Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
Revenues | 55.4 | 72.4 | 50.4 | 31.0 | 5.7 |
Revenue growth | -23.4% | 43.6% | 62.8% | 440.2% | |
Cost of goods sold | 55.9 | 50.4 | 48.4 | 27.6 | 4.9 |
Gross profit | -0.5 | 21.9 | 2.0 | 3.3 | 0.8 |
Gross margin | -0.8% | 30.3% | 4.0% | 10.7% | 13.8% |
Selling, general and administrative | 16.2 | 11.2 | 5.5 | 3.5 | 2.8 |
EBIT | -20.1 | 10.7 | -3.8 | -0.2 | -0.7 |
EBIT margin | -36.3% | 14.9% | -7.5% | -0.5% | -13.0% |
Pre-tax income | -21.4 | 10.6 | -3.6 | -0.4 | -0.8 |
Income taxes | -4.5 | 1.8 | 0.1 | -0.6 | 0.5 |
Tax rate | 20.9% | 16.6% | | 145.0% | |
Net income | -24.7 | 6.1 | -3.5 | 0.2 | -1.4 |
Net margin | -44.5% | 8.5% | -7.0% | 0.8% | -24.3% |
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Diluted EPS | ($35.29) | $5.63 | ($0.84) | $0.07 | ($0.40) |
Shares outstanding (diluted) | 0.7 | 1.1 | 4.2 | 3.5 | 3.5 |
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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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