Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
Revenues | 843.3 | 724.5 | 376.2 |
Revenue growth | 16.4% | 92.6% | |
Cost of goods sold | 171.4 | 147.8 | 69.3 |
Gross profit | 671.9 | 576.8 | 307.0 |
Gross margin | 79.7% | 79.6% | 81.6% |
Selling, general and administrative | 591.0 | 431.3 | 235.0 |
EBIT | 80.9 | 145.5 | 72.0 |
EBIT margin | 9.6% | 20.1% | 19.1% |
Pre-tax income | 87.5 | 132.0 | -100.6 |
Income taxes | 25.6 | 24.9 | 3.1 |
Tax rate | 29.2% | 18.9% | |
Net income | 62.0 | 107.0 | -103.7 |
Net margin | 7.3% | 14.8% | -27.6% |
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Diluted EPS | $0.43 | $0.74 | $0.00 |
Shares outstanding (diluted) | 144.6 | 144.4 | 98,681.1 |
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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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