Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-05-20 | Dec-31-19 | Dec-31-18 |
Revenues | -125.1 | 88.4 | 211.7 | 72.5 | 58.9 | 83.2 | 195.2 | 190.5 |
Revenue growth | -159.1% | 21.9% | 259.6% | -12.8% | -69.8% | | 2.4% | 8.3% |
Cost of goods sold | -185.1 | 92.6 | 0.0 | 92.6 | 0.0 | 88.9 | 0.0 | 0.0 |
Gross profit | 60.0 | -4.1 | 211.7 | -20.0 | 58.9 | -5.7 | 195.2 | 190.5 |
Gross margin | -48.0% | -4.7% | 100.0% | -27.6% | 100.0% | -6.8% | 100.0% | 100.0% |
Selling, general and administrative | | 2.6 | | 2.6 | | 2.6 | 4.1 | |
General and administrative | 4.2 | | 4.2 | | 4.7 | | 2.3 | 2.4 |
EBIT | -190.2 | -6.7 | -37.5 | -22.7 | -103.2 | -8.2 | 188.2 | 185.4 |
EBIT margin | 152.0% | -7.6% | -17.7% | -31.2% | -175.2% | -9.9% | 96.4% | 97.3% |
Pre-tax income | -9.2 | 0.0 | 133.8 | 0.0 | 71.4 | 0.0 | 0.0 | 0.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | | 0.0% | | 0.0% | | | |
Net income | -9.2 | 0.0 | 133.8 | 0.0 | 71.4 | 0.0 | 0.0 | 0.0 |
Net margin | 7.4% | 0.0% | 63.2% | 0.0% | 121.2% | 0.0% | 0.0% | 0.0% |
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Diluted EPS | ($0.16) | $0.00 | $2.32 | $0.00 | $1.23 | $0.00 | $0.00 | $0.00 |
Shares outstanding (diluted) | 57.8 | 57.8 | 57.8 | 57.8 | 58.0 | 58.0 | 58.8 | 58.8 |
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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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