Financial Summary (All financials)
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 |
Revenues | 102.1 | 82.7 | 77.3 | 55.3 | 46.3 | 45.1 | 50.0 | 37.5 |
Revenue growth | 23.4% | 7.0% | 39.8% | 19.3% | 2.8% | -9.8% | 33.2% | 17.2% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 102.1 | 82.7 | 77.3 | 55.3 | 46.3 | 45.1 | 50.0 | 37.5 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative | | | | | | | | |
General and administrative | 7.2 | 6.4 | 6.4 | 5.3 | 4.5 | 5.0 | 4.8 | 5.7 |
EBIT | 94.9 | 76.3 | 70.9 | 50.0 | 29.8 | 30.7 | 36.3 | 31.8 |
EBIT margin | 93.0% | 92.3% | 91.7% | 90.5% | 64.4% | 68.0% | 72.7% | 84.8% |
Pre-tax income | 61.2 | 22.2 | 37.5 | 39.0 | 30.6 | 30.7 | 36.3 | 23.0 |
Income taxes | 0.7 | 0.4 | 0.5 | 0.4 | 0.2 | 0.2 | 0.0 | 0.2 |
Tax rate | 1.2% | 1.6% | 1.4% | 1.1% | 0.6% | 0.7% | | 1.0% |
Earnings from continuing ops | 60.5 | 21.8 | 37.0 | 38.6 | 30.4 | 25.9 | 27.3 | 22.5 |
Earnings from discontinued ops | | | | | | 14.4 | 7.0 | 1.9 |
Net income | 60.5 | 21.8 | 37.0 | 38.6 | 30.4 | 40.3 | 34.3 | 24.4 |
Net margin | 59.2% | 26.4% | 47.9% | 69.8% | 65.6% | 89.4% | 68.6% | 65.0% |
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Diluted EPS | $1.42 | $0.66 | $1.28 | $1.35 | $1.07 | $0.91 | $0.95 | $0.79 |
Shares outstanding (diluted) | 42.7 | 33.2 | 28.8 | 28.7 | 28.6 | 28.5 | 28.6 | 28.6 |
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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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