Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Feb-28-19 |
Revenues | 38.6 | 41.7 | 39.3 | 45.8 | 43.1 |
Revenue growth | -7.5% | 6.3% | -14.3% | | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 38.6 | 41.7 | 39.3 | 45.8 | 43.1 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative | | | | 41.3 | 35.2 |
General and administrative | 6.5 | 8.4 | 4.3 | | |
EBITA | -1.3 | 4.1 | 0.0 | 4.6 | 8.2 |
EBITA margin | -3.3% | 9.9% | 0.0% | 10.0% | 19.1% |
Amortization of intangibles | 0.1 | 0.2 | 1.3 | | 0.3 |
EBIT | -1.4 | 3.9 | -1.3 | 4.6 | 7.9 |
EBIT margin | -3.6% | 9.4% | -3.3% | 10.0% | 18.4% |
Pre-tax income | -9.5 | -3.9 | -11.2 | 3.8 | 7.9 |
Income taxes | 0.3 | 0.3 | 15.6 | 1.6 | 2.5 |
Tax rate | | | | 43.9% | 31.9% |
Net income | 27.6 | -8.8 | -28.9 | 2.0 | 5.4 |
Net margin | 71.5% | -21.2% | -73.6% | 4.4% | 12.5% |
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Diluted EPS | $2.06 | ($1.22) | ($4.07) | $0.91 | $3.22 |
Shares outstanding (diluted) | 13.4 | 7.2 | 7.1 | 2.2 | 1.7 |
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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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