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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
China | 55.4 | 67.4 | 35.2 | 26.8 | 31.5 | 25.0 | | 13.7 |
Other | 85.7 | 70.0 | 60.2 | 56.5 | 70.9 | 73.7 | | 63.8 |
Total revenues | 141.1 | 137.4 | 95.4 | 83.3 | 102.4 | 98.7 | 81.3 | 77.5 |
Revenue growth [+] | 2.7% | 44.1% | 14.5% | -18.7% | 3.8% | 21.3% | 5.0% | -7.2% |
China | -17.8% | 91.7% | 31.2% | -14.9% | 26.2% | | | -21.3% |
Cost of goods sold | 89.0 | 90.0 | 65.1 | 58.4 | 65.4 | 64.2 | 55.0 | 60.7 |
Gross profit | 52.1 | 47.4 | 30.3 | 24.8 | 37.0 | 34.5 | 26.4 | 16.8 |
Gross margin | 36.9% | 34.5% | 31.7% | 29.8% | 36.2% | 34.9% | 32.4% | 21.7% |
Selling, general and administrative | 25.7 | 24.2 | 19.2 | 19.3 | 19.0 | 17.0 | 13.9 | 16.1 |
Research and development | 13.9 | 10.3 | 7.1 | 5.8 | 5.9 | 4.8 | 5.9 | 5.7 |
Equity in earnings | 6.0 | 4.4 | 0.1 | -1.9 | -1.1 | -1.7 | -2.0 | 0.5 |
EBITDA [+] | 26.6 | 24.4 | 8.4 | 3.3 | 15.9 | 15.4 | 9.5 | 1.1 |
EBITDA growth | 9.2% | 190.8% | 150.9% | -79.0% | 3.7% | 61.4% | 800.8% | -79.8% |
EBITDA margin | 18.9% | 17.7% | 8.8% | 4.0% | 15.6% | 15.6% | 11.7% | 1.4% |
Depreciation and amortization | 8.1 | 7.1 | 4.3 | 5.5 | 4.9 | 4.4 | 4.9 | 5.5 |
EBIT [+] | 18.5 | 17.3 | 4.1 | -2.2 | 11.1 | 10.9 | 4.7 | -4.4 |
EBIT growth | 7.0% | 327.2% | -285.0% | -119.8% | 1.1% | 135.1% | -204.9% | 958.9% |
EBIT margin | 13.1% | 12.6% | 4.2% | -2.6% | 10.8% | 11.1% | 5.7% | -5.7% |
Non-recurring items | | | | | | | 0.2 | |
Interest income | 1.1 | 0.2 | 0.2 | 0.2 | 0.5 | 0.5 | 0.4 | 0.4 |
Interest income | 1.1 | 0.2 | 0.2 | 0.2 | 0.5 | 0.5 | 0.4 | 0.4 |
Other income (expense), net | 1.3 | 0.1 | 2.8 | 0.9 | 0.4 | -0.6 | 0.9 | 2.0 |
Pre-tax income | 20.9 | 17.6 | 7.1 | -1.0 | 11.9 | 10.9 | 5.7 | -2.0 |
Income taxes | 2.2 | 1.1 | 2.0 | 0.6 | 0.9 | 0.8 | 0.7 | 0.5 |
Tax rate | 10.4% | 6.2% | 28.7% | | 7.9% | 7.3% | 12.9% | |
Minority interest | 2.9 | 1.9 | 1.8 | 1.0 | 1.4 | -0.1 | -0.7 | -0.3 |
Net income | 15.8 | 14.6 | 3.2 | -2.6 | 9.7 | 10.1 | 5.6 | -2.2 |
Net margin | 11.2% | 10.6% | 3.4% | -3.1% | 9.4% | 10.3% | 6.9% | -2.9% |
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Basic EPS [+] | $0.38 | $0.35 | $0.08 | ($0.07) | $0.25 | $0.27 | $0.18 | ($0.07) |
Growth | 6.6% | 336.9% | -222.5% | -126.6% | -8.8% | 54.5% | -353.3% | 61.9% |
Diluted EPS [+] | $0.37 | $0.34 | $0.08 | ($0.07) | $0.24 | $0.26 | $0.17 | ($0.07) |
Growth | 8.5% | 332.3% | -219.9% | -127.5% | -7.9% | 52.0% | -347.5% | 61.9% |
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Shares outstanding (basic) [+] | 42.1 | 41.4 | 40.2 | 39.5 | 39.0 | 37.4 | 32.1 | 32.2 |
Growth | 1.8% | 3.0% | 1.7% | 1.1% | 4.3% | 16.5% | -0.1% | -0.8% |
Shares outstanding (diluted) [+] | 42.7 | 42.7 | 41.0 | 39.5 | 40.3 | 39.0 | 32.9 | 32.2 |
Growth | 0.0% | 4.1% | 3.9% | -1.9% | 3.3% | 18.5% | 2.2% | -0.8% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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