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 | 106.0 | -1,626.5 | -1,240.8 | -438.8 | -1,535.9 | -444.0 | -0.1 | -0.2 |
Revenue growth | -106.5% | 31.1% | 182.8% | -71.4% | 245.9% | 494533.8% | -48.5% | -100.0% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.2 | -0.2 |
Gross profit | 106.0 | -1,626.5 | -1,240.8 | -438.8 | -1,535.9 | -444.0 | 0.1 | 0.0 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | -73.4% | -5.2% |
Selling, general and administrative | 55.1 | 59.0 | 50.5 | 27.3 | 29.4 | 40.1 | 0.0 | 0.0 |
EBIT | 130.7 | -1,739.9 | -1,313.0 | -396.0 | -1,503.0 | -447.2 | 0.1 | 0.0 |
EBIT margin | 123.4% | 107.0% | 105.8% | 90.3% | 97.9% | 100.7% | -73.4% | -5.2% |
Pre-tax income | 95.8 | -1,684.0 | -1,281.7 | -423.7 | -1,532.4 | -458.5 | 0.0 | 0.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | | |
Net income | 95.8 | -1,684.0 | -1,281.7 | -423.7 | -1,532.4 | -458.5 | 0.4 | 1.2 |
Net margin | 90.4% | 103.5% | 103.3% | 96.6% | 99.8% | 103.2% | -479.6% | -710.9% |
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Diluted EPS | | | | | | | | |
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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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