Financial Summary (All financials)
| In millions, except per share items | Dec-31-20 | Dec-31-19 |
| Revenues | 251.3 | 214.2 |
| Revenue growth | 17.3% | |
| Cost of goods sold | 57.6 | 51.0 |
| Gross profit | 193.7 | 163.2 |
| Gross margin | 77.1% | 76.2% |
| Sales and marketing | 70.0 | 70.6 |
| Research and development | 48.3 | 43.1 |
| General and administrative | 51.8 | 42.3 |
| EBIT | -25.6 | -39.8 |
| EBIT margin | -10.2% | -18.6% |
| Pre-tax income | -64.9 | -80.2 |
| Income taxes | -16.7 | -21.1 |
| Tax rate | 25.8% | 26.4% |
| Net income | -48.2 | -59.1 |
| Net margin | -19.2% | -27.6% |
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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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