Agrofresh solutions, inc. (AGFS)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
Net sales

33,023

-

-

-

38,940

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

48,972

21,183

-

-

68,698

18,420

38,351

-

60,772

16,389

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales (excluding amortization, shown separately below)

8,528

-

13,892

6,289

11,335

-

16,662

5,402

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales (excluding amortization, shown separately below)

-

-

-

-

-

-

-

-

10,846

-

11,620

3,906

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

-

-

32,730

-

61,200

18,385

28,411

51,431

59,650

-

-

-

-

-

-

Cost of sales (excluding amortization, shown separately below)

-

-

-

-

-

-

-

-

-

-

-

-

5,839

11,419

8,905

15,833

23,820

46,033

45,719

-

-

-

-

-

-

Gross profit

24,495

47,437

35,080

14,894

27,605

39,956

52,036

13,018

27,505

42,845

49,152

12,483

26,891

40,254

52,295

2,552

4,591

5,398

13,931

-

-

-

-

-

-

Research and development expenses

2,642

4,392

2,566

3,257

3,897

3,580

3,491

3,733

3,069

3,676

3,071

3,735

3,297

3,547

2,983

3,808

4,429

3,310

1,946

-

-

-

-

-

-

Selling, general and administrative expenses

13,709

12,402

14,998

16,148

15,898

15,638

18,212

15,609

16,311

17,519

14,462

13,435

16,431

12,507

15,173

14,546

19,666

18,573

12,744

-

-

-

-

-

-

Amortization of intangibles

11,000

45,900

11,800

11,800

11,600

11,600

12,000

11,400

10,900

10,565

10,445

10,445

10,445

10,422

10,080

9,899

9,899

9,689

6,815

-

-

-

-

-

-

Impairment of long lived assets

-

-

0

992

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of contingent consideration

0

-458

-229

167

190

-3,561

307

98

138

-24,528

-1,424

-1,211

215

-48,639

-1,569

-300

-3,100

-

-

-

-

-

-

-

-

General and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

975

306

125

137

194

39

Operating loss

-2,813

-25,314

5,991

-17,436

-3,996

10,096

18,024

-17,824

-2,952

35,603

22,598

-13,921

-3,497

-10,778

25,628

-25,401

-26,303

-2,482

-7,574

-975

-306

-305

-137

-194

-39

Other income (expense)

1,507

132

-81

-26

-12

10

-189

538

70

651

-295

215

40

-189

-38

-1

55

1,438

-1,462

-

-

-

-

-

-

Loss on foreign currency exchange

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

263

-

-

-

-

-

-

Gain (loss) on foreign currency exchange

627

-1,243

54

-2,519

-419

-2,194

-4,731

3,272

1,931

2,760

-487

7,968

3,103

-3,956

924

-1,072

830

-

-

-

-

-

-

-

-

Interest expense, net

-6,966

-7,763

-8,606

-8,670

-8,745

-8,201

-9,132

-8,763

-8,355

-8,260

-8,638

-8,564

-10,293

-14,389

-14,526

-14,316

-15,008

-13,889

-9,313

-

-

-

-

-

-

Loss before income taxes

-7,645

-

-2,642

-28,651

-13,172

-

3,972

-22,777

-9,306

-

13,178

-14,302

-10,647

-

11,988

-40,790

-40,426

-

-18,612

-

-

-

-

-

-

Income taxes benefit

-3,831

-4,613

-5,653

-6,290

-587

1,627

1,018

-4,375

3,570

7,316

3,632

-16,909

1,382

39,259

4,676

-15,626

-15,289

-14,641

-4,591

-

-

-

-

-

-

Net loss including non-controlling interests

-3,814

-29,575

3,011

-22,361

-12,585

-1,916

2,954

-18,402

-12,876

23,438

9,546

2,607

-12,029

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net loss attributable to non-controlling interests

-166

-342

-278

-92

34

263

-516

-18

91

91

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to AgroFresh Solutions, Inc

-3,648

-29,233

3,289

-22,269

-12,619

-2,179

3,470

-18,384

-12,967

23,347

9,546

2,607

-12,029

-68,571

7,312

-25,164

-25,137

-416

-14,021

-

-

-

-

-

-

Net loss per share:
Basic (in dollars per share)

-0.08

-0.57

0.06

-0.45

-0.25

-0.03

0.06

-0.37

-0.26

0.47

0.19

0.05

-0.24

-1.39

0.15

-0.51

-0.51

-0.01

-0.28

-

-

-

-

-

-

Diluted (in dollars per share)

-0.08

-0.57

0.06

-0.45

-0.25

-0.03

0.06

-0.37

-0.26

0.47

0.19

0.05

-0.24

-1.39

0.15

-0.51

-0.51

-0.01

-0.28

-

-

-

-

-

-

Weighted average shares outstanding:
Basic (in shares)

50,525

50,078

50,227

50,146

50,042

50,075

49,853

49,864

49,741

50,225

49,676

49,670

49,661

49,283

49,567

49,279

49,718

49,924

49,457

-

-

-

-

-

-

Diluted (in shares)

50,525

50,017

50,288

50,146

50,042

49,618

50,309

49,864

49,741

50,898

50,169

50,035

49,661

49,223

49,627

49,279

49,718

49,924

49,457

-

-

-

-

-

-

Dividend income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

2

0

0

0

Net loss attributable to common shares outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-975

-305

-303

-137

-193

-38

Weighted average number of common shares outstanding, basic and diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,767

6,736

6,670

6,669

6,669

6,444

Net loss per common share outstanding, basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.14

-0.04

-0.04

-0.02

-0.02

-0.00