Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Sep-30-17 | Dec-31-16 | Sep-30-16 |
Revenues | 145.1 | 18.3 | 18.8 | 21.0 | 26.1 | 0.2 | 5.2 | 1.2 |
Revenue growth | 694.3% | -2.7% | -10.8% | -19.3% | 398.4% | -85.5% | | -86.5% |
Cost of goods sold | 129.0 | 17.5 | 15.0 | 6.9 | 5.5 | 0.3 | 6.3 | 1.0 |
Gross profit | 16.0 | 0.8 | 3.8 | 14.1 | 20.5 | -0.2 | -1.1 | 0.2 |
Gross margin | 11.1% | 4.3% | 20.3% | 67.0% | 78.7% | -101.7% | -20.7% | 17.1% |
Sales and marketing | 6.1 | 1.7 | 3.8 | 14.7 | 23.9 | 0.1 | 6.2 | 0.1 |
Research and development | 45.5 | 9.4 | 8.7 | 3.5 | 1.0 | | 2.9 | 0.1 |
General and administrative | 30.1 | 29.9 | 22.8 | 6.8 | 2.5 | 1.5 | 2.1 | 1.9 |
EBITA | -65.6 | -40.3 | -31.5 | -10.8 | -6.9 | 16.7 | -12.3 | 16.5 |
EBITA margin | -45.2% | -220.4% | -167.8% | -51.4% | -26.3% | 9663.0% | -234.7% | 1385.8% |
Amortization of intangibles | | | | | | 18.5 | | 18.4 |
EBIT | -65.6 | -40.3 | -31.5 | -10.8 | -6.9 | -1.7 | -12.3 | -1.9 |
EBIT margin | -45.2% | -220.4% | -167.8% | -51.4% | -26.3% | -1010.4% | -234.7% | -159.6% |
Pre-tax income | -69.6 | -40.1 | -32.0 | -11.9 | -6.8 | -0.2 | -13.0 | -0.2 |
Income taxes | -8.1 | -0.2 | -0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 11.7% | 0.5% | 0.2% | | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -68.8 | -39.9 | -31.5 | -11.9 | -6.8 | -0.2 | -13.0 | -0.2 |
Net margin | -47.4% | -218.3% | -167.8% | -56.7% | -26.1% | -126.6% | -249.4% | -13.4% |
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Diluted EPS | ($0.21) | ($0.18) | ($0.16) | ($0.16) | ($6,810,454.00) | ($0.16) | ($13,049,031.00) | ($0.11) |
Shares outstanding (diluted) | 334.9 | 222.0 | 201.0 | 72.9 | 0.0 | 1.4 | 0.0 | 1.4 |
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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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