Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 122.0 | 104.9 |
Revenue growth | 16.3% | |
Cost of goods sold | 58.5 | 50.8 |
Gross profit | 63.6 | 54.1 |
Gross margin | 52.1% | 51.6% |
Sales and marketing | 22.3 | 18.1 |
Research and development | 12.7 | 13.2 |
General and administrative | 8.8 | 5.9 |
EBIT | 8.3 | 5.3 |
EBIT margin | 6.8% | 5.1% |
Pre-tax income | 11.7 | 5.2 |
Income taxes | 1.2 | 1.5 |
Tax rate | 9.8% | 28.9% |
Net income | 0.0 | 0.0 |
Net margin | 0.0% | 0.0% |
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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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