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 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 79.0 | 69.8 | 58.2 | 55.9 | 57.4 | 60.9 | 63.1 | 58.5 |
Revenue growth | 13.3% | 19.8% | 4.3% | -2.7% | -5.8% | -3.4% | 7.8% | -0.9% |
Cost of goods sold | 51.5 | 43.5 | 38.4 | 37.3 | 39.3 | 45.8 | 47.2 | 43.9 |
Gross profit | 27.5 | 26.3 | 19.8 | 18.5 | 18.1 | 15.1 | 15.9 | 14.6 |
Gross margin | 34.8% | 37.6% | 34.1% | 33.2% | 31.6% | 24.8% | 25.1% | 24.9% |
Selling, general and administrative | 37.9 | 27.9 | 18.7 | 19.5 | 15.8 | 20.2 | 19.5 | 16.8 |
EBITA | -10.5 | 1.2 | 2.3 | 0.0 | 3.3 | -4.1 | -3.0 | -1.7 |
EBITA margin | -13.3% | 1.7% | 3.9% | 0.0% | 5.7% | -6.7% | -4.7% | -2.9% |
Amortization of intangibles | | 2.0 | 1.4 | 1.0 | 1.0 | 1.0 | 0.7 | 0.5 |
EBIT | -10.5 | -0.9 | 0.9 | -0.9 | 2.3 | -5.1 | -3.7 | -2.2 |
EBIT margin | -13.3% | -1.2% | 1.6% | -1.7% | 4.0% | -8.3% | -5.8% | -3.8% |
Pre-tax income | -10.5 | -1.0 | 1.0 | -1.1 | 1.6 | -5.1 | -4.8 | -2.2 |
Income taxes | 1.5 | 0.8 | 0.4 | 1.1 | 1.8 | 0.3 | 1.1 | 1.2 |
Tax rate | | | 38.4% | | 115.7% | | | |
Net income | -12.0 | -1.7 | 0.6 | -2.1 | -0.3 | -5.1 | -5.5 | -2.8 |
Net margin | -15.2% | -2.4% | 1.1% | -3.8% | -0.4% | -8.3% | -8.8% | -4.8% |
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Diluted EPS | ($0.44) | ($0.06) | $0.02 | ($0.08) | ($0.01) | ($0.20) | ($0.22) | ($0.11) |
Shares outstanding (diluted) | 27.3 | 26.6 | 25.6 | 25.8 | 25.9 | 25.8 | 25.5 | 25.4 |
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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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