Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
2 Months Ended 4 Months Ended 12 Months Ended
Dec. 31, 2021
Oct. 19, 2021
Dec. 31, 2022
Jun. 30, 2021
Jun. 30, 2020
Revenues:          
Total revenues $ 154.1 $ 168.0 $ 717.8 $ 611.6 $ 478.2
Cost of revenues:          
Total cost of revenues 100.2 97.7 407.7 359.8 281.2
Gross profit 53.9 70.3 310.1 251.8 197.0
Operating expenses:          
Selling, general and administrative 70.1 101.6 362.3 211.2 158.1
Research and development 6.7 10.3 30.3 29.4 15.9
Goodwill impairment 0.0 0.0 211.8 0.0 0.0
Impairment loss on business held for sale 0.0 0.0 3.5 0.0 0.0
Total operating expenses 76.8 111.9 607.9 240.6 174.0
(Loss) income from operations (22.9) (41.6) (297.8) 11.2 23.0
Other expense (income):          
Third party interest expense 6.2 12.5 41.9 41.0 41.5
Related party interest expense (Note 9) 0.0 40.3 0.0 122.2 107.7
Loss on debt extinguishment 0.0 15.9 0.0 0.0 0.0
Foreign currency loss (gain), net 1.6 (0.6) 4.9 13.4 (0.6)
Decrease in fair value of warrant liabilities (1.2) 0.0 (37.6) 0.0 0.0
Other (income) expense, net 0.3 1.6 (0.4) (1.1) (1.0)
Loss before income taxes (29.8) (111.3) (306.6) (164.3) (124.6)
Benefit from income taxes (6.8) (5.6) (18.2) (5.9) (5.5)
Net loss (23.0) (105.7) (288.4) (158.4) (119.1)
Loss attributable to noncontrolling interests (0.8) 0.0 (11.5) (0.1) 0.0
Net loss attributable to Mirion Technologies, Inc. (Successor) / Mirion Technologies (TopCo), Ltd. (Predecessor) stockholders $ (22.2) $ (105.7) $ (276.9) $ (158.3) $ (119.1)
Net loss per common share attributable to Mirion Technologies, Inc. (Successor) / Mirion Technologies (TopCo), Ltd. (Predecessor) stockholders — basic (in dollars per share) $ (0.12) $ (15.81) $ (1.53) $ (24.18) $ (18.45)
Net loss per common share attributable to Mirion Technologies, Inc. (Successor) / Mirion Technologies (TopCo), Ltd. (Predecessor) stockholders — diluted (in dollars per share) $ (0.12) $ (15.81) $ (1.53) $ (24.18) $ (18.45)
Weighted average common shares outstanding — basic (in shares) 180,773 6,685 181,149 6,549 6,453
Weighted average common shares outstanding — diluted (in shares) 180,773 6,685 181,149 6,549 6,453
Product          
Revenues:          
Total revenues $ 120.9 $ 123.4 $ 533.0 $ 459.3 $ 353.0
Cost of revenues:          
Total cost of revenues 83.1 74.0 307.5 284.1 216.8
Service          
Revenues:          
Total revenues 33.2 44.6 184.8 152.3 125.2
Cost of revenues:          
Total cost of revenues $ 17.1 $ 23.7 $ 100.2 $ 75.7 $ 64.4