a
n/a
48.4
Operating income
31.6
-33.9
-28.8
Operating margin
58.5%
-402.3%
-635.4%
Interest expense
51.8
36.9
9.3
+40.4%
Pre-tax income
-18.8
-73.5
-30.6
Income tax
0.0
0.0
0.0
Net income
-18.8
-168
-171
Net margin
-34.8%
-1997.7%
-3766.6%
Diluted EPS
-$0.16
-$1.50
-$1.67
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
10.1
-131
-130
Capital expenditure
0.0
0.7
2.7
-99.0%
Free cash flow
10.1
-131
-132
Free cash flow margin
18.8%
-1558.3%
-2920.0%
Cash from investing
159
-65.1
-220
Cash from financing
-107
149
398
Depreciation and amortisation
13.9
12.2
3.5
+14.4%
Share-based compensation
6.9
27.4
25.7
-74.9%
Buybacks
25.6
0.0
0.0
Dividends paid
87.3
57.0
0.0
+53.2%
Dividend per share
$0.75
$0.50
$0.00
+50.0%
Diluted shares, weighted
115m
112m
n/a
+3.0%
Shares outstanding at period end
n/a
n/a
112m
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
-343
-223
299
Debt
748
726
288
+3.1%
Other liabilities
3.3
19.4
94.6
-82.9%
Total liabilities and equity
409
522
681
-21.6%
Fixed assets
0.2
0.3
10.2
-31.8%
Intangible assets
n/a
n/a
124
Investments
28.1
187
377
-84.9%
Cash and equivalents
159
96.8
144
+64.4%
Receivables
n/a
0.0
0.2
Inventory
n/a
0.0
10.4
Other assets
221
238
15.7
-7.0%
Total assets
409
522
681
-21.6%
10-K for the year ended 31 December 2015, filed 24 February 2016: the filing.