Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 343.1 | 406.7 | 332.3 | 36.6 | 8.9 | 40.7 | 17.7 | 5.3 |
Revenue growth | -15.6% | 22.4% | 807.4% | 312.0% | -78.1% | 129.8% | 236.2% | 32.9% |
Cost of goods sold | 261.1 | 158.4 | 226.7 | 80.9 | 16.4 | 0.0 | 0.0 | 0.0 |
Gross profit | 82.0 | 248.2 | 105.7 | -44.3 | -7.5 | 40.7 | 17.7 | 5.3 |
Gross margin | 23.9% | 61.0% | 31.8% | -121.0% | -84.0% | 100.0% | 100.0% | 100.0% |
Sales and marketing | 20.0 | 26.8 | 30.0 | 25.8 | 16.9 | 8.0 | 4.4 | 3.3 |
Research and development | 22.4 | 29.0 | 25.7 | | | 5.1 | 3.0 | 2.3 |
General and administrative | 52.6 | 65.5 | 131.0 | 77.0 | 36.0 | 14.0 | 14.8 | 2.1 |
EBITA | 10.7 | -6.1 | -63.1 | 4.5 | -68.4 | 5.7 | -9.6 | -5.3 |
EBITA margin | 3.1% | -1.5% | -19.0% | 12.3% | -769.1% | 13.9% | -54.5% | -101.5% |
Amortization of intangibles | 11.4 | 12.3 | 11.9 | 4.7 | 1.0 | 0.1 | | |
EBIT | -0.7 | -18.4 | -75.0 | -0.2 | -69.4 | 5.5 | -9.6 | -5.3 |
EBIT margin | -0.2% | -4.5% | -22.6% | -0.6% | -780.2% | 13.6% | -54.5% | -101.5% |
Pre-tax income | -134.0 | 8.7 | -73.1 | -0.2 | 8.6 | 10.2 | -9.4 | -5.2 |
Income taxes | -0.4 | 9.2 | 5.5 | 1.1 | 0.3 | -0.1 | -0.4 | 0.0 |
Tax rate | 0.3% | 105.9% | | | 3.9% | | 4.3% | 0.0% |
Net income | -133.6 | -0.5 | -78.6 | -1.9 | 9.4 | 8.1 | -9.8 | -5.2 |
Net margin | -38.9% | -0.1% | -23.7% | -5.1% | 106.1% | 20.0% | -55.6% | -97.9% |
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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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