GLOBUS MEDICAL INCGMED

Market cap

$9.4B

P/E ratio

76.7x

	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Revenues	386	434	474	545	564	636	713	785	789	958	1,023	1,568
Cost of sales	-	-	-	-	-	-	159	180	217	239	264	548
Gross profit	311	334	364	412	429	486	554	605	572	719	759	1,020
Research and development	28	27	32	37	45	44	55	60	85	97	73	124
Selling, general and administrative	169	183	188	214	222	268	312	355	355	408	432	643
Provision for litigation, net	-	-	-	-	-	-	-	-	0	6	2	0
Amortization of intangibles	-	-	-	-	3	8	10	14	17	19	18	51
Acquisition-related costs	-	-	-	-	2	2	2	3	4	17	6	68
Total operating expenses	196	232	225	240	275	324	384	433	460	547	531	887
Operating income/(loss)	115	102	138	172	154	162	169	172	111	172	228	133
Interest income/(expense), net	-	-	1	1	3	7	13	17	14	9	14	20
Foreign currency transaction gain/(loss)	-	-	-1	-1	-0	1	0	0	-0	-1	-1	14
Other income/(expense)	-	-	0	0	1	1	6	0	1	1	2	-
Other income (expense)	-	-	-	-	-	-	-	-	-	-	-	-2
Total other income/(expense), net	-0	0	0	1	3	8	19	18	14	8	15	32
Total	115	102	139	173	157	170	189	190	126	180	243	165
Income tax provision	41	33	46	60	53	63	32	35	24	31	53	43
Net income/(loss)	74	69	92	113	104	107	156	155	102	149	190	123
Unrealized gain/(loss) on marketable securities	-	-	-	-	-	-	-	-	1	-6	-14	13
Foreign currency translation gain/(loss)	-	-	-	-	-	-	-	-	5	-5	-4	1
Total other comprehensive income/(loss), net of tax	-	-	-	-	-	-	-	-	7	-11	-18	14
Comprehensive income/(loss)	-	-	-	-	-	-	-	-	109	138	172	137
Basic	0.82	0.74	0.98	1.19	1.09	1.12	1.6	1.57	1.04	1.48	1.89	1.09
Diluted	0.8	0.73	0.97	1.17	1.08	1.1	1.54	1.52	1.01	1.44	1.85	1.07