Financial key figures
Overview of financial key figures (IFRS)
| (USD 000s except per share data) | Q1 2020 | FY 2019 | FY 2018 |
| Revenues | 501,221 | 2,085,857 | 1,578,065 |
| Gross profit | 185,892 | 799,859 | 429,195 |
| Gross margin in % (adj.)1) | 39% | 41% | 32% |
| Gross margin in % (IFRS reported) | 37% | 38% | 27% |
| Research and development | -65,506 | -288,970 | -264,500 |
| Selling, general and administrative | -64,533 | -193,585 | -157,217 |
| Result from operations (adj.)1) | 101,044 | 433,376 | 141,156 |
| Financial result | -72,908 | -14,324 | 86,789 |
| Result before tax | -13,119 | 349,367 | 101,046 |
| Net result (adj.)3) | -17,048 | 331,641 | 11,780 |
| Earnings per share in CHF2) (basic/diluted) (adj.)3) | -0.20/ -0.05 | 4.15 / 4.05 | 0.15 / 0.14 |
| Earnings per share in USD (basic/diluted) (adj.)3) | -0.21 / -0.05 | 4.13 / 4.03 | 0.14 / 0.13 |
1) Adjusted for acquisition-related and share-based compensation costs.
2) Earnings per share in CHF were converted using the average currency exchange rate for the respective period.
3) Net result and earnings per share excluding valuation effect of the option element of the convertible bond.