Financial Summary (All financials)
In millions, except per share items | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 |
Revenues | 94.7 | 92.9 | 76.9 | 58.0 | 46.8 | 34.7 | 24.7 | 15.5 |
Revenue growth | 1.9% | 20.7% | 32.5% | 24.0% | 35.0% | 40.6% | 59.4% | 49.0% |
Cost of goods sold | 34.9 | 29.9 | 25.9 | 20.5 | 17.8 | 12.7 | 7.8 | 2.6 |
Gross profit | 59.7 | 62.9 | 51.0 | 37.5 | 29.0 | 22.0 | 16.9 | 12.8 |
Gross margin | 63.1% | 67.8% | 66.3% | 64.6% | 62.0% | 63.5% | 68.5% | 82.9% |
Sales and marketing | 44.4 | 45.1 | 42.7 | 33.9 | 28.6 | 21.1 | 18.2 | 12.2 |
Research and development | 5.2 | 6.8 | 6.7 | 6.4 | 8.5 | 7.2 | 5.7 | 4.8 |
General and administrative | 12.2 | 12.2 | 10.8 | 10.7 | 8.9 | 6.7 | 5.6 | 4.2 |
EBIT | -2.0 | -1.1 | -9.2 | -13.6 | -17.0 | -12.9 | -12.5 | -8.4 |
EBIT margin | -2.2% | -1.2% | -11.9% | -23.4% | -36.2% | -37.3% | -50.8% | -54.4% |
Pre-tax income | -5.6 | -3.9 | -10.8 | -30.2 | -17.5 | -13.4 | -13.2 | -9.0 |
Income taxes | 0.1 | 0.0 | 0.0 | -0.3 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | 0.3% | 0.1% | 0.9% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -5.7 | -3.9 | -10.8 | -29.9 | -17.5 | -13.4 | -13.2 | -10.1 |
Net margin | -6.0% | -4.2% | -14.0% | -51.5% | -37.3% | -38.5% | -53.5% | -65.4% |
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Diluted EPS | ($0.07) | ($0.05) | ($0.14) | ($0.44) | ($0.33) | ($0.28) | ($0.29) | ($0.33) |
Shares outstanding (diluted) | 76.7 | 76.2 | 75.8 | 67.2 | 53.4 | 48.1 | 44.8 | 30.9 |
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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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