Akers Biosciences revenue breakdown by business segment: 99.9% from Product and 0.1% from Other
USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|
Revenue | 4.4m | 2.1m | 3.0m | 3.4m | 1.7m | 1.6m | |
Revenue growth, % | (52%) | 40% | |||||
Cost of goods sold | 1.2m | 115.4k | 138.7k | 136.1k | 1.5m | 1.1m | |
Gross profit | 3.3m | 2.0m | 2.8m | 3.2m | 127.3k | 478.7k | |
Gross profit Margin, % | 73% | 95% | 95% | 96% | 8% | 30% | |
Sales and marketing expense | 1.3m | 2.5m | 2.0m | 1.8m | 1.8m | 238.0k | 23.0k |
R&D expense | 916.3k | 1.4m | 1.2m | 1.2m | 1.1m | 276.8k | 8.0m |
General and administrative expense | 3.8m | 4.0m | 3.0m | 4.1m | 5.7m | 3.7m | 4.3m |
Operating expense total | 6.5m | 10.8m | 5.2m | 7.6m | 10.2m | 4.4m | 12.3m |
Depreciation and amortization | 236.7k | 171.1k | 171.1k | 171.1k | 40.0k | ||
EBIT | (3.2m) | (9.7m) | (3.3m) | (6.6m) | (10.1m) | (3.9m) | (12.3m) |
EBIT margin, % | (72%) | (458%) | (112%) | (197%) | (604%) | (250%) | |
Interest expense | 788.6k | ||||||
Interest income | 69.6k | 102.5k | 21.7k | ||||
Pre tax profit | (3.1m) | (9.3m) | (3.3m) | (7.4m) | (10.8m) | (3.9m) | (12.2m) |
Income tax expense | 1.3m | (269.3k) | 895.0k | (6.0m) | (2.9m) | (738.0k) | (2.0m) |
Net Income | (3.1m) | (9.3m) | (3.3m) | (7.4m) | (10.8m) | (3.9m) | (17.6m) |
USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|
Cash | 455.8k | 402.1k | 72.7k | 438.4k | 181.8k | 517.4k | 18.6m |
Accounts Receivable | 2.0m | 609.2k | 601.3k | 964.7k | 176.3k | 42.9k | 1.2m |
Prepaid Expenses | 145.5k | 444.4k | 387.2k | 294.3k | |||
Inventories | 905.1k | 1.1m | 2.0m | 947.6k | 585.3k | 199.0k | |
Current Assets | 13.1m | 6.5m | 3.2m | 7.8m | 6.7m | 10.3m | 36.8m |
PP&E | 201.5k | 251.1k | 259.4k | 235.1k | 83.5k | 33.6k | |
Total Assets | 16.7m | 8.3m | 5.1m | 9.3m | 7.8m | 10.9m | 36.8m |
Accounts Payable | 1.5m | 1.7m | 97.8m | 1.7m | 2.0m | 1.5m | 2.2m |
Current Liabilities | 1.8m | 1.7m | 1.7m | 1.8m | 1.5m | 2.3m | |
Total Liabilities | 1.8m | 1.7m | 1.7m | 1.8m | 2.0m | 1.5m | 2.3m |
Common Stock | 99.7m | 100.8m | 110.6m | 121.6m | 128.9m | 171.6m | |
Preferred Stock | 1.8m | ||||||
Retained Earnings | (84.9m) | (94.2m) | (97.5m) | (104.8m) | (115.7m) | (119.6m) | (137.2m) |
Total Equity | 14.8m | 6.6m | 3.4m | 7.6m | 5.8m | 9.4m | 34.6m |
Financial Leverage | 1.1 x | 1.3 x | 1.5 x | 1.2 x | 1.3 x | 1.2 x | 1.1 x |
USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|
Net Income | (3.1m) | (9.3m) | (3.3m) | (7.4m) | (10.8m) | (3.9m) | (12.2m) |
Depreciation and Amortization | 349.4k | 300.0k | 286.2k | 249.9k | 234.5k | 74.1k | 29.5k |
Accounts Receivable | (1.9m) | 513.6k | (138.3k) | (813.4k) | 631.5k | 128.1k | 42.9k |
Inventories | 123.0k | (226.5k) | (187.2k) | (119.6k) | (83.3k) | 14.3k | 1.3k |
Accounts Payable | 538.0k | 827.6k | (205.4k) | 281.9k | 188.5k | (443.7k) | 733.5k |
Cash From Operating Activities | (3.9m) | (5.1m) | (4.2m) | (5.1m) | (8.5m) | (3.1m) | (11.9m) |
Purchases of PP&E | (25.0k) | (113.0k) | (123.3k) | (54.5k) | (68.2k) | ||
Cash From Investing Activities | (9.3m) | 5.1m | 3.8m | (5.0m) | (344.5k) | (3.9m) | (8.8m) |
Short-term Borrowings | (307.5k) | ||||||
Dividends Paid | (15.8k) | ||||||
Cash From Financing Activities | 13.5m | 10.5m | 9.1m | 7.0m | 38.7m | ||
Net Change in Cash | 352.2k | (53.8k) | (329.4k) | 365.7k | 243.3k | (49.2k) | 18.0m |
Income Taxes Paid | 1.3m | 2.1k |
USD | Q1, 2014 |
---|---|
Financial Leverage | 1.1 x |