
Avadel Pharmaceuticals PLC
NASDAQ:AVDL

Income Statement
Earnings Waterfall
Avadel Pharmaceuticals PLC
Revenue
|
169.1m
USD
|
Cost of Revenue
|
-15.3m
USD
|
Gross Profit
|
153.8m
USD
|
Operating Expenses
|
-196.2m
USD
|
Operating Income
|
-42.4m
USD
|
Other Expenses
|
-6.4m
USD
|
Net Income
|
-48.8m
USD
|
Income Statement
Avadel Pharmaceuticals PLC
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
15
N/A
|
43
+187%
|
87
+103%
|
132
+51%
|
173
+31%
|
177
+2%
|
167
-6%
|
152
-9%
|
150
-1%
|
167
+11%
|
174
+4%
|
182
+4%
|
173
-5%
|
154
-11%
|
137
-11%
|
117
-14%
|
103
-12%
|
86
-16%
|
75
-14%
|
69
-7%
|
59
-14%
|
55
-7%
|
48
-14%
|
33
-30%
|
22
-33%
|
10
-55%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
1
N/A
|
9
+469%
|
28
+229%
|
55
+97%
|
95
+73%
|
138
+45%
|
169
+22%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3)
|
(6)
|
(8)
|
(10)
|
(11)
|
(12)
|
(13)
|
(14)
|
(13)
|
(13)
|
(14)
|
(15)
|
(16)
|
(19)
|
(18)
|
(17)
|
(18)
|
(14)
|
(14)
|
(14)
|
(12)
|
(11)
|
(11)
|
(8)
|
(6)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(5)
|
(11)
|
(15)
|
|
Gross Profit |
12
N/A
|
37
+216%
|
79
+115%
|
122
+55%
|
162
+33%
|
165
+2%
|
154
-7%
|
138
-10%
|
137
-1%
|
153
+12%
|
160
+4%
|
167
+4%
|
157
-6%
|
135
-14%
|
119
-12%
|
100
-16%
|
86
-14%
|
72
-16%
|
60
-16%
|
55
-9%
|
47
-15%
|
44
-7%
|
37
-16%
|
25
-31%
|
17
-34%
|
7
-59%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
1
N/A
|
8
+472%
|
27
+224%
|
53
+95%
|
90
+71%
|
127
+41%
|
154
+21%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(102)
|
(96)
|
(121)
|
(162)
|
(91)
|
(99)
|
(97)
|
(83)
|
(142)
|
(128)
|
(88)
|
(53)
|
(65)
|
(91)
|
(113)
|
(134)
|
(124)
|
(105)
|
(93)
|
(76)
|
(65)
|
(61)
|
(56)
|
(56)
|
(57)
|
(55)
|
(65)
|
(77)
|
(86)
|
(99)
|
(104)
|
(95)
|
(95)
|
(98)
|
(120)
|
(145)
|
(165)
|
(201)
|
(189)
|
(191)
|
(196)
|
|
Selling, General & Administrative |
(16)
|
(17)
|
(18)
|
(19)
|
(22)
|
(27)
|
(32)
|
(40)
|
(44)
|
(47)
|
(48)
|
(46)
|
(59)
|
(72)
|
(87)
|
(100)
|
(100)
|
(86)
|
(65)
|
(46)
|
(30)
|
(28)
|
(28)
|
(31)
|
(32)
|
(36)
|
(44)
|
(56)
|
(68)
|
(79)
|
(86)
|
(79)
|
(75)
|
(77)
|
(102)
|
(127)
|
(152)
|
(176)
|
(176)
|
(178)
|
(181)
|
|
Research & Development |
(17)
|
(19)
|
(23)
|
(26)
|
(26)
|
(25)
|
(25)
|
(26)
|
(35)
|
(36)
|
(36)
|
(36)
|
(33)
|
(36)
|
(41)
|
(45)
|
(39)
|
(37)
|
(35)
|
(31)
|
(33)
|
(31)
|
(25)
|
(23)
|
(20)
|
(19)
|
(21)
|
(20)
|
(17)
|
(20)
|
(18)
|
(17)
|
(21)
|
(18)
|
(17)
|
(17)
|
(13)
|
(12)
|
(12)
|
(13)
|
(15)
|
|
Depreciation & Amortization |
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(11)
|
(8)
|
(5)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(5)
|
(4)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(57)
|
(48)
|
(68)
|
(104)
|
(31)
|
(34)
|
(26)
|
(2)
|
(49)
|
(34)
|
3
|
34
|
31
|
21
|
21
|
18
|
23
|
24
|
11
|
3
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
|
Operating Income |
(91)
N/A
|
(59)
+34%
|
(42)
+29%
|
(40)
+5%
|
71
N/A
|
66
-6%
|
57
-14%
|
56
-3%
|
(5)
N/A
|
25
N/A
|
72
+185%
|
114
+58%
|
92
-19%
|
44
-53%
|
6
-87%
|
(34)
N/A
|
(38)
-11%
|
(32)
+15%
|
(33)
-1%
|
(21)
+36%
|
(18)
+15%
|
(17)
+3%
|
(20)
-15%
|
(31)
-59%
|
(40)
-28%
|
(49)
-21%
|
(65)
-34%
|
(77)
-18%
|
(86)
-12%
|
(99)
-16%
|
(104)
-4%
|
(95)
+8%
|
(95)
0%
|
(98)
-3%
|
(118)
-20%
|
(136)
-15%
|
(138)
-1%
|
(149)
-8%
|
(99)
+34%
|
(64)
+35%
|
(42)
+34%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
3
|
19
|
14
|
(5)
|
11
|
(13)
|
(8)
|
(3)
|
0
|
(2)
|
(0)
|
(0)
|
(2)
|
(3)
|
(6)
|
(8)
|
(11)
|
(12)
|
(13)
|
(13)
|
(12)
|
(14)
|
(14)
|
(14)
|
(13)
|
(12)
|
(10)
|
(9)
|
(10)
|
(10)
|
(12)
|
(13)
|
(12)
|
(14)
|
(12)
|
(11)
|
(10)
|
(9)
|
(10)
|
(10)
|
(11)
|
|
Non-Reccuring Items |
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(4)
|
(3)
|
(3)
|
(0)
|
1
|
0
|
(67)
|
(71)
|
(72)
|
(74)
|
(9)
|
(5)
|
42
|
44
|
46
|
46
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(3)
|
0
|
(13)
|
(13)
|
(13)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
1
|
2
|
7
|
(4)
|
4
|
4
|
4
|
(5)
|
3
|
4
|
6
|
5
|
3
|
3
|
2
|
2
|
4
|
3
|
3
|
1
|
1
|
(1)
|
(1)
|
2
|
3
|
5
|
5
|
2
|
2
|
1
|
1
|
(1)
|
(0)
|
0
|
1
|
0
|
1
|
2
|
1
|
4
|
|
Pre-Tax Income |
(90)
N/A
|
(39)
+57%
|
(27)
+30%
|
(38)
-40%
|
78
N/A
|
57
-27%
|
53
-7%
|
57
+8%
|
(10)
N/A
|
23
N/A
|
72
+208%
|
116
+61%
|
93
-20%
|
44
-53%
|
4
-92%
|
(40)
N/A
|
(113)
-180%
|
(112)
+1%
|
(115)
-3%
|
(105)
+9%
|
(39)
+63%
|
(36)
+8%
|
7
N/A
|
(3)
N/A
|
(5)
-89%
|
(11)
-112%
|
(70)
-553%
|
(81)
-15%
|
(93)
-16%
|
(108)
-16%
|
(118)
-9%
|
(111)
+6%
|
(111)
-1%
|
(112)
-1%
|
(143)
-28%
|
(159)
-11%
|
(161)
-1%
|
(157)
+3%
|
(107)
+32%
|
(73)
+32%
|
(49)
+33%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1
|
(11)
|
(19)
|
(27)
|
(36)
|
(35)
|
(33)
|
(30)
|
(32)
|
(33)
|
(33)
|
(35)
|
(28)
|
(17)
|
(9)
|
(3)
|
18
|
16
|
14
|
11
|
5
|
5
|
2
|
9
|
3
|
5
|
14
|
14
|
16
|
18
|
(16)
|
(22)
|
(26)
|
(30)
|
0
|
0
|
1
|
(0)
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(89)
|
(49)
|
(46)
|
(64)
|
42
|
23
|
19
|
28
|
(41)
|
(9)
|
40
|
81
|
65
|
27
|
(6)
|
(43)
|
(96)
|
(96)
|
(102)
|
(95)
|
(33)
|
(30)
|
9
|
6
|
(2)
|
(6)
|
(56)
|
(66)
|
(77)
|
(90)
|
(134)
|
(132)
|
(137)
|
(142)
|
(143)
|
(159)
|
(160)
|
(157)
|
(106)
|
(73)
|
(49)
|
|
Net Income (Common) |
(85)
N/A
|
(46)
+47%
|
(41)
+9%
|
(59)
-44%
|
42
N/A
|
23
-46%
|
19
-14%
|
28
+42%
|
(41)
N/A
|
(9)
+77%
|
40
N/A
|
81
+105%
|
68
-16%
|
30
-56%
|
(2)
N/A
|
(40)
-1 672%
|
(95)
-140%
|
(96)
-1%
|
(101)
-5%
|
(94)
+7%
|
(33)
+65%
|
(21)
+37%
|
18
N/A
|
16
-15%
|
7
-55%
|
(6)
N/A
|
(56)
-909%
|
(66)
-18%
|
(77)
-17%
|
(90)
-17%
|
(134)
-49%
|
(132)
+1%
|
(137)
-4%
|
(142)
-3%
|
(143)
-1%
|
(159)
-11%
|
(160)
-1%
|
(157)
+2%
|
(106)
+32%
|
(73)
+32%
|
(49)
+33%
|
|
EPS (Diluted) |
-2.66
N/A
|
-1.13
+58%
|
-1.02
+10%
|
-1.46
-43%
|
0.96
N/A
|
0.54
-44%
|
0.47
-13%
|
0.66
+40%
|
-1
N/A
|
-0.21
+79%
|
0.92
N/A
|
1.96
+113%
|
1.63
-17%
|
0.78
-52%
|
-0.06
N/A
|
-1.07
-1 683%
|
-2.56
-139%
|
-2.57
0%
|
-2.71
-5%
|
-2.52
+7%
|
-0.89
+65%
|
-0.51
+43%
|
0.26
N/A
|
0.26
N/A
|
0.12
-54%
|
-0.09
N/A
|
-0.95
-956%
|
-1.13
-19%
|
-1.32
-17%
|
-1.54
-17%
|
-2.28
-48%
|
-2.19
+4%
|
-2.29
-5%
|
-2.21
+3%
|
-1.84
+17%
|
-1.77
+4%
|
-2
-13%
|
-1.71
+15%
|
-1.1
+36%
|
-0.75
+32%
|
-0.51
+32%
|