Financial Summary (All financials)
In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 |
Revenues | 1,821.8 | 886.0 | 436.1 |
Revenue growth | 105.6% | 103.2% | |
Cost of goods sold | 2,105.2 | 926.2 | 468.9 |
Gross profit | -283.4 | -40.2 | -32.8 |
Gross margin | -15.6% | -4.5% | -7.5% |
Sales and marketing | 378.7 | 143.4 | 43.4 |
General and administrative | 357.5 | 454.0 | 115.3 |
EBIT | -1,691.0 | -931.8 | -396.3 |
EBIT margin | -92.8% | -105.2% | -90.9% |
Pre-tax income | -1,928.3 | -939.2 | -429.7 |
Income taxes | -0.9 | -5.7 | 0.0 |
Tax rate | 0.0% | 0.6% | |
Net income | -1,610.8 | -884.0 | -429.7 |
Net margin | -88.4% | -99.8% | -98.5% |
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Diluted EPS | $365,258.96 | ($5.54) | ($2.66) |
Shares outstanding (diluted) | 0.0 | 159.6 | 161.5 |
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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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