
Avid Bioservices Inc
NASDAQ:CDMO

Income Statement
Earnings Waterfall
Avid Bioservices Inc
Revenue
|
150.4m
USD
|
Cost of Revenue
|
-138.9m
USD
|
Gross Profit
|
11.6m
USD
|
Operating Expenses
|
-33.8m
USD
|
Operating Income
|
-22.3m
USD
|
Other Expenses
|
-129.8m
USD
|
Net Income
|
-152.1m
USD
|
Income Statement
Avid Bioservices Inc
Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Jul-2024 | Oct-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
22
N/A
|
24
+8%
|
27
+12%
|
31
+16%
|
34
+10%
|
35
+3%
|
44
+26%
|
40
-9%
|
54
+34%
|
58
+7%
|
58
-1%
|
79
+37%
|
69
-13%
|
65
-6%
|
54
-17%
|
39
-27%
|
37
-7%
|
43
+19%
|
54
+23%
|
56
+5%
|
64
+14%
|
64
0%
|
60
-7%
|
70
+17%
|
73
+4%
|
81
+11%
|
96
+19%
|
101
+6%
|
106
+5%
|
116
+9%
|
120
+3%
|
126
+5%
|
134
+7%
|
141
+5%
|
149
+6%
|
150
+1%
|
179
+19%
|
174
-2%
|
140
-20%
|
180
+29%
|
150
-16%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(14)
|
(15)
|
(16)
|
(17)
|
(17)
|
(18)
|
(23)
|
(21)
|
(32)
|
(36)
|
(38)
|
(56)
|
(56)
|
(59)
|
(57)
|
(47)
|
(41)
|
(42)
|
(46)
|
(49)
|
(54)
|
(55)
|
(56)
|
(58)
|
(58)
|
(61)
|
(67)
|
(69)
|
(71)
|
(78)
|
(83)
|
(91)
|
(105)
|
(111)
|
(118)
|
(124)
|
(157)
|
(160)
|
(133)
|
(167)
|
(139)
|
|
Gross Profit |
8
N/A
|
9
+13%
|
11
+21%
|
14
+28%
|
17
+18%
|
17
+1%
|
21
+24%
|
19
-12%
|
22
+17%
|
22
0%
|
19
-12%
|
23
+21%
|
12
-49%
|
5
-57%
|
(3)
N/A
|
(8)
-188%
|
(5)
+45%
|
2
N/A
|
7
+347%
|
7
-1%
|
10
+43%
|
9
-12%
|
4
-56%
|
11
+192%
|
14
+27%
|
20
+37%
|
29
+48%
|
32
+10%
|
35
+9%
|
38
+8%
|
37
-3%
|
34
-6%
|
29
-15%
|
30
+3%
|
32
+5%
|
26
-16%
|
22
-18%
|
14
-34%
|
7
-49%
|
13
+78%
|
12
-11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(54)
|
(58)
|
(62)
|
(65)
|
(70)
|
(74)
|
(18)
|
(13)
|
10
|
26
|
(18)
|
(8)
|
(16)
|
(17)
|
(17)
|
(16)
|
(15)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(23)
|
(25)
|
(26)
|
(28)
|
(28)
|
(34)
|
(33)
|
(26)
|
(36)
|
(34)
|
|
Selling, General & Administrative |
(18)
|
(18)
|
(19)
|
(19)
|
(19)
|
(19)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(17)
|
(16)
|
(17)
|
(17)
|
(16)
|
(15)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(23)
|
(25)
|
(26)
|
(28)
|
(28)
|
(34)
|
(33)
|
(26)
|
(34)
|
(32)
|
|
Research & Development |
(36)
|
(40)
|
(43)
|
(47)
|
(51)
|
(55)
|
0
|
(38)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
43
|
28
|
43
|
0
|
9
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(46)
N/A
|
(49)
-7%
|
(51)
-3%
|
(51)
-1%
|
(53)
-3%
|
(57)
-7%
|
4
N/A
|
6
+76%
|
32
+424%
|
48
+47%
|
1
-97%
|
15
+1 066%
|
(4)
N/A
|
(12)
-175%
|
(19)
-67%
|
(24)
-25%
|
(20)
+19%
|
(12)
+40%
|
(6)
+53%
|
(7)
-24%
|
(5)
+33%
|
(6)
-22%
|
(11)
-85%
|
(2)
+76%
|
(0)
+97%
|
4
N/A
|
12
+182%
|
14
+18%
|
16
+13%
|
17
+7%
|
15
-12%
|
11
-27%
|
4
-61%
|
4
-13%
|
4
-6%
|
(1)
N/A
|
(12)
-830%
|
(19)
-56%
|
(19)
+0%
|
(23)
-23%
|
(22)
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(4)
|
(6)
|
(4)
|
(7)
|
(8)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
(2)
|
(3)
|
(5)
|
|
Pre-Tax Income |
(45)
N/A
|
(48)
-7%
|
(50)
-4%
|
(51)
-1%
|
(52)
-2%
|
(56)
-7%
|
4
N/A
|
6
+74%
|
32
+408%
|
47
+48%
|
1
-97%
|
15
+989%
|
(5)
N/A
|
(13)
-137%
|
(21)
-62%
|
(25)
-23%
|
(19)
+23%
|
(12)
+40%
|
(5)
+54%
|
(7)
-23%
|
(5)
+30%
|
(6)
-20%
|
(11)
-90%
|
(3)
+76%
|
0
N/A
|
4
+3 079%
|
11
+152%
|
13
+14%
|
14
+10%
|
14
+0%
|
13
-10%
|
9
-32%
|
2
-78%
|
2
+15%
|
2
-7%
|
(3)
N/A
|
(14)
-388%
|
(24)
-67%
|
(27)
-13%
|
(32)
-21%
|
(35)
-9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
115
|
114
|
116
|
114
|
(1)
|
(0)
|
1
|
4
|
(114)
|
(114)
|
(117)
|
|
Income from Continuing Operations |
(45)
|
(48)
|
(50)
|
(51)
|
(52)
|
(56)
|
4
|
6
|
32
|
47
|
1
|
15
|
(5)
|
(13)
|
(21)
|
(25)
|
(19)
|
(11)
|
(5)
|
(6)
|
(5)
|
(5)
|
(11)
|
(3)
|
0
|
4
|
11
|
13
|
14
|
14
|
128
|
123
|
118
|
116
|
1
|
(3)
|
(14)
|
(20)
|
(141)
|
(146)
|
(152)
|
|
Net Income (Common) |
(47)
N/A
|
(51)
-9%
|
(54)
-5%
|
(55)
-1%
|
(56)
-2%
|
(60)
-7%
|
(60)
+1%
|
(57)
+4%
|
(48)
+16%
|
(39)
+19%
|
(33)
+17%
|
(23)
+30%
|
(32)
-39%
|
(35)
-10%
|
(27)
+25%
|
(28)
-4%
|
(16)
+42%
|
(6)
+61%
|
(9)
-43%
|
(10)
-14%
|
(9)
+10%
|
(10)
-11%
|
(15)
-51%
|
(7)
+52%
|
(5)
+37%
|
(0)
+95%
|
3
N/A
|
6
+81%
|
8
+39%
|
10
+18%
|
128
+1 207%
|
123
-4%
|
118
-4%
|
116
-2%
|
1
-99%
|
(3)
N/A
|
(14)
-338%
|
(20)
-48%
|
(141)
-602%
|
(146)
-4%
|
(152)
-4%
|
|
EPS (Diluted) |
-1.78
N/A
|
-1.99
-12%
|
-2.07
-4%
|
-1.9
+8%
|
-1.66
+13%
|
-1.86
-12%
|
-1.94
-4%
|
-1.65
+15%
|
-1.26
+24%
|
-1.05
+17%
|
-0.88
+16%
|
-0.51
+42%
|
-0.7
-37%
|
-0.77
-10%
|
-0.56
+27%
|
-0.49
+13%
|
-0.28
+43%
|
-0.11
+61%
|
-0.17
-55%
|
-0.17
N/A
|
-0.15
+12%
|
-0.19
-27%
|
-0.27
-42%
|
-0.13
+52%
|
-0.08
+38%
|
-0.01
+88%
|
0.06
N/A
|
0.09
+50%
|
0.13
+44%
|
0.16
+23%
|
1.81
+1 031%
|
1.94
+7%
|
1.9
-2%
|
1.82
-4%
|
0.01
-99%
|
-0.04
N/A
|
-0.2
-400%
|
-0.31
-55%
|
-2.23
-619%
|
-2.31
-4%
|
-2.39
-3%
|