Avid Bioservices Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2010	FY 2009
Period Ending	Sep '11 Sep 30, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009
Revenue	1.97	1.21	0.87
Revenue Growth (YoY)	125.83%	38.72%	-
Cost of Revenue	0.96	0.4	0.28
Gross Profit	1.01	0.81	0.6
Selling, General & Admin	3.39	1.41	1.76
Operating Expenses	3.39	1.41	1.76
Operating Income	-2.38	-0.6	-1.17
Interest Expense	-0.67	-0.25	-0.06
Pretax Income	-3.33	-0.85	-1.22
Net Income	-3.33	-0.85	-1.22
Net Income to Common	-3.33	-0.85	-1.22
Shares Outstanding (Basic)	0	0	0
Shares Outstanding (Diluted)	0	0	0
Shares Change (YoY)	35.31%	3.64%	-
EPS (Basic)	-14.12	-4.68	-7.01
EPS (Diluted)	-14.12	-4.68	-7.01
Free Cash Flow	-2.49	-0.71	-0.7
Free Cash Flow Per Share	-10.54	-3.92	-4.01
Gross Margin	51.23%	67.27%	68.27%
Operating Margin	-120.61%	-49.48%	-133.58%
Profit Margin	-169.09%	-69.88%	-140.20%
Free Cash Flow Margin	-126.24%	-58.47%	-80.08%
EBITDA	-2.35	-0.59	-1.16
EBITDA Margin	-119.06%	-48.95%	-133.10%
D&A For EBITDA	0.03	0.01	0
EBIT	-2.38	-0.6	-1.17
EBIT Margin	-120.61%	-49.48%	-133.58%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.