Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
Revenues | 182.7 | 173.6 | 184.6 | 194.1 | 217.7 | 261.9 | 264.6 | 273.2 |
Revenue growth | 5.2% | -5.9% | -4.9% | -10.8% | -16.9% | -1.1% | -3.1% | 1.8% |
Cost of goods sold | 37.3 | 35.9 | 33.6 | 34.3 | 38.5 | 53.1 | 45.7 | 48.9 |
Gross profit | 145.4 | 137.7 | 151.0 | 159.8 | 179.1 | 208.8 | 218.9 | 224.3 |
Gross margin | 79.6% | 79.3% | 81.8% | 82.3% | 82.3% | 79.7% | 82.7% | 82.1% |
Sales and marketing | 99.6 | 98.9 | 96.7 | 114.3 | 136.1 | 173.2 | 146.1 | 150.9 |
Research and development | 24.5 | 25.2 | 24.7 | 26.3 | 29.9 | 33.2 | 34.0 | 23.5 |
General and administrative | 34.3 | 33.2 | 34.1 | 40.5 | 50.1 | 57.1 | 56.4 | 55.3 |
EBITA | -11.4 | -16.3 | -0.7 | -17.0 | -31.8 | -48.4 | -16.6 | -5.2 |
EBITA margin | -6.2% | -9.4% | -0.4% | -8.8% | -14.6% | -18.5% | -6.3% | -1.9% |
Amortization of intangibles | 1.5 | 3.3 | 3.8 | 4.4 | 5.2 | 6.3 | 1.8 | 0.0 |
EBIT | -12.9 | -19.6 | -4.5 | -21.3 | -37.0 | -54.7 | -18.4 | -5.3 |
EBIT margin | -7.1% | -11.3% | -2.4% | -11.0% | -17.0% | -20.9% | -7.0% | -1.9% |
Pre-tax income | -12.6 | -19.7 | -4.0 | -25.0 | -45.6 | -80.2 | -18.0 | -5.1 |
Income taxes | 0.3 | 1.8 | -2.5 | 2.5 | 1.2 | -6.5 | -1.9 | 28.9 |
Tax rate | | | 61.8% | | | 8.1% | 10.5% | |
Net income | -13.0 | -21.5 | -1.5 | -27.6 | -46.8 | -73.7 | -16.1 | -34.0 |
Net margin | -7.1% | -12.4% | -0.8% | -14.2% | -21.5% | -28.1% | -6.1% | -12.4% |
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Diluted EPS | ($0.55) | ($0.95) | ($0.07) | ($1.25) | ($2.17) | ($3.47) | ($0.75) | ($1.61) |
Shares outstanding (diluted) | 23.4 | 22.7 | 22.2 | 22.0 | 21.6 | 21.3 | 21.5 | 21.0 |
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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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