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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Total revenues | 148.5 | 111.1 | 88.0 | 85.6 | 85.8 | 101.9 | 107.5 | 98.0 |
Revenue growth | 33.8% | 26.1% | 2.9% | -0.2% | -15.8% | -5.2% | 9.7% | -2.2% |
Cost of goods sold [+] | 47.9 | 44.2 | 36.8 | 33.5 | 42.8 | 47.5 | 44.4 | 39.0 |
Amortization of intangibles | | | | | | | | 0.2 |
Cost of licenses and services | | | | | | | | 38.8 |
Gross profit | 100.6 | 66.9 | 51.3 | 52.1 | 43.0 | 54.4 | 63.0 | 59.0 |
Gross margin | 67.8% | 60.2% | 58.2% | 60.9% | 50.1% | 53.4% | 58.6% | 60.2% |
Selling, general and administrative | 45.3 | 37.6 | 32.7 | 26.3 | 23.9 | 23.7 | 22.1 | 20.4 |
Research and development | 56.1 | 43.8 | 34.7 | 32.7 | 28.0 | 30.1 | 27.6 | 19.1 |
Other operating expenses | | 3.2 | | | | 0.4 | 0.4 | 0.2 |
EBITDA [+] | 6.9 | -9.4 | -8.6 | -2.7 | -3.4 | 5.8 | 17.4 | 22.3 |
EBITDA growth | -173.2% | 9.6% | 219.5% | -20.6% | -158.1% | -66.3% | -22.0% | -25.6% |
EBITDA margin | 4.7% | -8.5% | -9.8% | -3.2% | -4.0% | 5.7% | 16.2% | 22.7% |
Depreciation | 5.5 | 6.2 | 6.7 | 3.6 | 5.0 | 4.8 | 3.6 | 2.6 |
EBITA | 1.4 | -15.7 | -15.3 | -6.3 | -8.4 | 1.1 | 13.8 | 19.6 |
EBITA margin | 0.9% | -14.1% | -17.4% | -7.4% | -9.8% | 1.0% | 12.8% | 20.0% |
Amortization of intangibles | 3.5 | 3.3 | 1.4 | 1.2 | 1.0 | 0.9 | 0.8 | 0.4 |
EBIT [+] | -2.1 | -19.0 | -16.8 | -7.5 | -9.4 | 0.2 | 13.0 | 19.2 |
EBIT growth | -89.0% | 13.2% | 122.6% | -19.5% | -5034.7% | -98.5% | -32.6% | -31.0% |
EBIT margin | -1.4% | -17.1% | -19.1% | -8.8% | -10.9% | 0.2% | 12.1% | 19.6% |
Non-recurring items | | | | 0.1 | 0.6 | | | |
Other income (expense), net | 2.6 | 0.7 | -1.3 | 0.3 | 0.5 | -0.3 | 0.0 | 0.2 |
Pre-tax income | 0.5 | -18.3 | -18.1 | -7.4 | -9.5 | -0.1 | 13.0 | 19.4 |
Income taxes | 3.9 | 3.2 | 22.3 | -1.9 | -1.7 | 1.3 | 3.9 | 7.0 |
Tax rate | 829.6% | | | 26.4% | 18.4% | | 29.7% | 36.1% |
Net income | -3.4 | -21.5 | -40.4 | -5.4 | -7.7 | -1.3 | 9.1 | 12.4 |
Net margin | -2.3% | -19.3% | -45.8% | -6.3% | -9.0% | -1.3% | 8.5% | 12.7% |
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Basic EPS [+] | ($0.09) | ($0.58) | ($1.17) | ($0.17) | ($0.24) | ($0.04) | $0.29 | $0.39 |
Growth | -84.1% | -50.6% | 600.7% | -30.3% | 474.8% | -114.4% | -26.5% | -34.3% |
Diluted EPS [+] | ($0.09) | ($0.58) | ($1.17) | ($0.17) | ($0.24) | ($0.04) | $0.28 | $0.39 |
Growth | -84.1% | -50.6% | 600.7% | -30.3% | 474.8% | -114.9% | -27.2% | -33.3% |
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Shares outstanding (basic) [+] | 37.3 | 37.1 | 34.5 | 32.4 | 32.2 | 32.0 | 31.4 | 31.4 |
Growth | 0.5% | 7.8% | 6.3% | 0.8% | 0.4% | 2.1% | -0.2% | 2.2% |
Shares outstanding (diluted) [+] | 37.3 | 37.1 | 34.5 | 32.4 | 32.2 | 32.0 | 32.4 | 32.2 |
Growth | 0.5% | 7.8% | 6.3% | 0.8% | 0.4% | -1.2% | 0.8% | 0.7% |
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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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