Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
Revenues | 60.9 | 62.7 | 60.2 | 56.6 | 54.8 | 63.6 | 73.8 | 97.7 |
Revenue growth | -2.8% | 4.2% | 6.4% | 3.1% | -13.8% | -13.8% | -24.5% | -21.1% |
Cost of goods sold | 29.0 | 30.7 | 29.4 | 27.3 | 27.1 | 30.9 | 36.4 | 44.1 |
Gross profit | 32.0 | 32.0 | 30.8 | 29.2 | 27.7 | 32.7 | 37.4 | 53.6 |
Gross margin | 52.5% | 51.0% | 51.1% | 51.7% | 50.5% | 51.5% | 50.7% | 54.9% |
Selling, general and administrative | 19.3 | 20.3 | 19.0 | 19.5 | 23.6 | 24.7 | 30.9 | 34.6 |
Research and development | 19.1 | 19.8 | 18.0 | 15.6 | 18.5 | 21.9 | 27.0 | 34.3 |
EBITA | -6.9 | -8.1 | -6.2 | -4.9 | -19.4 | -13.8 | -20.5 | -24.6 |
EBITA margin | -11.3% | -13.0% | -10.4% | -8.7% | -35.3% | -21.7% | -27.8% | -25.2% |
Amortization of intangibles | | | | | | | | 0.0 |
EBIT | -6.9 | -8.1 | -6.2 | -4.9 | -19.4 | -13.8 | -20.5 | -24.6 |
EBIT margin | -11.3% | -13.0% | -10.4% | -8.7% | -35.3% | -21.7% | -27.8% | -25.2% |
Pre-tax income | -3.9 | 3.2 | -5.1 | -1.9 | -16.5 | -13.9 | -18.1 | -25.6 |
Income taxes | 1.2 | 1.1 | 1.0 | 1.1 | 4.6 | 1.2 | 1.0 | 1.1 |
Tax rate | | 35.3% | | | | | | |
Net income | -5.0 | 2.1 | -6.1 | -3.0 | -21.1 | -15.1 | -19.1 | -25.8 |
Net margin | -8.3% | 3.3% | -10.2% | -5.3% | -38.5% | -23.7% | -25.9% | -26.4% |
|
Diluted EPS | $0.00 | $0.00 | $0.00 | $0.00 | ($0.02) | ($0.01) | ($0.01) | ($0.02) |
Shares outstanding (diluted) | 1,316.0 | 1,330.8 | 1,289.0 | 1,282.1 | 1,301.5 | 1,362.5 | 1,435.8 | 1,552.2 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|