Financials in USD. Standardized financial statements.
A compact view of how Novan, Inc. turns revenue into operating income and net income.
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $23.61M | $2.82M | $4.21M | $4.48M | $5.99M | $2.14M | $0 | $0 | $112,000 |
| Revenue Growth? | +736.6% | -32.9% | -6.0% | -25.3% | +180.0% | 0.0% | 0.0% | -100.0% | 0.0% |
| Cost of Revenue? | $7.38M | $0 | $0 | $25.17M | $23.05M | $0 | $0 | $0 | $0 |
| Gross Profit? | $16.23M | $2.82M | $4.21M | -$20.70M | -$17.05M | $2.14M | $0 | $0 | $112,000 |
| Gross Margin? | +68.7% | +100.0% | +100.0% | -462.3% | -284.7% | +100.0% | 0.0% | 0.0% | +100.0% |
| Operating Expenses? | $51.62M | $32.62M | $30.37M | $35.16M | $34.55M | $38.33M | $59.83M | $25.83M | $11.94M |
| Operating Income? | -$35.39M | -$29.91M | -$30.21M | -$30.69M | -$28.56M | -$36.19M | -$59.83M | -$25.83M | -$11.83M |
| EBITDA? | -$28.23M | -$30.30M | -$24.07M | -$28.34M | -$26.53M | -$33.82M | -$59.83M | -$25.16M | -$11.31M |
| Income Before Tax | -$31.31M | -$29.69M | -$29.29M | -$30.64M | -$12.67M | -$37.13M | -$59.70M | -$25.79M | -$13.10M |
| Income Tax Expense | -$11.75M | -$855,000 | $870,000 | $138,000 | -$15.89M | $0 | $0 | $2.27M | -$1.01M |
| Net Income? | -$19.56M | -$28.84M | -$30.16M | -$30.78M | -$12.67M | -$37.13M | -$59.70M | -$28.06M | -$11.39M |
| EPS? | $-0.89 | $-1.69 | $-3.05 | $-11.72 | $-4.91 | $-23.23 | $-99.73 | $-25.11 | $-10.19 |
| Diluted EPS? | $-0.89 | $-1.69 | $-3.05 | $-11.72 | $-4.91 | $-23.23 | $-99.73 | $-25.11 | $-10.19 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality