In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Revenues Services | 16.3 | 18.9 | | | | | | |
Managed services revenues | 9.2 | 11.5 | 11.9 | 10.8 | 58.9 | | | |
Other | | | 9.5 | 10.5 | 12.7 | | | |
Total revenues | 16.3 | 18.9 | 21.4 | 21.3 | 71.6 | 60.2 | 61.3 | 44.0 |
Revenue growth [+] | -13.6% | -11.7% | 0.2% | -70.3% | 19.0% | -1.7% | 39.1% | 2.5% |
Revenues Services | -13.6% | | | | | | | |
Managed services revenues | -20.1% | -3.5% | 9.9% | -81.6% | | | | |
Consulting and professional services revenues | -3.6% | -21.9% | -9.7% | 40.2% | | | | |
Cost of goods sold | 8.8 | 12.6 | 13.0 | 11.1 | 50.7 | 47.9 | 50.7 | 35.8 |
Gross profit | 7.5 | 6.2 | 8.3 | 10.2 | 20.9 | 12.3 | 10.6 | 8.2 |
Gross margin | 46.0% | 33.1% | 39.1% | 47.8% | 29.2% | 20.5% | 17.3% | 18.7% |
Selling, general and administrative [+] | 13.3 | 12.1 | 12.2 | 11.6 | 13.4 | 8.9 | 9.6 | 6.6 |
Sales and marketing | 5.3 | 5.6 | 5.3 | 5.2 | 5.7 | 2.7 | 2.8 | 2.1 |
General and administrative | 8.0 | 6.5 | 6.9 | 6.4 | 7.7 | 6.2 | 6.8 | 4.4 |
Other operating expenses | -1.2 | -0.7 | -0.2 | 0.4 | 3.9 | 0.8 | 0.0 | |
EBITDA [+] | -4.6 | -5.1 | -3.7 | -1.7 | 6.1 | 3.4 | 1.6 | 1.9 |
EBITDA growth | -10.9% | 37.9% | 122.4% | -127.4% | 78.5% | 111.7% | -14.6% | -1.0% |
EBITDA margin | -28.0% | -27.1% | -17.4% | -7.8% | 8.5% | 5.7% | 2.6% | 4.3% |
Depreciation | 0.2 | 0.2 | 0.2 | 0.3 | 0.4 | 0.2 | 0.2 | 0.1 |
EBITA | -4.8 | -5.3 | -3.9 | -2.0 | 5.7 | 3.2 | 1.5 | 1.8 |
EBITA margin | -29.2% | -28.1% | -18.2% | -9.5% | 8.0% | 5.3% | 2.4% | 4.0% |
Amortization of intangibles | 1.4 | 1.7 | 1.9 | 1.8 | 2.1 | 0.5 | 0.5 | 0.1 |
EBIT [+] | -6.1 | -7.0 | -5.8 | -3.8 | 3.6 | 2.7 | 1.0 | 1.7 |
EBIT growth | -12.3% | 20.6% | 51.1% | -205.5% | 36.5% | 173.3% | -41.9% | -6.0% |
EBIT margin | -37.5% | -37.0% | -27.1% | -18.0% | 5.1% | 4.4% | 1.6% | 3.8% |
Non-recurring items [+] | | 16.4 | 0.6 | | 0.2 | 2.6 | 0.0 | |
Asset impairment | | 16.4 | 0.6 | | 0.2 | 2.6 | | |
Loss (gain) on sale of assets | | | | | | | 0.0 | |
Interest expense, net [+] | 0.0 | 0.1 | 0.5 | 1.4 | 1.5 | 0.1 | 0.1 | 0.3 |
Interest expense | 0.0 | 0.1 | 0.6 | 1.4 | 1.5 | 0.1 | 0.1 | 0.3 |
Interest income | | 0.0 | 0.1 | | | | | |
Other income (expense), net [+] | 2.8 | 0.0 | 0.0 | 0.0 | 0.0 | | 0.6 | |
Gain (loss) on sale of assets | | | 0.0 | | | | | |
Other | | | | 0.0 | 0.0 | | | -0.3 |
Pre-tax income | -3.3 | -23.5 | -6.9 | -5.3 | 1.9 | -0.1 | 1.5 | 1.4 |
Income taxes | -1.1 | -5.0 | -1.5 | -1.3 | 2.4 | -5.1 | 0.2 | 0.1 |
Tax rate | 32.5% | 21.5% | 22.0% | 24.8% | 123.0% | 7850.6% | 10.4% | 5.6% |
Earnings from continuing ops | -2.2 | -18.5 | -5.4 | -4.0 | -0.4 | 5.0 | 1.3 | 1.3 |
Earnings from discontinued ops | | | 20.3 | 5.9 | | | | |
Net income | -2.2 | -18.5 | 14.9 | 1.9 | -0.4 | 5.0 | 1.3 | 1.3 |
Net margin | -13.8% | -97.9% | 69.7% | 8.9% | -0.6% | 8.3% | 2.1% | 3.0% |
|
Basic EPS [+] | ($0.18) | ($1.75) | ($0.55) | ($0.41) | ($0.05) | $0.61 | $0.16 | $0.06 |
Growth | -89.6% | 218.0% | 33.2% | 778.7% | -107.7% | 274.8% | 169.9% | -8.9% |
Diluted EPS [+] | ($0.18) | ($1.75) | ($0.54) | ($0.40) | ($0.05) | $0.60 | $0.16 | $0.06 |
Growth | -89.6% | 222.6% | 34.9% | 755.1% | -107.8% | 282.4% | 177.2% | -3.3% |
|
Shares outstanding (basic) [+] | 12.4 | 10.6 | 9.9 | 9.6 | 9.4 | 8.2 | 8.1 | 22.1 |
Growth | 16.9% | 7.2% | 2.6% | 1.9% | 15.3% | 1.5% | -63.5% | 8.9% |
Shares outstanding (diluted) [+] | 12.4 | 10.6 | 10.0 | 9.9 | 9.4 | 8.3 | 8.3 | 23.4 |
Growth | 16.9% | 5.7% | 1.3% | 4.8% | 13.8% | -0.5% | -64.5% | 2.6% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |