Overview Financials News + Filings Key Docs Ownership
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| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| | 20-F | 20-F | 20-F |
| Revenues | 302.1 | 179.9 | 105.8 |
| Revenue growth | 67.9% | 70.0% | |
| Cost of goods sold | 174.2 | 117.9 | 78.0 |
| Gross profit | 127.9 | 61.9 | 27.8 |
| Gross margin | 42.3% | 34.4% | 26.3% |
| Selling, general and administrative [+] | 147.0 | 55.4 | 49.2 |
| Sales and marketing | 75.4 | 37.6 | 37.0 |
| General and administrative | 71.6 | 17.9 | 12.2 |
| Research and development | 174.3 | 77.4 | 52.0 |
| Other operating expenses | -9.8 | -1.1 | 0.0 |
| EBITDA [+] | -180.2 | -68.2 | -72.7 |
| EBITDA growth | 164.3% | -6.2% | |
| EBITDA margin | -59.7% | -37.9% | -68.7% |
| Depreciation and amortization | 3.4 | 1.7 | 0.8 |
| EBIT [+] | -183.6 | -69.8 | -73.4 |
| EBIT growth | 162.8% | -4.9% | |
| EBIT margin | -60.8% | -38.8% | -69.4% |
| Interest income | 8.0 | 3.1 | 3.3 |
| Interest income | 8.0 | 3.1 | 3.3 |
| Other income (expense), net [+] | 0.6 | 0.1 | -0.2 |
| Gain (loss) on foreign currency transactions | -0.6 | -0.1 | -0.2 |
| Other | 2.0 | | |
| Pre-tax income | -174.9 | -66.7 | -70.4 |
| Income taxes | 0.5 | 0.2 | 0.1 |
| Net income | -175.4 | -66.9 | -73.9 |
| Net margin | -58.1% | -37.2% | -69.9% |
| |
| Basic EPS [+] | ($0.36) | ($0.30) | ($0.33) |
| Growth | 19.0% | -9.5% | |
| Diluted EPS [+] | ($0.36) | ($0.30) | ($0.33) |
| Growth | 19.0% | -9.5% | |
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| Shares outstanding (basic) [+] | 489.1 | 222.0 | 222.0 |
| Growth | 120.4% | 0.0% | |
| Shares outstanding (diluted) [+] | 489.1 | 222.0 | 222.0 |
| Growth | 120.4% | 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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