Overview Financials News + Filings
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| In millions, except per share items | Dec-31-19 | Dec-31-18 |
| | S-1/A | S-1/A |
| Revenues | 721.6 | 19,636.8 |
| Revenue growth | -96.3% | |
| Cost of goods sold | 119.1 | 129.8 |
| Gross profit | 602.5 | 19,507.0 |
| Gross margin | 83.5% | 99.3% |
| Selling, general and administrative [+] | 3,371.6 | 19,964.9 |
| Sales and marketing | 2,674.2 | 18,952.4 |
| General and administrative | 697.3 | 1,012.5 |
| Research and development | 418.1 | 433.7 |
| Other operating expenses | -40.6 | 0.0 |
| EBIT [+] | -3,146.6 | -891.6 |
| EBIT growth | 252.9% | |
| EBIT margin | -436.1% | -4.5% |
| Other income (expense), net | -2.9 | 9.7 |
| Pre-tax income | -3,149.5 | -881.9 |
| Income taxes | 0.0 | -228.6 |
| Tax rate | 0.0% | 25.9% |
| Net income | 0.0 | 0.0 |
| Net margin | 0.0% | 0.0% |
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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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