Financial Summary (All financials)
| In millions, except per share items | Dec-31-19 | Dec-31-18 |
| Revenues | 418.7 | 325.4 |
| Revenue growth | 28.7% | |
| Cost of goods sold | 111.5 | 97.1 |
| Gross profit | 307.2 | 228.4 |
| Gross margin | 73.4% | 70.2% |
| Selling, general and administrative | 44.6 | 40.6 |
| Research and development | 8.7 | 8.9 |
| EBIT | 262.6 | 187.8 |
| EBIT margin | 62.7% | 57.7% |
| Pre-tax income | 174.5 | 105.0 |
| Income taxes | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% |
| Net income | 174.5 | 105.0 |
| Net margin | 41.7% | 32.3% |
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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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