Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
Revenues | 177.3 | 187.2 | 174.0 | 140.2 |
Revenue growth | -5.3% | 7.6% | 24.1% | |
Cost of goods sold | 145.4 | 161.3 | 164.1 | 133.5 |
Gross profit | 31.9 | 25.9 | 9.9 | 6.7 |
Gross margin | 18.0% | 13.8% | 5.7% | 4.8% |
Selling, general and administrative | 37.0 | 44.8 | 34.2 | 32.5 |
Sales and marketing | -22.0 | -4.9 | -20.7 | -12.2 |
EBIT | -49.0 | -28.7 | -65.7 | -50.2 |
EBIT margin | -27.7% | -15.3% | -37.8% | -35.8% |
Pre-tax income | -69.2 | -34.4 | -65.4 | -50.3 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -69.2 | -34.4 | -65.4 | -50.3 |
Net margin | -39.0% | -18.4% | -37.6% | -35.9% |
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Diluted EPS | ($5.30) | ($3.68) | ($7.06) | ($5.19) |
Shares outstanding (diluted) | 13.1 | 9.3 | 9.3 | 9.7 |
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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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