In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Dyeing and finishing equipment | | | | 9.3 | 13.5 | 17.4 | | 42.2 |
Sharing Economy | | | | 0.2 | 0.1 | | | |
Forged rolled rings and related components | | | | | | | | 33.7 |
Total revenues [+] | 0.2 | 0.1 | 0.0 | 0.2 | 13.5 | 17.4 | 29.0 | 76.0 |
Grants | | | | | | | | 0.0 |
Revenue growth [+] | 357.9% | 75.1% | -85.8% | -98.5% | -22.1% | -40.1% | -61.8% | 5.3% |
Dyeing and finishing equipment | | | | -30.9% | -22.5% | | | 10.1% |
Sharing Economy | | | | 255.9% | | | | |
Forged rolled rings and related components | | | | | | | | -0.1% |
Cost of goods sold | 0.1 | 0.0 | 0.0 | 0.5 | 13.7 | 14.8 | 22.5 | 58.2 |
Gross profit | 0.2 | 0.1 | 0.0 | -0.3 | -0.2 | 2.5 | 6.5 | 17.7 |
Gross margin | 77.3% | 98.4% | 16.3% | -137.2% | -1.2% | 14.7% | 22.4% | 23.4% |
Selling, general and administrative | 4.0 | 2.7 | 5.8 | 14.2 | 3.6 | 2.0 | 1.5 | 3.7 |
Research and development | | | | | 0.4 | 0.3 | 0.1 | 0.1 |
Equity in earnings | | | | -1.0 | -0.1 | | | |
Other operating expenses | -0.3 | 2.1 | -4.4 | -0.4 | 7.6 | -0.1 | 0.5 | 1.2 |
EBITDA [+] | -3.3 | -4.4 | -1.1 | -14.5 | -7.6 | 4.4 | 8.8 | 21.3 |
EBITDA growth | -26.0% | 312.2% | -92.6% | 90.5% | -274.6% | -50.3% | -58.7% | 2.5% |
EBITDA margin | -1378.6% | -8535.0% | -3625.6% | -6977.8% | -56.4% | 25.1% | 30.3% | 28.0% |
Depreciation | 0.1 | 0.1 | 0.0 | 0.0 | 4.0 | 3.8 | 4.4 | 8.5 |
EBITA | -3.4 | -4.6 | -1.1 | -14.5 | -11.6 | 0.5 | 4.4 | 12.8 |
EBITA margin | -1435.6% | -8794.4% | -3723.4% | -6987.1% | -85.6% | 3.1% | 15.2% | 16.9% |
Amortization of intangibles | 0.1 | 0.2 | 0.3 | 0.4 | 0.3 | 0.2 | 0.1 | 0.1 |
EBIT [+] | -3.5 | -4.8 | -1.4 | -15.0 | -11.9 | 0.3 | 4.3 | 12.7 |
EBIT growth | -26.4% | 246.9% | -90.8% | 25.9% | -3521.4% | -92.0% | -66.0% | -9.0% |
EBIT margin | -1476.9% | -9185.4% | -4636.9% | -7198.5% | -88.0% | 2.0% | 14.9% | 16.7% |
Non-recurring items [+] | 0.6 | -0.9 | 5.7 | 1.4 | 0.5 | 1.7 | | 3.8 |
Asset impairment | 0.0 | -2.0 | 0.9 | 0.5 | 0.5 | 1.7 | | 3.8 |
Interest expense, net [+] | 0.4 | 1.0 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 |
Interest expense | 0.4 | 1.0 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 |
Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Other income (expense), net [+] | 0.6 | -1.9 | 4.8 | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 |
Gain (loss) on foreign currency transactions | | | | | | | | 0.0 |
Other non-operating income | | | | | | | 0.0 | |
Other | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | -0.1 |
Pre-tax income | -3.9 | -6.8 | -2.6 | -16.6 | -12.4 | -1.4 | 4.2 | 8.8 |
Income taxes | 0.0 | 0.0 | 24.5 | 0.0 | 0.0 | 10.3 | 1.2 | 4.6 |
Tax rate | 0.0% | 0.0% | | | 0.0% | | 28.9% | 51.7% |
Minority interest | 0.0 | -0.1 | -0.4 | -1.0 | 0.0 | | | |
Earnings from continuing ops | -3.9 | -6.7 | -2.1 | -15.6 | -12.8 | -1.4 | 18.8 | 4.3 |
Earnings from discontinued ops | | | -25.0 | -26.4 | -0.1 | -10.3 | -15.8 | |
Net income | -3.9 | -6.7 | -27.1 | -42.0 | -12.9 | -11.7 | 3.0 | 4.3 |
Net margin | -1635.3% | -12940.7% | -91340.7% | -20173.0% | -95.4% | -67.3% | 10.3% | 5.6% |
|
Basic EPS [+] | ($0.02) | ($0.06) | ($0.01) | ($0.08) | ($6.99) | ($1.17) | $19.05 | $1.15 |
Growth | -71.7% | 448.2% | -86.4% | -98.8% | 496.9% | -106.1% | 1558.9% | -55.0% |
Diluted EPS [+] | ($0.02) | ($0.06) | ($0.01) | ($0.08) | ($6.99) | ($1.17) | $19.05 | $1.15 |
Growth | -71.7% | 448.2% | -86.4% | -98.8% | 496.9% | -106.1% | 1558.9% | -55.0% |
|
Shares outstanding (basic) [+] | 221.0 | 108.1 | 188.3 | 186.8 | 1.8 | 1.2 | 1.0 | 3.7 |
Growth | 104.5% | -42.6% | 0.8% | 10092.1% | 54.0% | 20.8% | -73.5% | 15.7% |
Shares outstanding (diluted) [+] | 221.0 | 108.1 | 188.3 | 186.8 | 1.8 | 1.2 | 1.0 | 3.7 |
Growth | 104.5% | -42.6% | 0.8% | 10092.1% | 54.0% | 20.8% | -73.5% | 15.7% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |