pre_text: A. Selected Financial Data The table set forth below presents our selected historical consolidated financial data for the periods and at the dates indicated. The selected historical consolidated statements of income data for each of the three years ended March 31, 2019, 2018, and 2017 and the selected statements of financial position data as of March 31, 2019 and 2018 have been derived from and should be read in conjunction with “Part I — Item 5. Operating and Financial Review and Prospects” and our consolidated financial statements included elsewhere in this Annual Report on Form 20-F. The selected historical consolidated statements of income data for each of the two years ended March 31, 2016 and 2015 and the selected historical statements of financial position data as of March 31, 2017, 2016, and 2015 have been derived from audited consolidated financial statements not included in this Annual Report on Form 20-F. (1) References to “net income” in this document correspond to “profit/(loss) for the period” or “profit/(loss) for the year” line items in our consolidated financial statement appearing elsewhere in this document. (2) Gross Revenue is defined as reported revenue adjusted in respect of significant financing component that arises on account of normal credit terms provided to catalogue customers. (3) We use EBITDA, Adjusted EBITDA and Gross Adjusted EBITDA as supplemental financial measures. EBITDA is defined by us as net income before interest expense, income tax expense and depreciation and amortization (excluding amortization of capitalized film content and debt issuance costs). Adjusted EBITDA is defined as EBITDA adjusted for (gain)/impairment of available-for-sale financial assets, profit/loss on held for trading liabilities (including profit/loss on derivative financial instruments), transactions costs relating to equity transactions, share based payments, Loss / (Gain) on sale of property and equipment, Loss on de-recognition of financial assets measured at amortized cost, net, Credit impairment loss, net, Loss on financial liability (convertible notes) measured at fair value through profit and loss, Loss on deconsolidation of a subsidiary and exceptional items such as impairment of goodwill, trademark, film & content rights and content advances. Gross Adjusted EBITDA is defined as Adjusted EBITDA adjusted for amortization of intangible films and content rights. EBITDA, Adjusted EBITDA and Gross Adjusted EBITDA as used and defined by us, may not be comparable to similarly-titled measures employed by other companies and is not a measure of performance calculated in accordance with GAAP. EBITDA Adjusted EBITDA and Gross Adjusted EBITDA should not be considered in isolation or as a substitute for operating income, net income, cash flows from operating, investing and financing activities, or other income or cash flow statement data prepared in accordance with GAAP. EBITDA, Adjusted EBITDA and Gross Adjusted EBITDA provide no information regarding a Company’s capital structure, borrowings, interest costs, capital expenditures and working capital movement or tax position.
table: Year ended March 31,
table: 2019 2018 2017 2016 2015
table: (in thousands, except (Loss)/Earnings per share)
table: Selected Statement of Income Data
table: Revenue $270,126 $261,253 $252,994 $274,428 $284,175
table: Cost of sales (155,396) (134,708) (164,240) (172,764) (155,777)
table: Gross profit 114,730 126,545 88,754 101,664 128,398
table: Administrative costs (87,134) (68,029) (63,309) (64,019) (49,546)
table: Operating profit before exceptional item 27,596 58,516 25,445 37,645 78,852
table: Impairment loss (423,335) — — — —
table: Operating profit/(loss) (395,739) 58,516 25,445 37,645 78,852
table: Net finance costs (7,674) (17,813) (17,156) (8,010) (5,861)
table: Other gains/(losses), net 288 (41,321) 14,205 (3,636) (10,483)
table: Profit/(loss) before tax (403,125) (618) 22,494 25,999 62,508
table: Income tax (7,328) (9,127) (11,039) (12,711) (13,178)
table: Profit/(loss) for the year (1) $(410,453) $(9,745) $11,455 $13,288 $49,330
table: (Loss)/Earnings per share (cents)
table: Basic (loss)/earnings per share (599.5) (36.3) 6.4 6.6 74.3
table: Diluted (loss)/earnings per share (599.5) (36.3) 5.1 5.2 72.4
table: Weighted average number of ordinary shares
table: Basic 70,707 62,151 59,410 57,732 54,278
table: Diluted 72,170 63,482 60,943 59,036 54,969
table: Other non-GAAP measures
table: Gross Revenue (2) $304,593 $268,069 $252,994 $274,428 $284,175
table: EBITDA (3) $(393,188) $20,186 $42,548 $36,294 $70,066
table: Adjusted EBITDA (3) $103,845 $82,955 $55,664 $70,852 $101,150
table: Gross Adjusted EBITDA (3) $234,000 $198,240 $190,980 $199,155 $218,404
question: Analyse this data from a financial earnings document. What is the increase / (decrease) in revenue from 2018 to 2019?