2022 Form 10-K Financial Statement
#000119312522183362 Filed on June 28, 2022
Income Statement
| Concept | 2022 | 2021 Q1 | 2021 |
|---|---|---|---|
| Revenue | $55.29M | $15.15M | $23.80M |
| YoY Change | 132.34% | -64.85% | |
| Cost Of Revenue | $8.966M | $478.0K | $2.057M |
| YoY Change | 335.88% | 81.87% | |
| Gross Profit | $46.32M | $14.67M | $21.74M |
| YoY Change | 113.08% | -67.34% | |
| Gross Profit Margin | 83.78% | 96.84% | 91.36% |
| Selling, General & Admin | $775.0M | $81.15M | $259.9M |
| YoY Change | 198.23% | -22.6% | |
| % of Gross Profit | 1673.21% | 553.23% | 1195.5% |
| Research & Development | $622.9M | $474.4M | $832.8M |
| YoY Change | -25.2% | 216.38% | |
| % of Gross Profit | 1344.84% | 3233.94% | 3830.89% |
| Depreciation & Amortization | $5.932M | ||
| YoY Change | |||
| % of Gross Profit | 12.81% | ||
| Operating Expenses | $1.398B | $555.5M | $1.093B |
| YoY Change | 27.94% | 82.42% | |
| Operating Profit | -$1.352B | -$540.8M | -$1.071B |
| YoY Change | 26.22% | 101.14% | |
| Interest Expense | $349.8M | -$12.29M | $90.39M |
| YoY Change | 286.97% | -161.46% | |
| % of Operating Profit | |||
| Other Income/Expense, Net | $6.591M | -$10.06M | -$33.41M |
| YoY Change | -119.73% | -398.82% | |
| Pretax Income | -$923.7M | -$563.2M | -$898.5M |
| YoY Change | 2.8% | 60.17% | |
| Income Tax | $369.0K | -$22.00K | $1.686M |
| % Of Pretax Income | |||
| Net Earnings | -$924.1M | -$509.6M | -$900.2M |
| YoY Change | 2.65% | -174.99% | |
| Net Earnings / Revenue | -1671.52% | -3364.35% | -3783.29% |
| Basic Earnings Per Share | -$1.26 | ||
| Diluted Earnings Per Share | -$1.262M | -$744.1K | -$1.182M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 669.8M | ||
| Diluted Shares Outstanding | 669.8M |
Balance Sheet
| Concept | 2022 | 2021 Q1 | 2021 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $2.060B | $1.460M | $2.055B |
| YoY Change | 0.26% | -5.87% | |
| Cash & Equivalents | $2.060B | $2.142B | $2.055B |
| Short-Term Investments | |||
| Other Short-Term Assets | $86.12M | $240.0K | $118.1M |
| YoY Change | -27.09% | 469.0% | |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $11.22M | ||
| Other Receivables | $2.610M | ||
| Total Short-Term Assets | $2.147B | $1.700M | $2.187B |
| YoY Change | -1.85% | -1.45% | |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $86.95M | $77.03M | |
| YoY Change | 12.88% | 4.19% | |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $325.8M | $410.8M | $289.5M |
| YoY Change | 12.53% | 209.85% | |
| Other Assets | $25.82M | $36.13M | |
| YoY Change | -28.52% | -60.05% | |
| Total Long-Term Assets | $438.6M | $410.8M | $402.7M |
| YoY Change | 8.92% | 56.2% | |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $2.147B | $1.700M | $2.187B |
| Total Long-Term Assets | $438.6M | $410.8M | $402.7M |
| Total Assets | $2.585B | $412.5M | $2.590B |
| YoY Change | -0.18% | 4.55% | |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $34.58M | $110.0K | $20.55M |
| YoY Change | 68.29% | 99.4% | |
| Accrued Expenses | $138.9M | $18.45M | $89.25M |
| YoY Change | 55.66% | 16.73% | |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $184.4M | $18.58M | $219.0M |
| YoY Change | -15.8% | 137.7% | |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $210.0M | $170.3M | |
| YoY Change | 23.34% | 56.81% | |
| Other Long-Term Liabilities | $129.3M | $26.14M | $138.4M |
| YoY Change | -6.6% | -17.42% | |
| Total Long-Term Liabilities | $339.3M | $26.14M | $308.7M |
| YoY Change | 9.91% | 11.76% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $184.4M | $18.58M | $219.0M |
| Total Long-Term Liabilities | $339.3M | $26.14M | $308.7M |
| Total Liabilities | $928.2M | $44.72M | $791.9M |
| YoY Change | 17.21% | 78.0% | |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$1.918B | ||
| YoY Change | |||
| Common Stock | $0.00 | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $1.657B | $1.798B | $1.798B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $2.585B | $412.5M | $2.590B |
| YoY Change | -0.18% | 4.55% |
Cashflow Statement
| Concept | 2022 | 2021 Q1 | 2021 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$924.1M | -$509.6M | -$900.2M |
| YoY Change | 2.65% | -174.99% | |
| Depreciation, Depletion And Amortization | $5.932M | ||
| YoY Change | |||
| Cash From Operating Activities | -$677.7M | -$552.1M | -$552.1M |
| YoY Change | 22.75% | -27.23% | |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$17.44M | -$5.806M | -$5.806M |
| YoY Change | 200.31% | 18.1% | |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $320.7M | -$25.90M | -$25.90M |
| YoY Change | -1338.53% | -101.52% | |
| Cash From Investing Activities | $303.3M | -$31.70M | -$31.70M |
| YoY Change | -1056.71% | -101.87% | |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 306.8M | 456.3M | 456.3M |
| YoY Change | -32.76% | 113.13% | |
| NET CHANGE | |||
| Cash From Operating Activities | -677.7M | -552.1M | -552.1M |
| Cash From Investing Activities | 303.3M | -31.70M | -31.70M |
| Cash From Financing Activities | 306.8M | 456.3M | 456.3M |
| Net Change In Cash | -67.64M | -127.6M | -127.6M |
| YoY Change | -46.98% | -111.09% | |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$677.7M | -$552.1M | -$552.1M |
| Capital Expenditures | -$17.44M | -$5.806M | -$5.806M |
| Free Cash Flow | -$660.3M | -$546.3M | -$546.3M |
| YoY Change | 20.86% | -27.53% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1445000 | |
| CY2022 | dei |
Entity Registrant Name
EntityRegistrantName
|
Roivant Sciences Ltd. | |
| CY2022Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00000003 | |
| CY2021Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00000003 | |
| CY2022Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
0 | |
| CY2021Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
0 | |
| CY2022Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
4421614000 | |
| CY2021Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3814805000 | |
| CY2022Q1 | roiv |
Subscriptions Receivable
SubscriptionsReceivable
|
0 | |
| CY2021Q1 | roiv |
Subscriptions Receivable
SubscriptionsReceivable
|
-100000000 | |
| CY2022Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2763724000 | |
| CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1918462000 | |
| CY2022Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-946000 | |
| CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1656944000 | |
| CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1797788000 | |
| CY2022Q1 | us-gaap |
Minority Interest
MinorityInterest
|
381999000 | |
| CY2021Q1 | us-gaap |
Minority Interest
MinorityInterest
|
241726000 | |
| CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2038943000 | |
| CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2039514000 | |
| CY2022 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.26 | |
| CY2021 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.28 | |
| CY2022 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
669753458 | |
| CY2021 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
630046720 | |
| CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2086204000 | |
| CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
301744000 | |
| CY2021 | roiv |
Issuance Of Subsidiary Common Shares Net Value
IssuanceOfSubsidiaryCommonSharesNetValue
|
456097000 | |
| CY2021 | roiv |
Exercise Of Subsidiary Stock Options And Vesting Of Subsidiary Restricted Stock Units
ExerciseOfSubsidiaryStockOptionsAndVestingOfSubsidiaryRestrictedStockUnits
|
907000 | |
| CY2021 | roiv |
Deconsolidation Of Subsidiary
DeconsolidationOfSubsidiary
|
-3054000 | |
| CY2021 | roiv |
Consolidation Of Unconsolidated Entity
ConsolidationOfUnconsolidatedEntity
|
9178000 | |
| CY2021 | roiv |
Repurchase Of Equity Awards
RepurchaseOfEquityAwards
|
113000 | |
| CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
84958000 | |
| CY2021 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
3826000 | |
| CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-900233000 | |
| CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2039514000 | |
| CY2022 | roiv |
Issuance Of Subsidiary Warrants
IssuanceOfSubsidiaryWarrants
|
2075000 | |
| CY2022 | roiv |
Stock Issued During Period Value Common Shares Upon Closing Of Business Combination And Pipe Financing
StockIssuedDuringPeriodValueCommonSharesUponClosingOfBusinessCombinationAndPipeFinancing
|
129097000 | |
| CY2022 | roiv |
Stock Issued During Period Value Subsidiary Preferred Shares
StockIssuedDuringPeriodValueSubsidiaryPreferredShares
|
70000000 | |
| CY2022 | roiv |
Adjustments Of Payment Of Subscription Receivable Value Equity Component
AdjustmentsOfPaymentOfSubscriptionReceivableValueEquityComponent
|
100000000 | |
| CY2022 | roiv |
Repurchase Of Equity Awards
RepurchaseOfEquityAwards
|
2247000 | |
| CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
57167000 | |
| CY2022 | roiv |
Issuance Of Stock Upon Warrants Exercise Value
IssuanceOfStockUponWarrantsExerciseValue
|
778000 | |
| CY2022 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
412000 | |
| CY2022 | roiv |
Deconsolidation Of Subsidiary
DeconsolidationOfSubsidiary
|
3578000 | |
| CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
564956000 | |
| CY2022 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-2271000 | |
| CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-924116000 | |
| CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2038943000 | |
| CY2022 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-179000000 | |
| CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.1938 | |
| CY2021 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-150778000 | |
| CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.1678 |
