Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 48.0 | 7.7 |
Revenue growth | 521.5% | |
Cost of goods sold | 3.8 | 0.0 |
Gross profit | 44.2 | 7.7 |
Gross margin | 92.1% | 100.0% |
Selling, general and administrative | | 0.8 |
General and administrative | 3.1 | |
EBIT | 27.2 | 7.3 |
EBIT margin | 56.8% | 94.5% |
Pre-tax income | 25.0 | 0.0 |
Income taxes | 0.3 | -2.4 |
Tax rate | 1.4% | |
Net income | 24.7 | 0.0 |
Net margin | 51.4% | 0.0% |
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Diluted EPS | $2.18 | |
Shares outstanding (diluted) | 11.3 | |
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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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