Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
Revenues | 76.1 | 86.2 | 78.4 | 55.6 | 46.9 | 40.4 | 41.0 | 16.2 |
Revenue growth | -11.6% | 9.9% | 41.1% | 18.4% | 16.3% | -1.4% | 153.1% | 19.2% |
Cost of goods sold | 28.6 | 32.1 | 33.7 | 23.6 | 19.0 | 17.2 | 13.4 | 7.4 |
Gross profit | 47.6 | 54.1 | 44.7 | 32.0 | 27.9 | 23.2 | 27.5 | 8.8 |
Gross margin | 62.5% | 62.8% | 57.0% | 57.6% | 59.4% | 57.4% | 67.2% | 54.3% |
Selling, general and administrative | | | | | | | | |
Sales and marketing | 1.4 | 2.3 | 3.3 | 4.2 | 3.4 | 2.9 | 1.7 | 0.8 |
General and administrative | 7.2 | 7.9 | 6.5 | 4.0 | 3.8 | 2.8 | 1.9 | 1.4 |
EBITA | 36.2 | 37.8 | 27.1 | 20.1 | 16.7 | 14.1 | 33.9 | 3.0 |
EBITA margin | 47.5% | 43.9% | 34.5% | 36.2% | 35.6% | 35.0% | 82.8% | 18.4% |
Amortization of intangibles | 2.7 | 3.0 | 2.9 | 0.5 | 0.7 | 0.5 | 0.1 | 0.0 |
EBIT | 33.5 | 34.8 | 24.2 | 19.6 | 16.1 | 13.7 | 33.8 | 2.9 |
EBIT margin | 44.0% | 40.4% | 30.9% | 35.3% | 34.2% | 33.9% | 82.5% | 18.2% |
Pre-tax income | -13.3 | 22.1 | -4.7 | 10.4 | 8.2 | 2.1 | 17.3 | 2.9 |
Income taxes | 3.6 | 5.2 | -0.9 | 3.2 | 2.9 | 1.0 | 6.9 | 1.0 |
Tax rate | | 23.5% | 19.0% | 30.4% | 35.6% | 46.0% | 39.7% | 33.4% |
Net income | -17.0 | 16.9 | -3.8 | 7.2 | 5.1 | 1.0 | 10.3 | 1.8 |
Net margin | -22.3% | 19.6% | -4.9% | 13.0% | 10.9% | 2.5% | 25.1% | 11.1% |
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Diluted EPS | ($0.91) | $0.89 | ($0.22) | $0.75 | $0.73 | $0.16 | $2.53 | $0.44 |
Shares outstanding (diluted) | 18.8 | 19.1 | 17.6 | 9.6 | 7.0 | 6.2 | 4.1 | 4.0 |
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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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