Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Sep-30-18 |
Revenues | 132.0 | 12.5 | 6.0 | 4.0 |
Revenue growth | 957.4% | 109.3% | | |
Cost of goods sold | 17.7 | 3.7 | 1.4 | -0.7 |
Gross profit | 114.4 | 8.8 | 4.6 | 4.7 |
Gross margin | 86.6% | 70.4% | 76.4% | 118.8% |
Selling, general and administrative | | | | -0.6 |
General and administrative | 3.3 | 1.1 | 0.4 | |
EBIT | 55.5 | 0.5 | 1.3 | 1.0 |
EBIT margin | 42.0% | 3.6% | 21.5% | 24.9% |
Pre-tax income | 52.8 | -1.7 | 1.1 | 1.0 |
Income taxes | 0.5 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.9% | | 0.0% | 0.0% |
Net income | 40.5 | -1.8 | 0.8 | 1.0 |
Net margin | 30.7% | -14.0% | 13.9% | 24.8% |
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Diluted EPS | $0.47 | ($0.26) | $3.11 | $408.72 |
Shares outstanding (diluted) | 85.3 | 6.8 | 0.3 | 0.0 |
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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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