Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 |
Revenues | 36.9 | 28.5 |
Revenue growth | 29.3% | |
Cost of goods sold | 16.8 | 11.9 |
Gross profit | 20.1 | 16.6 |
Gross margin | 54.4% | 58.3% |
Selling, general and administrative | 1.3 | -0.9 |
EBIT | 15.9 | 13.4 |
EBIT margin | 43.1% | 46.9% |
Pre-tax income | 15.1 | 12.8 |
Income taxes | 3.9 | 3.2 |
Tax rate | 26.0% | 24.8% |
Net income | 11.2 | 9.7 |
Net margin | 30.4% | 33.9% |
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Diluted EPS | $1.39 | $1.37 |
Shares outstanding (diluted) | 8.1 | 7.1 |
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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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