NovoCure Limited

NVCR ·Healthcare, Medical Devices
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013
Revenue $177.0M $82.9M $33.1M $15.5M $10.4M
Cost of Revenue $55.6M $39.9M $20.6M $10.0M $7.0M
Gross Profit $121.4M $36.6M $12.5M $5.5M $3.3M
Gross Margin 68.6% 44.2% 37.7% 35.2% 32.3%
Operating Expenses
Research & Development $38.1M $41.5M $43.7M $40.4M $34.8M
SG&A Expense $59.1M $51.0M $33.9M $24.1M $16.6M
Operating Income $-39.3M $-115.3M $-104.0M $-80.2M $-64.5M
Operating Margin -22.2% -139.1% -314.3% -517.5% -622.3%
Interest Expense $11.7M $7.3M $3.2M $287.0K $12.8M
Pretax Income $-48.5M $-121.5M $-107.1M $-80.3M $-77.0M
Income Tax Expense $13.2M $10.4M $4.4M $382.0K $353.0K
Net Income $-61.7M $-131.8M $-111.6M $-80.7M $-77.4M
Net Margin -34.8% -159.1% -337.2% -520.9% -746.9%
EPS (Basic) $-0.70 $-1.54 $-3.67 $-6.46 $-6.73
EPS (Diluted) $-0.70 $-1.54 $-3.67 $-6.46 $-6.73
Shares Outstanding (Basic) 89.5M 87.1M 83.8M 13.4M —
Shares Outstanding (Diluted) 89.5M 87.1M 83.8M 13.4M —
Dividends Per Share — — — — —
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