Overview Financials News + Filings Key Docs Ownership Insiders |
Recent News + Filings (All items)
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Revenue Mix by Segment
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Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 264.1 | 0.0 | 0.0 |
Cost of goods sold | 0.0 | 0.0 | 0.0 |
Gross profit | 264.1 | 0.0 | 0.0 |
Gross margin | 100.0% | | |
Selling, general and administrative | 61.5 | 23.5 | 14.0 |
Research and development | 197.6 | 108.7 | 70.2 |
EBITA | -70.9 | -126.4 | -79.2 |
EBITA margin | -26.9% | | |
Amortization of intangibles | 3.8 | | |
EBIT | -74.7 | -126.4 | -79.2 |
EBIT margin | -28.3% | | |
Pre-tax income | -190.9 | -114.1 | -110.3 |
Income taxes | -10.5 | 0.0 | 0.0 |
Tax rate | 5.5% | | |
Net income | -180.3 | -114.2 | -110.3 |
Net margin | -68.3% | | |
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Diluted EPS | ($0.61) | ($1.10) | ($4.11) |
Shares outstanding (diluted) | 294.9 | 103.9 | 26.8 |
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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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