LivaNova PLC
NASDAQ:LIVN
Income Statement
Earnings Waterfall
LivaNova PLC
Revenue
|
1.2B
USD
|
Cost of Revenue
|
-382.3m
USD
|
Gross Profit
|
771.2m
USD
|
Operating Expenses
|
-711.8m
USD
|
Operating Income
|
59.4m
USD
|
Other Expenses
|
-41.9m
USD
|
Net Income
|
17.5m
USD
|
Income Statement
LivaNova PLC
Oct-2013 | Jan-2014 | Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
270
N/A
|
276
+2%
|
282
+2%
|
285
+1%
|
288
+1%
|
292
+1%
|
292
0%
|
301
+3%
|
295
-2%
|
436
+48%
|
676
+55%
|
903
+34%
|
965
+7%
|
905
-6%
|
840
-7%
|
796
-5%
|
1 012
+27%
|
1 036
+2%
|
1 068
+3%
|
1 088
+2%
|
1 107
+2%
|
1 107
+0%
|
1 097
-1%
|
1 094
0%
|
1 084
-1%
|
1 076
-1%
|
981
-9%
|
952
-3%
|
934
-2%
|
940
+1%
|
1 022
+9%
|
1 035
+1%
|
1 035
+0%
|
1 028
-1%
|
1 018
-1%
|
1 017
0%
|
1 022
+0%
|
1 045
+2%
|
1 085
+4%
|
1 118
+3%
|
1 154
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(25)
|
(26)
|
(27)
|
(27)
|
(27)
|
(27)
|
(27)
|
(30)
|
(33)
|
(143)
|
(265)
|
(362)
|
(405)
|
(360)
|
(314)
|
(297)
|
(360)
|
(370)
|
(377)
|
(386)
|
(373)
|
(371)
|
(358)
|
(349)
|
(360)
|
(344)
|
(325)
|
(323)
|
(340)
|
(353)
|
(385)
|
(382)
|
(329)
|
(321)
|
(299)
|
(296)
|
(315)
|
(332)
|
(351)
|
(354)
|
(382)
|
|
Gross Profit |
245
N/A
|
249
+2%
|
255
+2%
|
258
+1%
|
261
+1%
|
265
+1%
|
264
0%
|
270
+2%
|
262
-3%
|
293
+12%
|
411
+40%
|
541
+32%
|
560
+3%
|
544
-3%
|
525
-4%
|
499
-5%
|
652
+31%
|
666
+2%
|
690
+4%
|
703
+2%
|
735
+5%
|
736
+0%
|
739
+0%
|
744
+1%
|
724
-3%
|
732
+1%
|
656
-10%
|
629
-4%
|
595
-5%
|
586
-1%
|
637
+9%
|
654
+3%
|
706
+8%
|
707
+0%
|
719
+2%
|
721
+0%
|
707
-2%
|
713
+1%
|
734
+3%
|
765
+4%
|
771
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(161)
|
(172)
|
(167)
|
(170)
|
(169)
|
(170)
|
(167)
|
(167)
|
(183)
|
(264)
|
(377)
|
(474)
|
(471)
|
(423)
|
(402)
|
(377)
|
(525)
|
(552)
|
(583)
|
(622)
|
(646)
|
(682)
|
(686)
|
(665)
|
(665)
|
(679)
|
(641)
|
(651)
|
(649)
|
(868)
|
(940)
|
(722)
|
(659)
|
(757)
|
(701)
|
(652)
|
(626)
|
(642)
|
(667)
|
(681)
|
(712)
|
|
Selling, General & Administrative |
(116)
|
(118)
|
(121)
|
(124)
|
(124)
|
(126)
|
(124)
|
(124)
|
(136)
|
(191)
|
(278)
|
(346)
|
(357)
|
(328)
|
(302)
|
(290)
|
(382)
|
(397)
|
(426)
|
(444)
|
(462)
|
(486)
|
(490)
|
(498)
|
(529)
|
(523)
|
(494)
|
(470)
|
(447)
|
(442)
|
(467)
|
(477)
|
(472)
|
(475)
|
(468)
|
(474)
|
(469)
|
(475)
|
(484)
|
(504)
|
(518)
|
|
Research & Development |
(45)
|
(46)
|
(47)
|
(45)
|
(44)
|
(44)
|
(43)
|
(43)
|
(47)
|
(57)
|
(77)
|
(94)
|
(83)
|
(71)
|
(75)
|
(66)
|
(110)
|
(121)
|
(121)
|
(141)
|
(146)
|
(158)
|
(158)
|
(162)
|
(153)
|
(139)
|
(130)
|
(131)
|
(156)
|
(162)
|
(189)
|
(184)
|
(183)
|
(180)
|
(161)
|
(155)
|
(156)
|
(165)
|
(182)
|
(193)
|
(194)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(16)
|
(22)
|
(34)
|
(31)
|
(26)
|
(28)
|
(25)
|
(33)
|
(34)
|
(36)
|
(37)
|
(37)
|
(38)
|
(37)
|
(39)
|
0
|
(31)
|
(31)
|
(29)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
34
|
16
|
13
|
13
|
(20)
|
(46)
|
(264)
|
(284)
|
(62)
|
(4)
|
(103)
|
(71)
|
(23)
|
(1)
|
(3)
|
(1)
|
16
|
0
|
|
Operating Income |
84
N/A
|
77
-8%
|
87
+13%
|
88
+1%
|
93
+5%
|
95
+3%
|
97
+2%
|
103
+6%
|
78
-24%
|
29
-63%
|
34
+16%
|
67
+99%
|
89
+32%
|
122
+37%
|
123
+1%
|
122
-1%
|
127
+4%
|
115
-10%
|
107
-6%
|
81
-24%
|
89
+9%
|
54
-39%
|
53
-1%
|
79
+49%
|
59
-26%
|
53
-10%
|
15
-71%
|
(22)
N/A
|
(54)
-151%
|
(282)
-420%
|
(303)
-7%
|
(69)
+77%
|
47
N/A
|
(50)
N/A
|
18
N/A
|
69
+282%
|
82
+18%
|
71
-13%
|
67
-5%
|
84
+25%
|
59
-29%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(4)
|
(6)
|
(6)
|
(2)
|
(5)
|
(4)
|
(4)
|
(9)
|
(8)
|
(10)
|
(14)
|
(10)
|
(13)
|
(14)
|
(17)
|
(23)
|
(24)
|
(30)
|
(73)
|
(62)
|
(47)
|
(57)
|
(4)
|
(23)
|
(81)
|
(84)
|
(95)
|
(112)
|
(63)
|
(45)
|
(13)
|
|
Non-Reccuring Items |
(7)
|
0
|
(7)
|
0
|
0
|
0
|
(9)
|
(17)
|
(45)
|
(73)
|
(74)
|
(59)
|
(58)
|
(35)
|
9
|
18
|
(2)
|
17
|
(21)
|
(31)
|
(323)
|
(335)
|
(386)
|
(381)
|
(230)
|
(203)
|
(151)
|
(147)
|
(221)
|
0
|
0
|
(270)
|
(108)
|
0
|
0
|
(139)
|
(158)
|
(159)
|
(170)
|
(50)
|
(128)
|
|
Total Other Income |
(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
|
(26)
|
(51)
|
(28)
|
(59)
|
(22)
|
39
|
66
|
97
|
130
|
81
|
31
|
0
|
|
Pre-Tax Income |
76
N/A
|
77
+1%
|
80
+4%
|
89
+11%
|
93
+5%
|
96
+3%
|
89
-7%
|
86
-3%
|
34
-61%
|
(46)
N/A
|
(45)
+4%
|
3
N/A
|
26
+679%
|
86
+233%
|
128
+49%
|
136
+6%
|
121
-11%
|
122
+1%
|
78
-36%
|
40
-49%
|
(247)
N/A
|
(291)
-18%
|
(345)
-19%
|
(315)
+9%
|
(188)
+40%
|
(173)
+8%
|
(159)
+8%
|
(199)
-25%
|
(348)
-75%
|
(370)
-6%
|
(401)
-8%
|
(424)
-6%
|
(125)
+71%
|
(95)
+24%
|
(23)
+75%
|
(88)
-276%
|
(75)
+15%
|
(71)
+6%
|
(85)
-19%
|
20
N/A
|
(81)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(29)
|
(29)
|
(25)
|
(29)
|
(30)
|
(30)
|
(31)
|
(30)
|
(19)
|
(4)
|
(6)
|
(17)
|
(5)
|
(12)
|
(7)
|
1
|
(29)
|
(27)
|
(23)
|
(18)
|
70
|
80
|
85
|
93
|
30
|
69
|
(4)
|
(11)
|
1
|
(46)
|
16
|
10
|
(11)
|
(10)
|
(9)
|
(8)
|
(11)
|
(11)
|
(13)
|
(17)
|
99
|
|
Income from Continuing Operations |
47
|
48
|
55
|
60
|
63
|
66
|
58
|
57
|
14
|
(50)
|
(50)
|
(14)
|
21
|
74
|
121
|
137
|
92
|
95
|
55
|
22
|
(178)
|
(211)
|
(260)
|
(222)
|
(158)
|
(105)
|
(163)
|
(210)
|
(347)
|
(416)
|
(385)
|
(414)
|
(136)
|
(105)
|
(32)
|
(96)
|
(86)
|
(82)
|
(97)
|
3
|
18
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(6)
|
(19)
|
(19)
|
(18)
|
(29)
|
(16)
|
(17)
|
(15)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Net Income (Common) |
47
N/A
|
48
+1%
|
55
+14%
|
60
+9%
|
63
+6%
|
66
+4%
|
58
-12%
|
57
-2%
|
14
-75%
|
(53)
N/A
|
(57)
-6%
|
(33)
+42%
|
(63)
-90%
|
(11)
+82%
|
27
N/A
|
57
+107%
|
(25)
N/A
|
(23)
+8%
|
(56)
-140%
|
(91)
-63%
|
(189)
-109%
|
(218)
-15%
|
(262)
-20%
|
(223)
+15%
|
(158)
+29%
|
(105)
+33%
|
(164)
-56%
|
(211)
-29%
|
(349)
-65%
|
(417)
-20%
|
(386)
+8%
|
(414)
-7%
|
(136)
+67%
|
(106)
+22%
|
(33)
+69%
|
(97)
-196%
|
(86)
+11%
|
(82)
+5%
|
(97)
-19%
|
3
N/A
|
18
+483%
|