Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 500.3 | 0.0 |
Cost of goods sold | 1.1 | 1.5 |
Gross profit | 499.1 | -1.5 |
Gross margin | 99.8% | |
Selling, general and administrative | | 0.0 |
Sales and marketing | 0.3 | 0.0 |
General and administrative | 500.0 | 0.0 |
EBIT | -1.1 | -1.5 |
EBIT margin | -0.2% | |
Pre-tax income | 12.9 | 15.7 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | 12.9 | 15.7 |
Net margin | 2.6% | |
|
Diluted EPS | $0.33 | $0.43 |
Shares outstanding (diluted) | 38.8 | 36.3 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|