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 | 185.9 | 165.5 | 141.9 | 115.5 | 98.6 | 61.9 | 164.2 | 13.1 |
Revenue growth | 12.3% | 16.7% | 22.9% | 17.2% | 59.2% | -62.3% | 1150.1% | |
Cost of goods sold | 149.8 | 20.5 | 74.1 | 30.9 | 28.9 | 18.4 | 10.5 | 4.7 |
Gross profit | 36.1 | 145.0 | 67.8 | 84.5 | 69.6 | 43.5 | 153.7 | 8.4 |
Gross margin | 19.4% | 87.6% | 47.8% | 73.2% | 70.7% | 70.2% | 93.6% | 63.9% |
General and administrative | 17.6 | 14.2 | 14.2 | 10.5 | 7.8 | 4.9 | 2.9 | 2.0 |
EBITA | 32.2 | 142.3 | 54.1 | 88.1 | 101.3 | 60.2 | 28.1 | 17.3 |
EBITA margin | 17.3% | 86.0% | 38.1% | 76.3% | 102.8% | 97.2% | 17.1% | 131.4% |
Amortization of intangibles | 0.1 | | | | | | | |
EBIT | 32.1 | 142.3 | 54.1 | 88.1 | 101.3 | 60.2 | 28.1 | 17.3 |
EBIT margin | 17.3% | 86.0% | 38.1% | 76.3% | 102.8% | 97.2% | 17.1% | 131.4% |
Pre-tax income | 37.7 | 137.9 | 54.8 | 90.5 | 89.7 | 61.2 | 28.6 | 17.6 |
Income taxes | 0.1 | 0.7 | 0.4 | 0.6 | -0.1 | 1.1 | -1.2 | 0.4 |
Tax rate | 0.2% | 0.5% | 0.8% | 0.6% | | 1.8% | | 2.2% |
Net income | 15.4 | 125.6 | 53.6 | 90.5 | 87.3 | 58.8 | 28.5 | 16.7 |
Net margin | 8.3% | 75.9% | 37.7% | 78.4% | 88.6% | 95.0% | 17.3% | 127.5% |
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Diluted EPS | $0.23 | $2.21 | $0.96 | $1.57 | $1.58 | $1.30 | $0.28 | $1.95 |
Shares outstanding (diluted) | 67.6 | 56.8 | 56.1 | 57.5 | 55.2 | 45.3 | 101.7 | 8.6 |
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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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