Financial Summary (All financials)
In millions, except per share items | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
Revenues | 240.2 | 366.4 | 366.4 | 360.1 | 234.7 | 287.4 | 149.1 | 174.0 |
Revenue growth | -34.4% | 1.7% | | 53.5% | -18.4% | 92.7% | -14.3% | 6.9% |
Cost of goods sold | 191.0 | 238.0 | 238.0 | 226.3 | 156.0 | 178.7 | 98.1 | 131.4 |
Gross profit | 49.2 | 128.4 | 128.4 | 133.8 | 78.7 | 108.7 | 51.0 | 42.6 |
Gross margin | 20.5% | 35.0% | 35.0% | 37.2% | 33.5% | 37.8% | 34.2% | 24.5% |
Selling, general and administrative | | | | | | | | |
Sales and marketing | 47.1 | 58.9 | 58.9 | 46.8 | 38.6 | 32.4 | 24.4 | 28.6 |
Research and development | 19.1 | 17.5 | 17.5 | 12.3 | 7.9 | 5.6 | 5.6 | 8.3 |
General and administrative | 32.6 | 31.6 | 31.6 | 25.6 | 21.8 | 16.7 | 15.7 | 19.6 |
EBITA | -49.6 | 21.7 | 20.4 | 50.1 | 11.1 | 54.3 | 5.7 | -9.7 |
EBITA margin | -20.6% | 5.9% | 5.6% | 13.9% | 4.7% | 18.9% | 3.8% | -5.6% |
Amortization of intangibles | | 1.3 | | 0.9 | 0.6 | 0.3 | 0.3 | 4.1 |
EBIT | -49.6 | 20.4 | 20.4 | 49.2 | 10.4 | 54.0 | 5.3 | -13.8 |
EBIT margin | -20.6% | 5.6% | 5.6% | 13.7% | 4.4% | 18.8% | 3.6% | -7.9% |
Pre-tax income | -54.5 | 20.1 | 20.1 | 52.5 | 11.7 | 40.9 | -2.7 | -87.6 |
Income taxes | 0.0 | 2.4 | 0.0 | 13.7 | -6.2 | 1.7 | 0.6 | -0.4 |
Tax rate | 0.0% | 12.1% | 0.0% | 26.1% | | 4.2% | | 0.4% |
Net income | -59.5 | 17.7 | 17.7 | 38.7 | 17.9 | 39.2 | -3.2 | -87.2 |
Net margin | -24.8% | 4.8% | 4.8% | 10.8% | 7.6% | 13.6% | -2.2% | -50.1% |
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Diluted EPS | ($3.62) | $0.97 | $0.97 | $2.37 | $1.14 | $2.74 | ($0.26) | ($7.18) |
Shares outstanding (diluted) | 16.5 | 18.3 | 18.3 | 16.4 | 15.7 | 14.3 | 12.3 | 12.1 |
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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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