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 | 79.2 | 55.6 | 37.8 | 49.5 | 45.6 | 35.3 | 46.0 | 51.1 |
Revenue growth | 42.4% | 47.0% | -23.6% | 8.6% | 29.4% | -23.3% | -10.1% | 0.2% |
Cost of goods sold | 65.5 | 55.9 | 44.6 | 51.0 | 45.2 | 42.8 | 52.7 | 54.3 |
Gross profit | 13.7 | -0.3 | -6.7 | -1.4 | 0.4 | -7.5 | -6.8 | -3.2 |
Gross margin | 17.3% | -0.5% | -17.8% | -2.9% | 1.0% | -21.3% | -14.7% | -6.2% |
Selling, general and administrative | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
EBIT | 21.5 | 8.9 | -2.2 | 15.1 | 4.3 | -3.3 | 0.3 | 3.1 |
EBIT margin | 27.1% | 16.1% | -5.9% | 30.6% | 9.4% | -9.3% | 0.7% | 6.1% |
Pre-tax income | 23.2 | 9.2 | 0.1 | 14.6 | 5.6 | -3.1 | 1.3 | 4.0 |
Income taxes | 7.4 | 3.8 | 0.8 | 4.0 | 1.3 | -1.3 | 0.5 | 1.1 |
Tax rate | 31.9% | 41.7% | 1011.0% | 27.3% | 23.8% | 41.3% | 39.6% | 27.9% |
Net income | 15.8 | 5.3 | -0.7 | 10.6 | 4.3 | -1.8 | 0.8 | 3.0 |
Net margin | 20.0% | 9.6% | -2.0% | 21.4% | 9.3% | -5.1% | 1.7% | 5.8% |
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Diluted EPS | $0.59 | $0.20 | ($0.03) | $0.40 | $0.16 | ($0.08) | $0.04 | $0.14 |
Shares outstanding (diluted) | 26.7 | 26.4 | 26.3 | 26.1 | 26.0 | 21.7 | 20.8 | 20.7 |
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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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