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 | 125.0 | 153.1 | 63.3 | 86.5 | 91.5 | 74.8 | 36.0 | 11.7 |
Revenue growth | -18.3% | 141.7% | -26.8% | -5.5% | 22.3% | 108.0% | 208.6% | 480.1% |
Cost of goods sold | 43.6 | 36.3 | 22.3 | 19.0 | 20.7 | 19.6 | 1.3 | 0.4 |
Gross profit | 81.5 | 116.8 | 41.0 | 67.5 | 70.8 | 55.2 | 34.7 | 11.2 |
Gross margin | 65.2% | 76.3% | 64.7% | 78.1% | 77.3% | 73.8% | 96.3% | 96.2% |
General and administrative | 17.4 | 13.7 | 6.6 | 6.0 | 6.5 | 5.1 | 4.1 | 2.8 |
EBIT | 29.7 | 65.2 | 0.7 | 12.0 | 11.5 | 2.8 | -14.7 | -7.1 |
EBIT margin | 23.7% | 42.6% | 1.2% | 13.9% | 12.6% | 3.7% | -40.9% | -60.5% |
Pre-tax income | 17.2 | 41.3 | -18.4 | -11.6 | -21.0 | -3.2 | -24.6 | -9.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | 0.0% | 0.0% | | | 0.0% | | 0.0% |
Net income | 17.2 | 41.3 | -18.4 | -11.7 | -21.1 | -3.2 | -24.6 | -9.0 |
Net margin | 13.8% | 27.0% | -29.0% | -13.5% | -23.0% | -4.3% | -68.4% | -76.8% |
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Diluted EPS | $0.97 | $2.16 | ($5.49) | ($12.21) | ($134.39) | ($1.35) | ($1.20) | ($0.83) |
Shares outstanding (diluted) | 17.7 | 19.1 | 3.3 | 1.0 | 0.2 | 2.4 | 20.6 | 10.8 |
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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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