Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
Revenues | 70.0 | 52.9 | 37.2 |
Revenue growth | 32.5% | 42.2% | |
Cost of goods sold | 54.9 | 43.9 | 28.1 |
Gross profit | 15.1 | 9.0 | 9.1 |
Gross margin | 21.6% | 17.0% | 24.5% |
Sales and marketing | 3.3 | 3.4 | 1.4 |
General and administrative | 59.4 | 37.1 | 32.0 |
EBITA | -47.0 | -31.0 | -24.2 |
EBITA margin | -67.1% | -58.6% | -65.2% |
Amortization of intangibles | 0.6 | 0.5 | |
EBIT | -47.6 | -31.5 | -24.2 |
EBIT margin | -68.0% | -59.5% | -65.2% |
Pre-tax income | -168.5 | -36.9 | -28.8 |
Income taxes | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% |
Net income | -168.5 | -36.9 | -28.8 |
Net margin | -240.7% | -69.8% | -77.4% |
|
Diluted EPS | ($4.23) | ($1.92) | ($3.62) |
Shares outstanding (diluted) | 39.9 | 19.2 | 7.9 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|