VBI Vaccines Inc
F:LO9A
Income Statement
Earnings Waterfall
VBI Vaccines Inc
Income Statement
VBI Vaccines Inc
| Mar-2014 | Jun-2014 | Sep-2014 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
1
+860%
|
1
+4%
|
1
+8%
|
1
+17%
|
1
-56%
|
1
+15%
|
1
+41%
|
1
-10%
|
1
+9%
|
1
+5%
|
1
-12%
|
1
+9%
|
3
+286%
|
4
+5%
|
4
+12%
|
4
+10%
|
2
-49%
|
2
+3%
|
2
-20%
|
1
-19%
|
1
-28%
|
1
-11%
|
1
-4%
|
1
-21%
|
1
-11%
|
0
-27%
|
1
+46%
|
1
+31%
|
1
+23%
|
1
+34%
|
2
+26%
|
8
+346%
|
9
+7%
|
9
+8%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(4)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(5)
|
(7)
|
(8)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(12)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
(1)
N/A
|
(3)
-264%
|
(1)
+61%
|
(2)
-56%
|
(2)
-26%
|
(3)
-44%
|
(4)
-26%
|
(4)
-10%
|
(4)
+2%
|
(4)
-2%
|
(4)
-2%
|
(4)
+4%
|
(4)
+14%
|
(1)
+68%
|
(1)
+53%
|
(1)
-163%
|
(2)
-56%
|
(6)
-157%
|
(7)
-27%
|
(7)
-2%
|
(8)
-7%
|
(8)
-3%
|
(8)
+1%
|
(9)
-8%
|
(9)
-6%
|
(10)
-10%
|
(11)
-5%
|
(10)
+3%
|
(10)
N/A
|
(10)
+2%
|
(11)
-5%
|
(11)
-5%
|
(5)
+58%
|
(4)
+20%
|
(2)
+41%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(70)
|
(71)
|
(8)
|
53
|
49
|
45
|
(22)
|
(27)
|
(29)
|
(31)
|
(33)
|
(36)
|
(43)
|
(49)
|
(53)
|
(62)
|
(58)
|
(59)
|
(40)
|
(41)
|
(36)
|
(32)
|
(36)
|
(42)
|
(50)
|
(52)
|
(58)
|
(58)
|
(64)
|
(71)
|
(72)
|
(75)
|
(68)
|
(60)
|
(51)
|
(70)
|
|
| Selling, General & Administrative |
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(5)
|
(7)
|
(9)
|
(11)
|
(12)
|
(12)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(14)
|
(14)
|
(15)
|
(21)
|
(21)
|
(26)
|
(14)
|
(17)
|
(17)
|
(14)
|
(21)
|
(23)
|
(29)
|
(33)
|
(38)
|
(43)
|
(48)
|
(53)
|
(56)
|
(58)
|
(54)
|
(49)
|
(42)
|
(37)
|
|
| Research & Development |
(4)
|
(4)
|
(4)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(6)
|
(10)
|
(14)
|
(17)
|
(19)
|
(21)
|
(23)
|
(30)
|
(35)
|
(38)
|
(41)
|
(37)
|
(32)
|
(26)
|
(20)
|
(15)
|
(14)
|
(15)
|
(19)
|
(21)
|
(19)
|
(20)
|
(15)
|
(16)
|
(18)
|
(16)
|
(16)
|
(14)
|
(10)
|
(9)
|
(9)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
(1)
|
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
|
(1)
|
(65)
|
(65)
|
0
|
62
|
62
|
62
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(25)
|
|
| Operating Income |
(6)
N/A
|
(6)
-4%
|
(6)
-4%
|
(5)
+10%
|
(5)
+4%
|
(70)
-1 261%
|
(72)
-3%
|
(11)
+85%
|
52
N/A
|
48
-8%
|
44
-9%
|
(25)
N/A
|
(31)
-25%
|
(34)
-8%
|
(35)
-4%
|
(37)
-7%
|
(40)
-7%
|
(47)
-19%
|
(53)
-11%
|
(54)
-2%
|
(63)
-16%
|
(59)
+6%
|
(61)
-3%
|
(46)
+24%
|
(48)
-4%
|
(44)
+9%
|
(40)
+10%
|
(44)
-10%
|
(50)
-14%
|
(58)
-17%
|
(61)
-5%
|
(68)
-11%
|
(68)
0%
|
(75)
-9%
|
(81)
-9%
|
(82)
-1%
|
(86)
-5%
|
(79)
+7%
|
(64)
+19%
|
(55)
+14%
|
(72)
-30%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1
|
0
|
1
|
1
|
1
|
1
|
(1)
|
(3)
|
(2)
|
(2)
|
0
|
(0)
|
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(6)
|
(5)
|
(5)
|
(2)
|
(5)
|
(27)
|
(30)
|
(31)
|
(34)
|
(19)
|
(26)
|
(13)
|
(11)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
(70)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(20)
|
(24)
|
(25)
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
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
|
|
| Pre-Tax Income |
(5)
N/A
|
(5)
-13%
|
(5)
+4%
|
(5)
+6%
|
(74)
-1 425%
|
(69)
+7%
|
(75)
-9%
|
(15)
+80%
|
49
N/A
|
44
-10%
|
44
-1%
|
(25)
N/A
|
(33)
-32%
|
(36)
-8%
|
(38)
-7%
|
(39)
-4%
|
(43)
-8%
|
(50)
-18%
|
(56)
-11%
|
(64)
-14%
|
(66)
-4%
|
(62)
+5%
|
(63)
-1%
|
(55)
+13%
|
(49)
+11%
|
(45)
+8%
|
(42)
+7%
|
(46)
-11%
|
(56)
-20%
|
(63)
-14%
|
(66)
-4%
|
(70)
-5%
|
(73)
-5%
|
(102)
-38%
|
(111)
-9%
|
(113)
-2%
|
(120)
-6%
|
(119)
+1%
|
(114)
+4%
|
(93)
+19%
|
(83)
+11%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
2
|
2
|
2
|
2
|
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
|
|
| Income from Continuing Operations |
(5)
|
(5)
|
(5)
|
(5)
|
(73)
|
(68)
|
(74)
|
(15)
|
49
|
44
|
44
|
(23)
|
(31)
|
(33)
|
(36)
|
(39)
|
(43)
|
(50)
|
(56)
|
(64)
|
(66)
|
(62)
|
(63)
|
(55)
|
(49)
|
(45)
|
(42)
|
(46)
|
(56)
|
(63)
|
(66)
|
(70)
|
(73)
|
(102)
|
(111)
|
(113)
|
(120)
|
(119)
|
(114)
|
(93)
|
(83)
|
|
| Net Income (Common) |
(5)
N/A
|
(5)
-13%
|
(5)
+4%
|
(5)
+6%
|
(73)
-1 414%
|
(68)
+7%
|
(74)
-9%
|
(15)
+80%
|
49
N/A
|
44
-10%
|
44
-1%
|
(23)
N/A
|
(31)
-33%
|
(33)
-8%
|
(36)
-7%
|
(39)
-9%
|
(43)
-9%
|
(50)
-18%
|
(56)
-11%
|
(64)
-14%
|
(66)
-4%
|
(62)
+5%
|
(63)
-1%
|
(55)
+13%
|
(49)
+11%
|
(45)
+8%
|
(42)
+7%
|
(46)
-11%
|
(56)
-20%
|
(63)
-14%
|
(66)
-4%
|
(70)
-5%
|
(73)
-5%
|
(102)
-38%
|
(111)
-9%
|
(113)
-2%
|
(120)
-6%
|
(119)
+1%
|
(115)
+3%
|
(94)
+18%
|
(84)
+10%
|
|
| EPS (Diluted) |
-28.05
N/A
|
-31.7
-13%
|
-30.29
+4%
|
-25.52
+16%
|
-407.88
-1 498%
|
-360
+12%
|
-161.84
+55%
|
-35.14
+78%
|
57.23
N/A
|
47.81
-16%
|
36.31
-24%
|
-23.21
N/A
|
-23.13
+0%
|
-24.89
-8%
|
-26.76
-8%
|
-26.53
+1%
|
-19.9
+25%
|
-23.51
-18%
|
-25.99
-11%
|
-29.04
-12%
|
-20.29
+30%
|
-19.14
+6%
|
-17.95
+6%
|
-13.77
+23%
|
-8.17
+41%
|
-6.21
+24%
|
-5.33
+14%
|
-6.35
-19%
|
-6.62
-4%
|
-7.46
-13%
|
-7.76
-4%
|
-8.21
-6%
|
-8.52
-4%
|
-11.79
-38%
|
-12.9
-9%
|
-13.16
-2%
|
-13.92
-6%
|
-13.79
+1%
|
-5.42
+61%
|
-6.03
-11%
|
-3.41
+43%
|
|