Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-19 | Dec-31-18 |
Revenues | 145.6 | 73.6 | 0.0 |
Cost of goods sold | 111.5 | 56.1 | 0.0 |
Gross profit | 34.1 | 17.5 | 0.0 |
Gross margin | 23.4% | 23.8% | |
Selling, general and administrative | 106.5 | 11.0 | 0.0 |
Research and development | 6.0 | 0.1 | |
EBITA | -71.6 | 6.4 | 0.0 |
EBITA margin | -49.2% | 8.7% | |
Amortization of intangibles | 6.9 | | |
EBIT | -78.5 | 6.4 | 0.0 |
EBIT margin | -53.9% | 8.7% | |
Pre-tax income | -122.5 | 6.3 | 3.9 |
Income taxes | 1.1 | 0.0 | 0.0 |
Tax rate | | 0.1% | |
Net income | -123.6 | 6.2 | 3.9 |
Net margin | -84.9% | 8.5% | |
|
Diluted EPS | ($1.15) | | |
Shares outstanding (diluted) | 107.0 | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|