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 |
Revenues | 688.7 | 474.6 | 306.0 | 148.0 | 3.2 |
Revenue growth | 45.1% | 55.1% | 106.7% | 4564.4% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 69.1 | 3.0 |
Gross profit | 688.7 | 474.6 | 306.0 | 78.9 | 0.2 |
Gross margin | 100.0% | 100.0% | 100.0% | 53.3% | 5.9% |
Selling, general and administrative | | | | 4.4 | 0.5 |
General and administrative | 10.4 | 7.7 | 6.2 | 3.0 | 0.3 |
EBIT | 678.4 | 466.9 | 299.9 | 74.5 | -0.4 |
EBIT margin | 98.5% | 98.4% | 98.0% | 50.4% | -11.2% |
Pre-tax income | 404.6 | 460.4 | 218.6 | 0.0 | 0.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | | |
Net income | 404.6 | 460.4 | 218.6 | 0.0 | 0.0 |
Net margin | 58.7% | 97.0% | 71.4% | 0.0% | 0.0% |
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Diluted EPS | $2.44 | $3.19 | $2.29 | $0.00 | $0.00 |
Shares outstanding (diluted) | 166.1 | 144.5 | 95.3 | 33,858.6 | 7,458.2 |
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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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