Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 287.5 | 247.9 | 205.8 | 148.6 | 106.0 | | |
Revenue growth | 16.0% | 20.4% | 38.5% | 40.2% | | | |
Cost of goods sold | 63.1 | 60.9 | 49.5 | 34.2 | 25.6 | | |
Gross profit | 224.3 | 187.0 | 156.3 | 114.4 | 80.4 | | |
Gross margin | 78.0% | 75.4% | 76.0% | 77.0% | 75.9% | | |
Sales and marketing | 160.6 | 138.0 | 113.8 | 86.9 | 67.6 | | |
Research and development | 69.5 | 63.0 | 42.4 | 26.8 | 19.3 | | |
General and administrative | 65.1 | 44.5 | 40.4 | 29.4 | 19.6 | | |
EBITA | -60.7 | -53.2 | -37.7 | -28.2 | -25.7 | | |
EBITA margin | -21.1% | -21.5% | -18.3% | -19.0% | -24.2% | | |
Amortization of intangibles | 10.2 | 5.3 | 2.5 | 0.6 | 0.3 | | |
EBIT | -70.8 | -58.5 | -40.2 | -28.7 | -26.0 | | |
EBIT margin | -24.6% | -23.6% | -19.5% | -19.3% | -24.5% | | |
Pre-tax income | -79.0 | -61.3 | -39.4 | -30.9 | -24.2 | | |
Income taxes | 0.6 | 0.1 | -0.3 | 0.3 | 0.1 | | |
Tax rate | | | 0.8% | | | | |
Net income | -79.6 | -61.5 | -39.0 | -31.2 | -24.2 | | |
Net margin | -27.7% | -24.8% | -19.0% | -21.0% | -22.9% | | |
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Diluted EPS | ($2.52) | ($2.01) | ($1.31) | ($1.08) | ($1.68) | | |
Shares outstanding (diluted) | 31.5 | 30.6 | 29.8 | 29.0 | 14.5 | | |
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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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