Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-19 |
Revenues | 11.6 | 10.5 | 5.6 |
Revenue growth | 9.9% | | |
Cost of goods sold | 11.2 | 9.9 | 4.4 |
Gross profit | 0.4 | 0.6 | 1.3 |
Gross margin | 3.2% | 6.2% | 22.5% |
Selling, general and administrative | 9.4 | 5.6 | 5.3 |
EBITA | -13.2 | -5.3 | -4.0 |
EBITA margin | -114.6% | -50.8% | -71.4% |
Amortization of intangibles | | 0.0 | |
EBIT | -13.2 | -5.4 | -4.0 |
EBIT margin | -114.6% | -51.0% | -71.4% |
Pre-tax income | -9.0 | -5.0 | -4.0 |
Income taxes | 3.4 | 0.6 | 0.0 |
Tax rate | | | 0.0% |
Net income | -12.5 | -5.5 | -4.0 |
Net margin | -107.8% | -52.7% | -70.8% |
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Diluted EPS | ($0.04) | ($0.04) | ($39.88) |
Shares outstanding (diluted) | 255.8 | 141.0 | 0.1 |
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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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