In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
| 10-K | 10-K | 10-K | 10-K | 10-K/A | S-1/A |
Revenues: |
Gaming and Entertainment | | | | | 16.3 | |
E-Sports | | | | | 4.3 | |
Gaming & Entertainment | | | | | | 13.6 |
Other | | | | | | 0.1 |
Total revenues | 6.1 | 4.2 | 3.2 | 7.5 | 20.6 | 13.7 |
Revenue growth | 45.2% | 30.8% | -57.5% | -63.4% | 50.7% | |
Cost of goods sold | 5.0 | 4.0 | 0.2 | 0.1 | 2.2 | 17.5 |
Gross profit | 1.1 | 0.2 | 3.0 | 7.4 | 18.4 | -3.8 |
Gross margin | 17.7% | 4.6% | 94.2% | 98.5% | 89.1% | -27.9% |
Selling, general and administrative [+] | 10.7 | 13.3 | 16.5 | 12.0 | 20.5 | 13.7 |
Sales and marketing | 0.2 | 0.3 | 0.3 | 1.6 | 4.0 | 3.4 |
General and administrative | 10.5 | 13.1 | 16.3 | 10.4 | 16.5 | 10.3 |
Equity in earnings | | | 6.1 | | | |
Other operating expenses | -0.1 | -0.7 | 9.0 | 5.6 | 10.3 | |
EBITDA [+] | -9.5 | -12.5 | -22.5 | -10.2 | -12.4 | -13.3 |
EBITDA growth | -23.5% | -44.6% | 120.6% | -17.9% | -6.7% | |
EBITDA margin | -156.3% | -296.7% | -701.4% | -135.3% | -60.4% | -97.5% |
Depreciation | 2.1 | 3.3 | 3.6 | 3.5 | 3.9 | 4.2 |
EBITA | -11.6 | -15.8 | -26.1 | -13.8 | -16.3 | -17.5 |
EBITA margin | -190.2% | -375.4% | -813.8% | -182.3% | -79.1% | -128.3% |
Amortization of intangibles | | | | | 2.8 | |
EBIT [+] | -11.6 | -15.8 | -26.1 | -13.8 | -19.1 | -17.5 |
EBIT growth | -26.4% | -39.6% | 89.9% | -28.1% | 9.2% | |
EBIT margin | -190.2% | -375.4% | -813.8% | -182.3% | -92.9% | -128.3% |
Non-recurring items [+] | 0.2 | | 5.6 | 0.6 | 9.7 | |
Asset impairment | 0.2 | | 5.6 | 0.6 | 9.7 | |
Interest expense | | 0.0 | 5.5 | 1.1 | 2.1 | 0.5 |
Interest expense | | 0.0 | 5.5 | 1.1 | 2.1 | 0.5 |
Other income (expense), net [+] | 11.8 | 15.8 | -8.5 | -0.1 | -0.1 | 0.0 |
Gain (loss) on debt retirement | | 0.9 | -3.4 | | | |
Gain (loss) on foreign currency transactions | | | | | -0.2 | 0.0 |
Other | 0.9 | 0.7 | | 0.0 | 0.1 | |
Pre-tax income | 0.0 | 0.0 | -45.8 | -15.5 | -31.0 | -18.1 |
Income taxes | 10.8 | 15.1 | -0.7 | 1.2 | -0.4 | 0.0 |
Tax rate | | | 1.6% | | 1.3% | 0.0% |
Minority interest | | | | | 0.4 | |
Earnings from continuing ops | -10.8 | -15.1 | -45.8 | -15.5 | -30.6 | -18.1 |
Earnings from discontinued ops | | -77.9 | 0.7 | -1.3 | | |
Net income | -10.8 | 62.9 | -45.1 | -16.7 | -30.6 | -18.1 |
Net margin | -177.4% | 1496.4% | -1403.3% | -221.8% | -148.6% | -132.3% |
|
Basic EPS [+] | ($0.28) | ($0.39) | ($1.60) | ($0.96) | ($2.64) | ($6.03) |
Growth | -28.3% | -75.8% | 66.9% | -63.8% | -56.2% | |
Diluted EPS [+] | ($0.28) | ($0.39) | ($1.60) | ($0.96) | ($2.64) | ($6.03) |
Growth | -28.3% | -75.8% | 66.9% | -63.8% | -56.2% | |
|
Shares outstanding (basic) [+] | 39.1 | 39.0 | 28.7 | 16.2 | 11.6 | 3.0 |
Growth | 0.2% | 36.0% | 77.5% | 39.3% | 286.8% | |
Shares outstanding (diluted) [+] | 39.1 | 39.0 | 28.7 | 16.2 | 11.6 | 3.0 |
Growth | 0.2% | 36.0% | 77.5% | 39.3% | 286.8% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |