Virgin Orbit Holdings Inc
NASDAQ:VORB
Income Statement
Earnings Waterfall
Virgin Orbit Holdings Inc
Revenue
|
33.1m
USD
|
Cost of Revenue
|
-85.7m
USD
|
Gross Profit
|
-52.6m
USD
|
Operating Expenses
|
-163.7m
USD
|
Operating Income
|
-216.4m
USD
|
Other Expenses
|
25.2m
USD
|
Net Income
|
-191.2m
USD
|
Income Statement
Virgin Orbit Holdings Inc
Dec-2020 | Dec-2021 | Dec-2022 | ||
---|---|---|---|---|
Revenue | ||||
Revenue |
4
N/A
|
7
+92%
|
33
+348%
|
|
Gross Profit | ||||
Cost of Revenue |
(3)
|
(38)
|
(86)
|
|
Gross Profit |
1
N/A
|
(30)
N/A
|
(53)
-73%
|
|
Operating Income | ||||
Operating Expenses |
(180)
|
(141)
|
(164)
|
|
Selling, General & Administrative |
(34)
|
(91)
|
(113)
|
|
Research & Development |
(134)
|
(38)
|
(43)
|
|
Depreciation & Amortization |
(12)
|
(12)
|
(8)
|
|
Operating Income |
(179)
N/A
|
(171)
+5%
|
(216)
-26%
|
|
Pre-Tax Income | ||||
Interest Income Expense |
(5)
|
7
|
(9)
|
|
Non-Reccuring Items |
0
|
0
|
9
|
|
Total Other Income |
63
|
7
|
25
|
|
Pre-Tax Income |
(122)
N/A
|
(157)
-29%
|
(191)
-22%
|
|
Net Income | ||||
Tax Provision |
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(122)
|
(157)
|
(191)
|
|
Net Income (Common) |
(122)
N/A
|
(157)
-29%
|
(191)
-22%
|
|
EPS (Diluted) |
-0.36
N/A
|
-0.47
-31%
|
-0.57
-21%
|