Financial Summary (All financials)
In millions, except per share items | Dec-31-18 | Dec-31-17 |
Revenues | 39.8 | 49.9 |
Revenue growth | -20.3% | |
Cost of goods sold | 29.9 | 37.8 |
Gross profit | 9.9 | 12.1 |
Gross margin | 24.8% | 24.3% |
Sales and marketing | 2.9 | 4.3 |
General and administrative | 0.0 | 5.8 |
EBITA | -21.8 | 2.1 |
EBITA margin | -54.7% | 4.1% |
Amortization of intangibles | 4.5 | 1.3 |
EBIT | -26.2 | 0.8 |
EBIT margin | -66.0% | 1.6% |
Pre-tax income | -33.5 | 0.0 |
Income taxes | -0.3 | -0.4 |
Tax rate | 0.9% | 1135.3% |
Net income | -33.2 | 0.4 |
Net margin | -83.6% | 0.8% |
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Diluted EPS | ($2.43) | $0.04 |
Shares outstanding (diluted) | 13.7 | 9.7 |
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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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