Financial Summary (All financials)
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 |
Revenues | 8.5 | 73.8 | 58.6 | 57.2 | 53.6 | 46.4 | 41.3 | 41.8 |
Revenue growth | -88.4% | 25.8% | 2.6% | 6.8% | 15.4% | 12.3% | -1.1% | 14.5% |
Cost of goods sold | 0.0 | 23.9 | 22.6 | 23.5 | 22.7 | 19.4 | 19.3 | 18.8 |
Gross profit | 8.5 | 49.9 | 36.1 | 33.6 | 30.9 | 27.0 | 22.0 | 23.0 |
Gross margin | 100.0% | 67.6% | 61.5% | 58.8% | 57.7% | 58.2% | 53.3% | 55.0% |
Selling, general and administrative | 3.5 | | | | | | | |
Sales and marketing | | 0.5 | 0.5 | 0.8 | 0.7 | 0.5 | 0.6 | 0.6 |
General and administrative | | 6.6 | 6.1 | 5.6 | 5.0 | 4.3 | 4.1 | 3.7 |
EBITA | 5.0 | 43.5 | 28.9 | 26.6 | 24.4 | 21.4 | 15.1 | 16.8 |
EBITA margin | 58.9% | 58.9% | 49.3% | 46.5% | 45.7% | 46.0% | 36.6% | 40.3% |
Amortization of intangibles | | 0.5 | 0.6 | 0.7 | 0.8 | | | |
EBIT | 5.0 | 43.0 | 28.3 | 25.9 | 23.7 | 21.4 | 15.1 | 16.8 |
EBIT margin | 58.9% | 58.2% | 48.3% | 45.3% | 44.2% | 46.0% | 36.6% | 40.3% |
Pre-tax income | 5.0 | 34.6 | 20.6 | 20.9 | 15.4 | 16.4 | 11.7 | 10.0 |
Income taxes | -0.9 | 8.7 | 4.5 | 5.7 | 4.2 | 9.2 | 4.4 | 3.6 |
Tax rate | | 25.2% | 21.8% | 27.1% | 27.1% | 56.0% | 37.6% | 36.4% |
Net income | 28.3 | 25.9 | 16.1 | 15.3 | 11.2 | 7.2 | 7.3 | 6.3 |
Net margin | 331.9% | 35.1% | 27.5% | 26.7% | 21.0% | 15.5% | 17.7% | 15.1% |
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Diluted EPS | | $4.47 | $2.74 | $2.75 | $2.02 | $1.56 | $1.59 | $1.35 |
Shares outstanding (diluted) | | 5.8 | 5.9 | 5.6 | 5.6 | 4.6 | 4.6 | 4.7 |
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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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